$OM
-1.16%
$LUNA
-1.17%
The $OM collapse isn’t like $LUNA There was no stablecoin, no algorithmic loop, no BTC reserve backing the system With $LUNA, the crash was triggered by a depeg With $OM, it was pure execution, a calculated exit 43 million tokens were sent to exchanges during a quiet, low liquidity weekend The team didn’t defend the price They didn’t communicate They just dumped Price nuked 90%, $36M in longs were liquidated, and $5.6B in value vanished Same retail pain, different mechanics This wasn’t a black swan It was silence and timing And it worked I’d personally stay far away from $OM What they showed this weekend isn’t something you can rebuild with a tweet
From X

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