Mantra Token Crash: Liquidations or Insider Trading?
The Mantra token crash has just shocked the crypto community as the OM token plunged over 90% in a single hour on Sunday, and right now investors are still reeling from the impact. The token, which was trading at nearly $6, suddenly dropped to below $0.4, and this has really raised some serious questions about cryptocurrency market volatility, as well as potential liquidation risks and also possible insider trading accusations. Also Read: Nvidia (NVDA) Citi Cuts Price Target to $150: Here’s Why Is Mantra Token’s 90% Drop A Result Of Market Volatility Or Insider Influence? Source: changenow.io This dramatic Mantra token crash happened during a period of low liquidity on Sunday evening UTC, which was actually early morning in Asia, and this timing has certainly added fuel to the speculation about market manipulation. At the moment, project representatives are trying to address the growing concerns about cryptocurrency market volatility and the integrity of the project. John Patrick ...