咒語（OM）令牌崩潰：54億美元的市場價值消滅

在發生意外的事件中，加密貨幣世界被咒語（OM）令牌的崩潰所震驚，消除了驚人的54億美元

In a surprising turn of events that has left the cryptocurrency world in awe, the Mantra (OM) token has collapsed, wiping out a staggering $5.4 billion in market value in just a matter of hours.

在令人驚訝的事件中，使加密貨幣界敬畏的世界變得震驚，咒語（OM）代幣崩潰了，在短短幾個小時內就消除了54億美元的市場價值。

This sudden and drastic price drop has drawn concerning comparisons to the infamous Terra LUNA crash of 2022, spurring panic among investors and raising pressing questions about the stability of the cryptocurrency market.

這種突然而急劇的價格下降了，與2022年臭名昭著的Terra Luna崩潰進行了比較，引發了投資者的恐慌，並提出了有關加密貨幣市場穩定性的緊迫問題。

The crash, which unfolded on April 13, 2025, has left the community in shock and prompted experts to reconsider the risks of investing in highly centralized tokens.

墜機事故於2025年4月13日展開，使社區感到震驚，並促使專家重新考慮投資高度集中的代幣的風險。

A Sudden Price Plunge Triggers Panic

突然的價格暴跌引發了恐慌

On April 13, 2025, OM's value plunged from a stable price of $6 to an almost worthless $0.57, rendering a 98% decline in value. This rapid collapse erased more than $5.4 billion from the token's market capitalization, sending shockwaves through the cryptocurrency space.

2025年4月13日，OM的價值從穩定的價格穩定下降到幾乎毫無價值的0.57美元，價值下降了98％。這種快速崩潰從代幣的市值中刪除了超過54億美元，從而通過加密貨幣空間引發了衝擊波。

This massive drop was largely triggered by a massive sell-off, with a wallet tied to the Mantra project dumping 3.9 million OM tokens on the OKX exchange, creating an overwhelming supply that the market couldn't handle.

這種大規模下降主要是由大量售罄引發的，與Mantra項目有關的錢包在OKX Exchange上傾銷了390萬個OM令牌，從而創造了市場無法應付的壓倒性供應。

The speed of the collapse caught many investors off guard, leading to widespread panic and a rapid exit from the project. As the price of OM crashed, many traders rushed to sell their holdings, further driving the price down and triggering a cascade effect that saw even more panic selling. The result was a classic market meltdown, where fear and uncertainty compounded the damage.

崩潰的速度使許多投資者措手不及，導致了廣泛的恐慌，並迅速退出了該項目。隨著OM的價格崩潰，許多交易者急於出售其持股，進一步推動了價格，並引發了級聯效應，這使得更加恐慌銷售。結果是經典的市場崩潰，恐懼和不確定性加劇了損害。

Allegations of Insider Manipulation and Centralized Control

內幕操縱和集中控制的指控

One of the most troubling aspects of the Mantra (OM) token collapse is the project's extreme centralization. According to reports, the Mantra team itself holds control over up to 90% of the OM token supply, which has fueled suspicions of market manipulation.

咒語（OM）代幣崩潰的最令人不安的方面之一是該項目的極端集中化。據報導，咒語團隊本身控制著多達90％的OM令牌供應，這引起了人們對市場操縱的懷疑。

In addition to concerns about centralization, accusations have emerged alleging that an insider group, known as the "Kabal team," played a pivotal role in the massive token dump that triggered the crash.

除了擔心集中化外，還出現了指控，指控一個被稱為“卡巴爾團隊”的內部人群在觸發墜機事故的龐大令牌垃圾場中發揮了關鍵作用。

These allegations further complicate the situation, pointing to a deeper issue with the project's structure and management. Critics claim that the centralized control gives the team the ability to manipulate the market, which could diminish investor confidence and serve as a cautionary tale for other cryptocurrency projects with similar structures.

這些指控進一步使情況變得複雜，這表明該項目的結構和管理層更深入。批評家聲稱，集中控制使團隊能夠操縱市場，這可能會降低投資者的信心，並成為其他具有相似結構的加密貨幣項目的警示故事。

Community Fallout and Market Sentiment

社區後果和市場情緒

Following the crash, the response from the Mantra DAO community and its leadership has been less than optimal. Official channels have remained largely silent, with the project's Telegram group closing its doors to new members and the CEO failing to provide any comment on the unfolding events.

撞車事故發生後，咒語DAO社區的反應及其領導能力並不是最佳選擇。官方渠道基本上保持沉默，該項目的電報小組將其門關閉給新成員，而首席執行官未能對不斷發展的事件發表任何評論。

This lack of transparency has left investors feeling abandoned and betrayed, adding to the existing distress caused by the sudden loss of investments. The community's frustration is evident, and many are demanding answers.

這種缺乏透明度使投資者感到被遺棄和出賣，這加劇了由於突然損失投資而造成的現有困擾。社區的挫敗感是顯而易見的，許多人要求答案。

From a market standpoint, technical indicators do not bode well for OM in the short term. The Relative Strength Index (RSI), a tool used to gauge market sentiment, has dropped sharply, indicating an imbalance in market forces.

從市場的角度來看，短期OM的技術指標不能很好地兆頭。相對強度指數（RSI）是一種用於衡量市場情緒的工具，已急劇下降，表明市場力量失衡。

Moreover, with minimal buyer interest and no clear communication from the team, OM is likely to remain subject to significant selling pressure until the situation is addressed, if at all.

此外，憑藉最少的買家利息，沒有團隊的明確溝通，OM可能會遭受巨大的銷售壓力，直到解決情況（如果有的話）為止。