Crypto NewsAltcoinBREAKING: Binance-Listed Altcoin Dropped 80 Percent in Seconds! What's Happening? Here's What...
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BREAKING: Binance-Listed Altcoin Dropped 80 Percent in Seconds! What’s Happening? Here’s What You Need to Know

Author: Mete Demiralp
Update:
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According to breaking news, the price of the Mantra (OM) token, which is also listed on Binance, suddenly dropped by 77%.

According to the information obtained so far, the reason for the decline was that a manipulative team that held a significant portion of the tokens sold all their positions.

Minute chart showing the sudden drop in OM price.

UPDATE:

A message posted by Mantra (OM) community leader Dustin McDaniel denied the allegations that the MANTRA team is selling. Losses in OM over the last 24 hours are still above 90%.

*This is not investment advice.

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