OM Coin experienced a drastic price drop, plummeting over 90% in value and currently trading below the $6 mark. The lack of explanation from Mantra officials regarding this sudden decline has fueled uncertainty within the market. This event aligns with warnings issued about low-liquidity altcoins, particularly those with large liquidations, like ZK Coin and LUCE, which have also suffered significant losses. Furthermore, a surge in sell orders on the Bybit exchange, including lesser-known meme coins such as MANEKI, JELLYJELLY, AIDOGE, has further increased volatility across various altcoins. Investors are urged to remain cautious, especially with cryptocurrencies lacking solid fundamentals and exhibiting high price fluctuations. The COINTURK NEWS team continues to provide insights on this issue, including advice on setting stop-loss levels in a recent video, emphasizing the need for market awareness and strategic adaptation during volatile times.