{"id":21911,"date":"2025-04-14T04:33:05","date_gmt":"2025-04-14T04:33:05","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21911"},"modified":"2025-04-14T04:33:05","modified_gmt":"2025-04-14T04:33:05","slug":"om-tokens-90-crash-leaves-holders-reeling-mantra-blames-reckless-liquidations-ceo-says-fixing-this","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21911","title":{"rendered":"OM Token&#8217;s 90% Crash Leaves Holders Reeling \u2014MANTRA Blames &#8216;Reckless Liquidations,&#8217; CEO Says &#8216;Fixing This&#8217;"},"content":{"rendered":"<div>\n<p>The native cryptocurrency of a real-world asset-focused project dramatically crashed by nearly 90% on Sunday, wiping out billions of dollars worth of investors&#8217; fortunes.<\/p>\n<p><strong>What happened: <\/strong>The <strong>OM <\/strong>token of Layer-1 blockchain <strong>MANTRA <\/strong>nosedived from $5.26 to $0.42 in 90 minutes in the afternoon. The sudden plunge erased a whopping $4.6 billion from the coin&#8217;s market capitalization.<\/p>\n<p>Moreover, the crash triggered liquidations of over $68 million for OM in the last 24 hours, <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">according <\/a>to Coinglass.<\/p>\n<p>According to Lookonchain, about 17 wallets transferred $227 worth of OM tokens to exchanges, accounting for 4.5% of the circulating supply. Two of these addresses belong to <strong>Laser Digital<\/strong>, a &#8220;strategic&#8221; investor in MANTRA.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Who dropped the price of <a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$OM<\/a>?<\/p>\n<p>Before the <a href=\"https:\/\/twitter.com\/search?q=%24OM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$OM<\/a> crash(since Apr 7), at least 17 &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/04\/44781876\/om-tokens-90-crash-leaves-holders-reeling-with-lossesmantra-blames-reckless-liquidations-but-are-big-players-invo\" alt=\"OM\" token crash leaves holders reeling blames liquidations ceo says this>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The native cryptocurrency of a real-world asset-focused project dramatically crashed by nearly 90% on Sunday, wiping out billions of dollars worth of investors&#8217; fortunes. What happened: The OM token of Layer-1 blockchain MANTRA nosedived from $5.26 to $0.42 in 90 minutes in the afternoon. The sudden plunge erased a whopping $4.6 billion from the coin&#8217;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21911","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21911"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21911\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}