Can’t agree more with Arthur. There are a number of other tokens that have the same dynamic and OM won’t be the last project that experiences this type of sudden overnight collapse.

Arthur
@Arthur_0x
04-14
The biggest problem plaguing the liquid crypto market now is the complete blackbox of how projects and market makers can work together to create an artificial price that can sustain for a very long period.
You don't know whether the price is a result of organic demand & supply
Part of the blame lies with the major exchanges that still insist on a 1 year lock up for these projects thereby constraining the liquidity of the tokens which allows market makers to manipulate/support their prices more easily. If the float was higher there would be proper price
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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