$OM was once priced in the single-digit dollars and attracted attention as a token tied to a blockchain focused on real-world asset tokenization and DeFi activity. However, in **April 2025 the token experienced a massive freefall—losing about 90 % of its value in hours—which wiped out billions in market capitalization and shook confidence in the project. Many traders and analysts pointed to issues like low liquidity, large token movements to exchanges, and forced liquidations as proximate causes of that plunge, and the sharp drop spooked many investors
OM
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