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by: xpoolPosted on: April 15, 2025

OM Coin Plunges: $6.6B Wipeout Raises UST-Style Concerns

The cryptocurrency market is reeling after Mantra (OM) experienced a dramatic 90% price drop within a single day, sparking comparisons to the collapse of TerraUSD (UST). The sudden decline followed an address linked to the protocol depositing 3.9 million OM on the OKX exchange just hours before. Mantra’s co-founder has yet to explain the cause behind this drastic drop.

Related posts:

  1. MANTRA Token Suffers Catastrophic Plunge, Losing $6 Billion in Market Cap
  2. OM Coin Plunges Over 90%, Triggering Panic Selling and Doubts of Manipulation
  3. China Tariffs Spark Crypto Market Fluctuations: Solana Leads Surge
  4. Zilliqa Leadership Changes as Network Pivots to ‘Zilliqa 2.0’
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