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Mr Noah 🎩
@mrnoah
Mantra CEO, JP Mullin, viewed the 90% price drop in the OM token as a result of exchange-forced sell-offs. He revealed that liquidity and exchange market manipulation were the significant underlying reasons for the price crash. The OM token crashed on April 13 upon concerns raised over the token valuations fueled by actions of the exchanges. The crash is a proof of token management weaknesses as well as on practices in centralized exchanges.
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