Analyzing the OM price collapse (2025.04.17)

[MrSpasybo]

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.

First off, OM is a well-known token in the crypto market, ranking in the top 100 on Coinmarketcap with a current market cap of around $660M. During the 2021 cycle, I also heard about it but never invested. My analysis is solely based on the price chart, I haven't looked at OM total and circulating supply.

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.

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.

From a technical analysis perspective, $9 is a price zone around Fibo 1.618, meaning the upward wave amplitude was 168% of the previous downward wave amplitude. Traders who rely on Fibonacci know that this is a price area to be cautious of any reversal signals.

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.

It's easy to postdict after everything has happened, I have no intention of showing off my ego. I just want to point out a serious analysis so we can discuss and learn together, to take advantage of other opportunities in the future. The crypto market has hundreds of potential tokens for us to analyze, choose, and trade.

[KryptoBull]

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.

Most investors probably aren't capable of doing in-depth analysis, you know? They just tend to buy based on trends and sell when news comes out. If you had provided this analysis to them earlier, that would have been fantastic!

[TomPluz]

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.

[Mr. Magkaisa]

         -     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.

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.

[MrSpasybo]

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!

From a technical analysis perspective, we can see that everything was designed from the start: the correction occurred at Fibo 1.618, which was no coincidence, it's a sensitive price area for investors. Whales had a team of manipulators skilled in technical analysis ^^

Regarding RWA, Tether is succeeding with USDT, and many new stablecoins are emerging. They are the most popular projects in this trend and have become an indispensable part of the crypto market. Investing in RWA projects can still yield profits in the bullrun, as long as investors avoid unsustainable projects like MantraDao.

[Themepen]

         -     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.

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.

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.

Your idea to invest small amount of money and keep it for short time hoping to make quick profit is something a lot of people do in cryptocurrency market. It is good that you have idea of when you want to sell. Keep in mind that price of cryptocurrencies can change quickly. While you might make profit quickly there is also chance that price go down too. So it will be important to watch market closely and see what OM team does next to help you decide when to sell.

[LogitechMouse]

---
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.
---
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.
---

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?"

The project really followed the trend which is around AI and RWA which made them successful and pushed its price to as high as 9$ before it goes down again for the 2nd time.

         -     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?

Is the token a good token to buy? It might be, but I would suggest doing more research about this one and if you want to buy it, buy during the bear market.

[yhiaali3]

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.

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.

[Azharul]

         -     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.

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.

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.

[MrSpasybo]

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.

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.

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.

I believe that if the crypto experts cared about OM, they could have gone deeper into analyzing and seen its risky weaknesses to advise the team and warn the community. It's a pity they didn't pay attention to OM. In the UST-LUNA incident, I also shared with my community about its unsustainable nature and the risks in its operating model because at that time UST had a large cap and LUNA became one of the famous top coins in the entire market. This time I didn't analyze OM operating model, simply because it wasn't in my portfolio. I only paid attention to price fluctuations and important Fibo levels.

[Faisal2202]

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.

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.

[yhiaali3]

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.

What I meant in general by my statement is that I won't give full confidence to long-term investments with large sums except for Bitcoin, because altcoin projects, no matter how strong they appear, can one day collapse, while Bitcoin has proven to be a reliable asset that grows over time.

[BitMaxz]

I knew OM before, I think around 2021, but I wasn't interested at that time because I didn't see any potential.
However, after checking this current price action the price started to surge around January 2024 and reached $9 in January, then suddenly dropped.

The weird part is, from a $9 drop to $0.5, it is more likely a rug pull. How is this possible?
I don't see any bad news about them, but the drop is massive. What I see here the developers of Manta seems holding a large amount of them and then suddenly sold their holdings and then exited.

I search a bit, and it seems that most people say that this coin is a scam. I can't blame them because I saw the same thing.

[MrSpasybo]

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.

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.

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.

The possibility of creating a new ATH is still entirely feasible for OM, because we all know that investors forget very quickly and only focus on profits, not the ethics of the token. Assuming MantraDAO takes more appropriate actions and the project receives backing from many large investment funds, investor confidence could be rebuilt, and the inflow of capital will push the OM price to $10 in the next few months. We will wait to see the results, personally, I will not risk my capital on a token involved in this drama ^^