Will Mantra Coin(OM) Recover After 90% Crash?Market Impact & Future Outlook.

robot
Abstract generation in progress
  • Despite a bullish altcoin market, mantra (OM) crashed 90% in 7 days, from ~$6.41 to ~$0.69.
  • Speculation of stealth dumping or forced liquidations due to large pre-crash transfers to exchanges.
  • Analysts cite centralized exchange dominance, thin liquidity, and automated liquidations, not a rug pull.
  • Technical indicators remain bearish with OM below $0.70, low RSI (36.97), and weak volume. Resistance near $1.00–$1.20.
  • On-chain data shows steady TVL ($342.2M) and 50% of market cap staked, but $199M in open borrowing adds risk.
  • Short-term outlook is bearish unless Mantra DAO offers updates, burns tokens, and takes credible recovery actions.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 2
  • Share
Comment
0/400
GateUser-6fd57c8evip
· 04-17 14:57
Hold on tight, we're taking off To da moon 🛫
Reply0
Doomweyvip
· 04-17 10:39
Independent fall market
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)