The CEO and co -founder of the Crypto project in the real world (RWA) reveals a plan to restore society’s confidence after a huge sale of the Blockchain symbol.
On Sunday, the value of the distinguished code for OM decreased from a height of $ 6.35 to the lowest level at $ 0.37, which represents a significant decrease of 94 %.
The price collapsed occurred after at least 17 wallets converted 43.6 million American symbols ($ 227 million at the time) to the exchange of encryption.
In jobs on the social media platform X, CEO of Mantra John Patrick Mullin Advertise The distinctive symbol support plan, which is characterized by the re -purchase and supply program after the accident, caused great losses to OM holders.
“I have already committed to burning the allocation of my team (not my team). Details of a comprehensive burning program.
We build a dashboard with live balances of the distinctive symbol of the additional market transparency. “
Moulin says that a talisman takes action Reinstalization Market confidence and a long -term commitment to the project.
“For the OM merchant community, you have long believed in Mantra. However, yesterday, as a result of the enormous forced liquidation of the large om holders’ sites in the exchange of a specific encryption, many have suffered losses. Regardless of the scale of your loss, you are in my mind and the ideas of the team.”
According to Moulin, the investigation shows that the team did not sell the distinctive symbols of OM during the market distress. The data also reveals that a number of important merchants were classified by central stock exchanges.
“We are confident that more information is from our Central Exchange partners will provide more clarity in these events. We call for Exchang partners to cooperate in providing more clarity in trading activities during this time.”
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
Created Image: Midjourney
