咒語（OM）項目暴露於操縱交易量和流動性

由於該項目的行動與誤導性的投資者聯繫在一起，並給人帶來了錯誤的印象，因此這一爭議引起了加密貨幣社區的重大關注。

In a surprising turn of events, Mantra (OM) has found itself facing serious allegations of manipulating its trading volume and liquidity to artificially inflate its market cap ranking. This controversy has sparked significant concerns among investors and regulators alike.

令人驚訝的是，咒語（OM）發現自己面臨著嚴重的指控，即操縱其交易量和流動性，以人為地膨脹其市值排名。這一爭議引起了投資者和監管機構的重大關注。

The Cutting-Edge Tech Angle

尖端的技術角度

Mantra is a blockchain project that claims to be developing innovative solutions in the Web3 space. The project’s website highlights its focus on decentralized finance (DeFi), aiming to provide advanced financial products and services within the crypto ecosystem.

Mantra是一個區塊鏈項目，聲稱正在Web3領域開發創新的解決方案。該項目的網站重點介紹了其專注於分散財務（DEFI），旨在在加密生態系統內提供先進的金融產品和服務。

The project’s technology and vision have gained attention in the fast-moving Web3 domain, known for its rapid integration of new technologies and concepts.

該項目的技術和願景在快速移動的Web3域上引起了人們的關注，該域以其新技術和概念的快速整合而聞名。

The Allegations of Market Manipulation

市場操縱的指控

A recent episode of The Chopping Block podcast brought to light serious allegations of market manipulation involving Mantra.

最近的《切碎塊播客》（Copping Block Podcast）的一集引起了人們對涉及咒語的市場操縱的嚴重指控。

According to the podcast, Mantra and its partnered market makers engaged in a scheme to fake liquidity and trading activity using controlled wallets and exchanges. This manipulation involved circulating OM tokens between a handful of wallets to simulate active trading, despite less than 1% of the total OM tokens being available for actual trading.

根據播客的說法，Mantra及其合作的做市商使用受控錢包和交易所進行了偽造流動性和交易活動的計劃。這種操作涉及在少數錢包之間循環OM令牌以模擬主動交易，儘管不到總OM令牌可用於實際交易的總額中的1％。

The Impact on Investors and Platforms

對投資者和平台的影響

As a result of this alleged activity, the OM token appeared to be a top-25 coin by market cap, even though there was little real liquidity behind it. This created a misleading image of strong demand and substantial market activity, which fooled both investors and tracking platforms.

由於這項據稱的活動，OM令牌似乎是市場上限的前25枚硬幣，儘管其背後幾乎沒有真正的流動性。這創造了強勁需求和實質性市場活動的誤導形象，這欺騙了投資者和跟踪平台。

However, when a large holder tried to sell their OM tokens, the price crashed by 90% in just 90 minutes due to the shallow liquidity, shattering the illusion that had been built up over time. This event exposed the shallow liquidity and manipulated volume behind the scenes.

但是，當一個大型持有人試圖出售其OM令牌時，由於流動性的淺水流動性，價格在短短90分鐘內跌落了90％，破壞了隨著時間的推移而建立的幻想。該事件暴露了幕後的淺流動性和操縱量。

How the Manipulation Was Allegedly Possible

據稱如何進行操作

This manipulation reportedly slipped through the cracks of data reporting systems used by major platforms like CoinMarketCap and CoinGecko, which often rely on self-reported data from exchanges and projects. These platforms did not appear to detect the shallow liquidity or massively inflated trading volume, allowing the scheme to continue until the massive price drop.

據報導，這種操縱在CoinMarketCap和Coingecko等主要平台所使用的數據報告系統的裂縫中滑落，它們通常依賴於交流和項目中的自我報告的數據。這些平台似乎沒有檢測到淺流動性或大規模膨脹的交易量，從而使該計劃繼續進行直至大幅下降。

Key Concerns Over Transparency and Regulation

透明和監管的關鍵問題

The revelations have sparked a series of concerns among investors, regulators, and the broader crypto community:

這些啟示引發了投資者，監管機構和更廣泛的加密社區的一系列關注：

* Lack of Transparency: The alleged actions of Mantra raise serious concerns over transparency in the crypto space. Investors and regulators are increasingly calling for greater visibility into projects' activities and financial dealings.

*缺乏透明度：所謂的咒語行動引起了對加密貨幣空間中透明度的嚴重關注。投資者和監管機構越來越多地呼籲對項目的活動和財務交易提高可見性。

* Deceptive Practices: Such market manipulation schemes can deceive investors into making irrational investment decisions.

*欺騙性實踐：這種市場操縱計劃可以欺騙投資者做出非理性的投資決策。

* Impact on Market Integrity: This incident underscores the importance of maintaining the integrity of crypto markets and preventing fraudulent or misleading practices.

*對市場完整性的影響：這一事件強調了維持加密貨幣市場完整性並防止欺詐或誤導性實踐的重要性。

* Regulatory Scrutiny: As the crypto industry matures, there are growing calls for clearer regulations to govern the industry and protect investors from scams or illegal activities.

*監管審查：隨著加密貨幣行業的成熟，越來越多的呼籲要求更清晰的法規管理該行業並保護投資者免受騙局或非法活動。

Proposed Solutions to Prevent Future Manipulation

提議的解決方案以防止將來操縱

Several solutions are being discussed to address such market manipulation schemes in the future:

正在討論幾種解決方案以解決此類市場操縱計劃：

* Mandatory Reporting of Liquidity: Requiring projects to report their total liquidity on platforms like CoinMarketCap and CoinGecko could help investors assess the real tradable supply of a token.

*強制性報告流動性：要求項目在CoinMarketCap和Coingecko等平台上報告其總流動性可以幫助投資者評估代幣的實際可交易供應。

* Transparency from Market Makers: Market makers could be required to disclose their trading activity and market-making strategies to increase transparency in market movements.

*做市商的透明度：可能需要做市商披露其交易活動和營銷策略，以提高市場變動的透明度。

* Detection of Artificially Inflated Volume: Platforms could implement algorithms or systems to detect and flag instances of unusually high trading volume that might indicate manipulation.

*人為膨脹的量檢測：平台可以實施算法或系統來檢測和標記可能表明操縱的異常高的交易量實例。

The Challenge Ahead

未來的挑戰

While these solutions may help prevent future manipulation, there are significant challenges ahead. For one, market makers may resist full transparency regarding their trading activities, as it could expose their strategies and business operations.

儘管這些解決方案可能有助於防止未來的操縱，但未來挑戰也存在重大挑戰。首先，做市商可以抵制其交易活動的完全透明度，因為它可以揭示其策略和業務運營。

Moreover, without clear regulations, enforcing these changes could result in inconsistent implementation across various platforms, leaving some exchanges or projects still vulnerable to manipulation.

此外，如果沒有明確的法規，執行這些更改可能會導致各個平台的實施不一致，從而使一些交流或項目仍然容易受到操縱。

As the crypto industry continues to evolve, these developments highlight the pressing need for better transparency and clearer regulations to safeguard investors and maintain the integrity of the market. The Mantra (OM) controversy serves as a stark reminder of the risks that can arise when trading volumes and liquidity are manipulated for market positioning.

隨著加密行業的不斷發展，這些事態發展突出了對更好的透明度和更清晰的法規的緊迫需求，以維護投資者並保持市場的完整性。咒語（OM）爭議明顯地提醒人們，在交易量和流動性被操縱以進行市場定位時可能出現的風險。