According to Foresight News, Shorooq stated that during the OM collapse, Shorooq Fund, founding partners, and the MANTRA team did not sell any tokens; on-chain data confirmed that the price crash was triggered by a large-scale forced liquidation; this event occurred during a period of low liquidity, leading to panic selling. Transparency and accountability are crucial, and Shorooq promises to remain responsible and has publicly disclosed its wallet to ensure complete transparency.
Shorooq Statement: The recent OM token price plunge is not caused by its fund
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