Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
TradFi
Gold
Trade global traditional assets with USDT in one place
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Trending Topics
View More275.52K Popularity
883.82K Popularity
10.64M Popularity
105.15K Popularity
567.21K Popularity
Pin
#OM This morning, the price of #om (MANTRA) Token fell from about $6.2 to a low of $0.37, with a market capitalization evaporating by over $6 billion.
This fall is due to a significant adjustment by the MANTRA team to the Token economic model:
Supply doubled: An additional 888 million OM Tokens have been added, bringing the total supply to 1.78 billion.
Unlimited inflation mechanism: Shift from fixed supply to unlimited inflation to support future growth and ecological incentives.
These changes have led to doubts in the market regarding the value of the Token, prompting investors to sell off, resulting in a price crash.
In addition, the team has been accused of a large-scale token sell-off without prior notice to the community, further exacerbating market panic.
All the so-called reasons are just excuses, as they forcefully push up prices like a bulldozer, with the purpose of unloading. The project parties collaborate with market makers to harvest, showing no shame.