The talisman team responds to the decrease in the price of the distinctive symbol for om to 80 % in 24 hours
The encryption community team addressed in the wake of the collapse of the distinctive code for Mantra (OM) for more than 80 % in the past 24 hours. Despite the statement, society is still concerned that this may serve as a carpet by the team, which controls a huge amount of total supply of the distinctive symbol.
A talisman team responds after the distinctive code crashes
in X postThe community talisman team confirmed that the distinctive symbol is “mainly strong” despite the incident that occurred in the past 24 hours. The team blamed the incident in the “reckless liquidation” and denied that it had any relationship with the project.
They also emphasized that this has nothing to do with the team and revealed that they were looking at the collapse of Mantra prices and they will share more details about what happened as soon as possible.
In the X Publication, the co -founder of the project, John Patrick Mullin, revealed a massive coercive liquidation of a large om investor on a central exchange (CEX). However, he did not reveal whether it was one of the best encryption exchanges.
In another X post, Mullin tried to set the record straight. He stated that they did not delete the Telegram channel. He also pointed out that the symbols of all the team remain in the reservation and presented a title of the portfolio (talisman … .. quem) for members of society to verify this claim.
The co -founder of Awalada added that they are actively discovering the reason for this huge forced liquidation and will provide more information as soon as possible. He stressed that they are still here and do not go anywhere.
The price of a talisman is disrupted by more than 80 % in 24 hours
Coinmarketca data shows that the price of Mantra has collapsed by more than 80 % in the past 24 hours. The distinctive symbol decreased sharply from the highest level in a day from 6.3 dollars to low up to $ 0.4. However, it has regained the price of $ 1 after the team’s statement.
However, in the midst of this statement, some members of society are still convinced that this was tantamount to withdrawing a rug, as the team controls a huge amount of supplies of the distinctive symbol. Crypto Sjuul described the distinctive symbol of om as a color in this course.
He also explained the reason for the community’s belief that the accident was like a carpet withdrawal, saying that the accident started when a wallet caused the team to have suddenly deposited 3.9 million symbols of OKX Crypto exchange. This deposit led to a large sale, causing a talisman price to collapse.
In addition to the crash of the distinctive symbol, the broader encryption market is witnessing a decline after US President Donald Trump’s statement, in which he exposed reports of exemption. This comes just one day after the recovery of the encryption market after reports that the American president had given computers, phones and chips from his definitions on China and other countries.
Boluwatife Adeyemi
Boluwatife Adeyemi is a writer and editor of encryption news that covered topics that exceed many topics and ports. Boluwatife has a talent to simplify the most technical concepts and make it easy for the novice encoded. Away from writing, he is a fan of thirsty basketball, traveler and part -time.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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