OKX releases announcement on price fluctuations of MANTRA (OM)

律动BlockBeats
律动BlockBeats|Apr 14, 2025 07:57
BlockBeats news, on April 14th, according to official announcements, OKX has recently noticed significant fluctuations in the MANTRA project token OM: since the token rose sharply in early November 2024, around 2:28:32am (UTC+8) on April 14, 2025, there was a rapid price drop and trading volume amplification on other trading platforms, followed by a short-term market drop of over 80%. At the same time, based on publicly available data on the chain and internal data of exchanges, the token economy model of the project has undergone significant changes since October 2024; Since the beginning of March, multiple on chain addresses with similar operating modes have engaged in large-scale deposit and withdrawal activities on various exchanges. Based on the above market risks, OKX has adjusted a series of risk control parameters on the platform to resist market risks. At the same time, OKX reminds users that there are significant market risks in the near future, and some tokens may experience significant changes in token supply, which will have a significant impact on token prices. Users are advised to carefully analyze the project situation during trading.
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