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 isnât just another âtoken crashedâ story.
This is how the $OM community got played â and why it could happen again
Act 1: The Wallet That Lit the Fuse
It started with one transaction.A wallet â believed to be linked to the MANTRA Chain team â suddenly deposited 3.9 million $OM tokens on OKX.Sounds routine? It wasnât
When one group controls 90% of the supply â thatâs not decentralization, thatâs a ticking time bomb.
And this move? It lit the fuse.
đš BOOM incoming.
Act 2: Trust Was Already on Life Support
The community was already uneasy:
âą Price manipulation rumors via market makers
âą Tokenomics changed with zero transparency
âą Airdrops delayed like a never-ending tease
That OKX deposit? It was the final straw.
â ïž People were done giving benefit of the doubt.
Act 3: The Panic Spiral
Then came the whispers:
OTC deals offering huge discounts â 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%.
đ„ Full-blown liquidation meltdown.
Act 4: The Aftermath
âą $5.5 billion wiped out
âą Thousands rekt
âą Trust obliterated
This wasnât just volatility.
This was a controlled collapse.
So Whatâs the Lesson?
To avoid getting wrecked next time:
âą đ« If the team holds most of the supply â run.
âą đ If tokenomics quietly change â ask why.
âą âł If promises keep getting delayed â youâre the exit liquidity.
The om crash wasnât random.
It was the inevitable result of centralization + silence.
DYOR isnât a meme. Itâs survival.
Stay sharp. Stay sovereign.