$OM MANTRA announces the CEO's commitment to burn 150 million tokens to rebuild community trust. Team and core contributors' tokens are being stored with a reduction to enhance network security. Further negotiations for burning an additional 150 million tokens have been discussed. The total supply is expected to decrease to 1.67 billion OM tokens. Staking rewards are expected to increase after the reduction. Transaction details will be announced after verification on the blockchain. No investment advice is being provided. Like, comment, and follow.
$OM #OM# When you place a buy order, it goes straight to a sell order. If you place a short, it goes straight to a long. As if someone is actually sitting and managing what should be taken and what should be skipped!
$OM Where can we buy back OM? (1W) After the significant drop, it has become clear that a downward trend has begun, and the price is now looking for high liquidity buying areas. Based on the chart, the green area stands out as the best potential area for a buyback - it could drive the price upward by 100% to 500%. Reaching this area may take several weeks or even months. A weekly candle close below the invalidation level will invalidate this expectation. For risk management, please do not forget to set a stop-loss and manage your capital. Comment if you have any questions#
$OM MANTRA Co-Founder JP Mullin posted on platform X to clarify: "90% of the circulating coin supply was not under the team's control, as more than 91% of the circulating coin supply was issued on Ethereum, and has been traded for nearly five years, the truth is greater than fear, uncertainty, and doubt (FUD)."