The weekend, Crypto traders were most likely to have something like the price of Zen, OM-Native Token Mantra Blokchain-90% of.
On Sunday, OM prices fell from $ 0.30 in a few hours and shook Crypto markets and thinks that a large number of people witnessed a disaster such as FTX collapse. But so far do not seem so far.
Here is a runnown of important facts to know, as we understand them on Monday morning.
What happened to Mantra?
As noted, OM values are more than 90% on April 14, April 14. It was not known when he had taken place in the minute, so many crypters and investors were simplified.
In general, OM crash was removed from about $ 72 million, and the market capitalization fell to about $ 683 million to about $ 683 million. Again, it happened within a few hours that created a good confusion and anxiety over a period of time.
What caused the Mantra Crypto crash?
Although the initial fears are centered around a kilogram of kilk pulling scheme, usually traditional Exchange-Mantra’s co-founder JP Mullin’s common crypto cheat usually Sent x The team sorted by making an effort to calm investors.
He said in this article: “We started by careless binding gardens launched by the centralized exchange of OM market actions.
Continued: “This happened on Sunday Evening UTC (early in the morning in the morning) in the best case of negligence or intentional market placement taken by centralized exchanges.”
Some and forward some, some stressed in x In advance concerns Mantra and his founding team, including some members, said they were involved in online gambling platforms.
In response to an OM accident, a large crypto exchange, Okx, left a comment He noted that the team’s team “conducted researches” and the technology of the Tokenomics of Tokenomics, as well as the internal stock exchange and several ADVARDS, and several advanced deposits and several advanced deposits in various centralized exchange has been changed in various centralized exchange and retreat. “
The exchange also noted that they warn the OM Token page on the website and took additional measures to manage the sign-related risks.
Where things are standing with Mantra Crypto
As can be seen, the work is still sorted as in Monday.
Mantra’s coin om prices Still, starting from Monday, and Token is trading around $ 0.68. Again, it is significantly lower than where a week before, more than $ 6.50.
As he stops, some reports The OM’s accident could be the next Terra-Luna cryptoist, which appeared in a “Crypto Winter” a few years ago a few years ago. This also caused Kwon’s arrest of both Terra and Luna. Some crypto traders even speculating This notes the end of the current crypto bull market.
However, Mullin continues to convince the crypto community that has been under control so far.
