Although Sonic-R couldn't pinpoint the potential reversal point for OM, the trendline and MACD could identify the anomaly in the price action. A cautious investor could have managed their OM holdings when it was at $6 instead of waiting for the 90% drop last week.Thanks for your analysis on the OM situation! I only saw the price drop and wasn't aware of the reasons or any clear signals before the collapse happened. I also don't invest in OM, so I haven't paid much close attention to it.
I admire OP's analysis on OM's dramatic fall from grace and maybe people should see the virtue of this analysis rather than continue on the blame game. So it is clear that this is not actually the first time that malady happened to OM...in other words there is a historical precedent that people just ignored which can actually be natural especially since the platform is connected to RWA, a rising trend that is supposed to be bringing fresh perspective to investors. As for me, what happened to OM is not really an isolated event as there had been many same stories in the past. Hopefully, this will not be setback to the rise of RWA in the market. This is just another twist and turn in the cryptocurrency industry and is always telling us to be careful all the time.Yeah, we can learn a lot from the OM price crash. We'll know that whales can collude with the team to manipulate the market, causing token price to fluctuate unusually but seemingly very logically. New investors need to stay alert to avoid getting caught up in FOMO!
- As long as I can say, OM is a good buy now, because according to what I read about it, the OM developer is working on a way to maintain the trust of crypto community investors who will stick with them. And from time to time, they also give an update development on their plans right now here at OM.Just like you I also think it can be good investment. This is partly because people who created OM are trying to make sure that people who invest in cryptocurrencies trust them and they also share updates about what they are working on. Sharing information like this can be good sign.
And they seem serious about what they are doing, and maybe I will just save a little bit of it and then hold it for a short-period of time when I see an exit profit that's all.
---Well, I didn't expect that OM dropped that sharply during the bear market season. I mean I expected Bitcoin dropping by around 70-80%, but for OM to go down more than 95% during a bear market season is just insane. What's more insane is the upwards movement in just a span of around 3-4 years. Just imagine if you bought OM during the drop even only just 10$. You will end up making around $5300. Of course, this is just an imagination only and another "WHAT IF?"
During the crypto winter of 2022-2023, the OM price dropped sharply from $0.884 in March 2021 to $0.017 in September 2023, a 98% decrease that caused extreme disappointment for investors. When the downtrend line was broken in November 2023, I'm not sure if anyone dared to accumulate OM.
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As the market got caught up in the AI and Layer-2 trends, RWA became stronger, and the OM price surged to $9.11 in February 2025, confirming a ~53 488% increase and starting to be mentioned in many livestreams by KOLs on YouTube. It was considered a successful token and representative of the strength of the RWA trend.
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- As long as I can say, OM is a good buy now, because according to what I read about it, the OM developer is working on a way to maintain the trust of crypto community investors who will stick with them. And from time to time, they also give an update development on their plans right now here at OM.The question is that, will the investor trust this project again after what happened? Yes, it's good that the developer is still running the project despite of what happened, but will the trust still the same? Will the reputation of the project still the same?
- As long as I can say, OM is a good buy now, because according to what I read about it, the OM developer is working on a way to maintain the trust of crypto community investors who will stick with them. And from time to time, they also give an update development on their plans right now here at OM.Actually, I think that your opinion is appropriate in this time. I am also believe that gradually this coin will be more profitable in cryptocurrency market. If we follow in cryptocurrency market, we can see that OM price is remain best profitable level, before a month ago. So i believe that gradually OM price reach best profitable position in cryptocurrency market. So if we want to invest in this profitable crypto in cryptocurrency market, i think that it will be correct decision for us.
And they seem serious about what they are doing, and maybe I will just save a little bit of it and then hold it for a short-period of time when I see an exit profit that's all.
I've known about the OM token for a while, but I hadn't invested in it. It was among the top 100 coins on the market and was a promising investment option, so its collapse came as a huge shock to investors.Well, I don't think we need to have a negative outlook on all ALTs in the market. We still have very potential projects and necessary solutions for blockchain users now and in the future. The collapse of OM doesn't mean that all of ALTs become bad and dangerous.
For me, the most important lesson I've learned from all this is to never trust any token or project, no matter how strong and promising it appears, except Bitcoin. Another thing is that no matter how profound the analysis, a single event can completely change the course of the analysis. Here, we saw that the collapse occurred suddenly, contrary to all predictions and analyses.
The price movement of the OM token is attracting the attention of the crypto community, and I'd like to share my assessment through a dedicated topic for this token. And to reiterate, I'm not giving investment advice, that's not my responsibility. I welcome everyone perspectives.Thanks for sharing the history of Om, I did not knew the token made that much gains to its early investors as the gain is just too much, and now I don't even that surprised to hear it dumped this much, I mean it was already there at some point and still the token is doing good. I really liked your post, it was great +1.
Well, I don't think we need to have a negative outlook on all ALTs in the market. We still have very potential projects and necessary solutions for blockchain users now and in the future. The collapse of OM doesn't mean that all of ALTs become bad and dangerous.You're right. There's no need to cast a negative light on all altcoins because of what happened to OM, as the market has experienced similar, and perhaps more difficult, collapses like UST-LUNA and FTX. However, the market has recovered and rebounded.
Thanks for sharing the history of Om, I did not knew the token made that much gains to its early investors as the gain is just too much, and now I don't even that surprised to hear it dumped this much, I mean it was already there at some point and still the token is doing good. I really liked your post, it was great +1.OM has caught the community attention through its impressive price increase over a long period, and news about its 1-hour price collapse has also been covered by most crypto media. Compared to the price increase from the bottom, the price decrease is completely normal, but it happened too quickly and is related to a lack of transparency in the ecosystem.
I also never invested in it but I heard about it a lot, I did not invested because at that time it was very volatile. So, now is there any chance for it to make new ATH again, I think it is possible for it, because the team did not rug pulled, it was the liquidity, traders, investors who knew these technical indicators' importance.