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The OM token, native to the Mantra blockchain, experienced a dramatic 90% price crash over the weekend, plummeting from $6 to $0.70. This sudden devaluation triggered widespread concern within the crypto community, fueling speculation of a potential “rug pull” scam. Adding to the unease, rumors of a possible hack also surfaced, intensifying market fear and uncertainty surrounding the token’s future. The rapid decline prompted immediate discussion and debate across social media platforms, with investors and observers alike attempting to understand the cause of the sudden price drop. In response to the growing panic, the Mantra leadership team acted swiftly to address the community and provide clarity regarding the situation.
