$OM I was meaning to write about it for sometime now. There are some questions which are quite puzzling like:
1. The OM Mantra team says that they don't have a court case against OKX but their partners Inveniam does relating to the liquidation which leads me to the question, are the 140+ Million OM coins which were loaned for USDT which were further used to buy OM coins repeatedly done by Inveniam. That's means the partnership was agreed long before anything that was formally announced with investments in OM coin.
2. If you look at the CoffeeZulla interview with JP Mullen, he mentioned that he informed their market maker to keep buying. Was there something mischievous being cooked when the price was kept high like someone opening short positions or selling to stay highly liquid. No one really knows and you would get the standard response from the team.
3. There was a hard CAP of 2.5 Billion coins which has been changed to 10 Billion Total and Max supply CAP, if there is already excessive supply in the open market after the price collapse, why would you want to further increase the supply?
Now you will get people who are hard-core or paid supporters of OM Mantra dismissing my points which they can provided they provide a rational response which I am still looking for.Let me k ow your thoughts.
