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Why Did $OM Crash from $6 to $1? Here’s the Full Breakdown:
The sharp drop in $OM ’s price can be traced back to major changes in its tokenomics, officially announced by MANTRA to support the upcoming MANTRA Chain mainnet.
What Changed?
1) Token Supply Doubled:
888,888,888 new $OM tokens were minted, bringing the total supply to 1.78 billion.
2) Inflationary Model Introduced:
$OM shifted from a fixed supply to an uncapped inflationary model for more flexibility in ecosystem growth.
New Allocations Include:
1) OM Upgrade Rewards for current stakers
2) Genesis Airdrop & Incentivized Testnet to boost adoption
3) Core Contributor Incentives for team, investors & advisors
Why the Crash?
1) Dilution: The supply increase devalued existing holdings, triggering a wave of sell-offs.
2) Uncertainty: The move to an inflationary model raised concerns about long-term value.
3) Upcoming Unlocks: A scheduled release of 7.07 million OM on April 18, 2025, added more pressure.
Binance Reacts:
Binance flagged the #OM trading pair due to the sudden and significant changes in its tokenomics, warning users of increased risk.
Bottom Line:
The tokenomics shift may support long-term growth, but short-term market sentiment reacted sharply. Always DYOR before investing.
#REACT #Move
The sharp drop in $OM ’s price can be traced back to major changes in its tokenomics, officially announced by MANTRA to support the upcoming MANTRA Chain mainnet.
What Changed?
1) Token Supply Doubled:
888,888,888 new $OM tokens were minted, bringing the total supply to 1.78 billion.
2) Inflationary Model Introduced:
$OM shifted from a fixed supply to an uncapped inflationary model for more flexibility in ecosystem growth.
New Allocations Include:
1) OM Upgrade Rewards for current stakers
2) Genesis Airdrop & Incentivized Testnet to boost adoption
3) Core Contributor Incentives for team, investors & advisors
Why the Crash?
1) Dilution: The supply increase devalued existing holdings, triggering a wave of sell-offs.
2) Uncertainty: The move to an inflationary model raised concerns about long-term value.
3) Upcoming Unlocks: A scheduled release of 7.07 million OM on April 18, 2025, added more pressure.
Binance Reacts:
Binance flagged the #OM trading pair due to the sudden and significant changes in its tokenomics, warning users of increased risk.
Bottom Line:
The tokenomics shift may support long-term growth, but short-term market sentiment reacted sharply. Always DYOR before investing.
#REACT #Move
Fernanda Purtill GEQ3:
the crap about Chopin simply fucked 99 percent of investors
DAILY GAINERS
$SFM +39.0%
$ZERO +36.6%
$TARA +29.4%
$AAVE +28.5%
$RLC +25.0%
$KAITO +22.5%
#JTO +21.0%
#SUPRA +20.8%
#ADA +20.1%
#REACT +18.0%
#dailygainers
$SFM +39.0%
$ZERO +36.6%
$TARA +29.4%
$AAVE +28.5%
$RLC +25.0%
$KAITO +22.5%
#JTO +21.0%
#SUPRA +20.8%
#ADA +20.1%
#REACT +18.0%
#dailygainers
See original
📰Tuesday main events of the day February 25.
📌$BNB Chain will conduct a Pascal hard fork.
📌 $LUNC Terra Classic updated to v3.4.0.
📌 $EGLD MultiverseX mainnet update v1.8.11.1.
📌 #REACT Reactive Network mainnet launch.
📌 Day Of DePIN 25.
📌CB Consumer Confidence Index (February).
#CRYPTONEWS
📌$BNB Chain will conduct a Pascal hard fork.
📌 $LUNC Terra Classic updated to v3.4.0.
📌 $EGLD MultiverseX mainnet update v1.8.11.1.
📌 #REACT Reactive Network mainnet launch.
📌 Day Of DePIN 25.
📌CB Consumer Confidence Index (February).
#CRYPTONEWS
DAILY GAINERS
#REACT +47.5%
#SAROS +45.1%
$VIC +41.5%
#XYO +30.0%
#KLV +29.8%
$AKT +24.9%
$PI +24.4%
$VANRY +24.3%
$DEAI +23.8%
$AUCTION +23.4%
#dailygainers
#REACT +47.5%
#SAROS +45.1%
$VIC +41.5%
#XYO +30.0%
#KLV +29.8%
$AKT +24.9%
$PI +24.4%
$VANRY +24.3%
$DEAI +23.8%
$AUCTION +23.4%
#dailygainers
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