What Just Happened to OM? — RWA Narrative Meets Market Reality
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Did Mantra Just Soft-Rug the Market?
This weekend, the crypto market witnessed one of the most dramatic flash crashes in recent DeFi history: Mantra's OM token plunged 90%, wiping over $5 billion in market cap and triggering $75 million in liquidations—most of which hit unsuspecting retail traders.
And just as fast? OM rebounded
