Over $5.5B in market cap wiped out instantly. DUMP REASON : 1) Reports say the Kabal team behind #OM resigned right before the crash. Shortly after, over $590M worth of $OM was sent to exchanges, most likely a massive sell-off. 2) There are also rumors that the team held 90% of the total supply. Airdrop holders got completely rekt. Long-term investors were left holding the bag. This project had full supply control, possible OTC dumps, and zero transparency. It looks like insiders got out and the community paid the price. Protect your capital. Trust your instincts. If something feels shady, it probably is. Stay sharp. Stay safe. $OM #crashed
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$OM just crashed 90% in under an hour.
Over $5.5B in market cap wiped out instantly.
DUMP REASON :
1) Reports say the Kabal team behind #OM resigned right before the crash.
Shortly after, over $590M worth of $OM was sent to exchanges, most likely a massive sell-off.
2) There are also rumors that the team held 90% of the total supply.
Airdrop holders got completely rekt.
Long-term investors were left holding the bag.
This project had full supply control, possible OTC dumps, and zero transparency.
It looks like insiders got out and the community paid the price.
Protect your capital. Trust your instincts.
If something feels shady, it probably is.
Stay sharp. Stay safe.
$OM #crashed