The Tragic Tale of Mantra: Rug Pull or Short Squeeze?

The cryptocurrency Mantra, ticker OM, crashed dramatically, plunging over 90% in just one hour, erasing billions in value. Its market cap plummeted from $6 billion to $500 million, shocking investors. Speculation swirls around massive liquidations on exchanges, with some alleging insider selling. On-chain data reveals large OM transfers to platforms like OKX before the drop, fueling suspicion. The Mantra team denies dumping tokens, attributing the crash to reckless market moves. Despite a slight rebound to around $1, confidence in the project is shaken. Once hailed for real-world asset tokenization, Mantra now faces intense scrutiny. Can OM recover from this catastrophic blow?

Видео The Tragic Tale of Mantra: Rug Pull or Short Squeeze? канала Trueshot Crypto