咒语（OM）令牌崩溃：54亿美元的市场价值消灭

在发生意外的事件中，加密货币世界被咒语（OM）令牌的崩溃所震惊，消除了惊人的54亿美元

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.

在令人惊讶的事件中，使加密货币界敬畏的世界变得震惊，咒语（OM）代币崩溃了，在短短几个小时内就消除了54亿美元的市场价值。

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.

这种突然而急剧的价格下降了，与2022年臭名昭著的Terra Luna崩溃进行了比较，引发了投资者的恐慌，并提出了有关加密货币市场稳定性的紧迫问题。

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.

坠机事故于2025年4月13日展开，使社区感到震惊，并促使专家重新考虑投资高度集中的代币的风险。

A Sudden Price Plunge Triggers Panic

突然的价格暴跌引发了恐慌

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的价值从稳定的价格稳定下降到几乎毫无价值的0.57美元，价值下降了98％。这种快速崩溃从代币的市值中删除了超过54亿美元，从而通过加密货币空间引发了冲击波。

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.

这种大规模下降主要是由大量售罄引发的，与Mantra项目有关的钱包在OKX Exchange上倾销了390万个OM令牌，从而创造了市场无法应付的压倒性供应。

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.

崩溃的速度使许多投资者措手不及，导致了广泛的恐慌，并迅速退出了该项目。随着OM的价格崩溃，许多交易者急于出售其持股，进一步推动了价格，并引发了级联效应，这使得更加恐慌销售。结果是经典的市场崩溃，恐惧和不确定性加剧了损害。

Allegations of Insider Manipulation and Centralized Control

内幕操纵和集中控制的指控

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.

咒语（OM）代币崩溃的最令人不安的方面之一是该项目的极端集中化。据报道，咒语团队本身控制着多达90％的OM令牌供应，这引起了人们对市场操纵的怀疑。

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.

除了担心集中化外，还出现了指控，指控一个被称为“卡巴尔团队”的内部人群在触发坠机事故的庞大令牌垃圾场中发挥了关键作用。

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.

这些指控进一步使情况变得复杂，这表明该项目的结构和管理层更深入。批评家声称，集中控制使团队能够操纵市场，这可能会降低投资者的信心，并成为其他具有相似结构的加密货币项目的警示故事。

Community Fallout and Market Sentiment

社区后果和市场情绪

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.

撞车事故发生后，咒语DAO社区的反应及其领导能力并不是最佳选择。官方渠道基本上保持沉默，该项目的电报小组将其门关闭给新成员，而首席执行官未能对不断发展的事件发表任何评论。

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.

这种缺乏透明度使投资者感到被遗弃和出卖，这加剧了由于突然损失投资而造成的现有困扰。社区的挫败感是显而易见的，许多人要求答案。

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.

从市场的角度来看，短期OM的技术指标不能很好地兆头。相对强度指数（RSI）是一种用于衡量市场情绪的工具，已急剧下降，表明市场力量失衡。

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，凭借最少的买家利息，没有团队的明确沟通，OM可能会遭受巨大的销售压力，直到解决情况（如果有的话）为止。