OKX releases announcement on MANTRA (OM) price fluctuations

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According to ChainCatcher's report,based on an official announcement, OKX recently noticed significant fluctuations in the MANTRA project token OM: after the token sharply increased in early November 2024, at 2:28:32 am (UTC+8) on April 14, 2025, other trading platforms first experienced rapid price drops and expanded trading volumes, followed by a market-wide sharp decline of over 80% in a short period.

Meanwhile, based on on-chain public data and internal exchange data, the project token economic model has undergone significant changes since October 2024; additionally, from early March to date, multiple on-chain addresses with similar operational patterns have exhibited large deposit and withdrawal activities across various exchanges.

In response to these market risks, OKX has adjusted a series of platform risk control parameters to mitigate market risks. Simultaneously, OKX warns users that market risks are currently high, and some tokens may experience significant changes in token supply that could cause substantial price fluctuations and impacts, urging users to conduct careful analysis of project conditions before trading.

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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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