OM-token from Mantra crashes by 87% after massive compulsory liquidations-Binance blames external factors, while legal problems and accusations of insider trade exacerbate the situation
<p> <strong> OM-token from Mantra crashes by 87% after massive compulsory liquidations-Binance blames external factors, while legal problems and accusations of insider trade exacerbate the situation </strong> </p>
mantra om-token falls by 87%: forced liquidations and changes in offer as causes
The Mantra's OM token has experienced a dramatic decline in the past few days, which amounts to 87%. This crash was triggered by a combination of compulsory liquidations and changes in the token offer structure. In a statement, Binance said one of the greatest crypto exchanges worldwide that have contributed to this massive loss.
The situation around the OM token is also complicated by legal problems and accusations of insider trading. The Mantra company has rejected these allegations and denies any misconduct in connection with the trade of its tokens. It remains to be seen how these developments will affect the trust of investors and the future performance of the tokens.
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