What if I told you a single wallet move set off a chain reaction that obliterated $5.5 billion in value?
No hacks. No exploits. Just insider greed, broken promises, and a market trap hiding in plain sight.
This isnāt just another ātoken crashedā story.
This is how the
$OM community got played ā and why it could happen again
Act 1: The Wallet That Lit the Fuse
It started with one transaction.A wallet ā believed to be linked to the MANTRA Chain team ā suddenly deposited 3.9 million
$OM tokens on OKX.Sounds routine? It wasnāt
When one group controls 90% of the supply ā thatās not decentralization, thatās a ticking time bomb.
And this move? It lit the fuse.
šØ BOOM incoming.
Act 2: Trust Was Already on Life Support
The community was already uneasy:
⢠Price manipulation rumors via market makers
⢠Tokenomics changed with zero transparency
⢠Airdrops delayed like a never-ending tease
That OKX deposit? It was the final straw.
ā ļø People were done giving benefit of the doubt.
Act 3: The Panic Spiral
Then came the whispers:
OTC deals offering huge discounts ā some as deep as 50%.
When the price dipped, insiders panicked.
They dumped.
Retail followed.
Stop-losses hit.
Leverage exploded.
Within an hour,
$OM crashed 90%.
š„ Full-blown liquidation meltdown.
Act 4: The Aftermath
⢠$5.5 billion wiped out
⢠Thousands rekt
⢠Trust obliterated
This wasnāt just volatility.
This was a controlled collapse.
So Whatās the Lesson?
To avoid getting wrecked next time:
⢠š« If the team holds most of the supply ā run.
⢠š If tokenomics quietly change ā ask why.
⢠ⳠIf promises keep getting delayed ā youāre the exit liquidity.
The om crash wasnāt random.
It was the inevitable result of centralization + silence.
DYOR isnāt a meme. Itās survival.
Stay sharp. Stay sovereign.
#OMCoi#OMCoinCrisis