#Om Mantra's Shocking 90% Crash # Explained

#Om Mantra's Shocking 90% Crash Explained--

Transcript

00:00From 2023 to 2025, several cryptocurrencies showed strong performance, only to experience

00:06significant drops later. Among them were PopCat and OM Mantra DAO. Today, we'll focus on OM Mantra

00:14and the dramatic events surrounding it. PopCat surged starting in January 2024,

00:20hitting a record high in October before taking five months to decline gradually.

00:25While it dropped significantly over two to three months, the fall was not abrupt.

00:30In contrast, OM Mantra's story is far more shocking.

00:34Last night, OM Mantra's price crashed by 90% in just five minutes. Its market cap plummeted from

00:41$6 to $7 billion to $1 billion, wiping out $5 to $6 billion in value. The price fell from $1.05 to

00:49$0.70, with lows touching $0.30. Such a rapid collapse raises questions about what went wrong

00:56and what we can learn from it. OM Mantra had previously seen incredible growth,

01:02rising from a low of 1 rupee to 800 rupees at its peak. However, holding onto a coin at its all-time

01:09high, driven by FOMO, fear of missing out, can be risky. If you buy low and the price surges,

01:16it's critical to book profits at the right time. Waiting too long, hoping for even higher gains,

01:22can backfire, as we've seen here. Many investors hesitate to sell, thinking,

01:28I'll hold a bit longer for bigger profits. But the market is unpredictable.

01:33OM Mantra's crash shows that sharp declines can happen to any coin.

01:38The project's team has stated they weren't responsible for the dump,

01:41pointing instead to market dynamics like liquidations. Approximately $70 to $80 million

01:47in long positions were liquidated as the price fell rapidly. However, this doesn't fully explain

01:53the $5 to $6 billion loss in market cap. Some speculate that large players or whales

01:59orchestrated the drop to book profits. Unlike PopCat's gradual decline, OM Mantra's crash was

02:05instantaneous, suggesting coordinated selling. Despite its strong fundamentals, partnerships like

02:12DMEC in Dubai, a recent license, and leadership in real-world assets, RWA, the project wasn't immune

02:19to such a shock. So, what's the lesson here? No matter how promising a coin seems, you must set

02:26clear targets and stick to them. If a coin skyrockets from 1 rupee to 1,000, decide whether to sell at the

02:33peak or hold for more. Holding indefinitely, out of attachment or greed, can lead to losses if the

02:39price collapses unexpectedly. OM Mantra's crash may remind you of Luna or FTX, which also collapsed

02:46dramatically. Unlike those cases, no clear bad news triggered OM Mantra's fall, the team insists

02:52nothing fundamental changed. Yet, the damage is done. Recovery could take months, if not longer.

03:01The key takeaway? Don't marry your investments. Stay disciplined, book profits at the right time,

03:08and always be prepared for volatility. OM Mantra's story is a stark reminder that in crypto,

03:14anything can happen. Found this valuable? Like, comment, and subscribe for more.

03:21See you in the next video with fresh analysis. Stay safe and trade smart.