The original OM token collapsed from $7 to $0.30. Despite promises, the team reissued the token at a 1:4 ratio, and the new token dropped from $0.024 to $0.01381. Users should be aware of extreme price volatility, unfulfilled commitments, and verify LP locks, ownership, and contract permissions before interacting.
Risk Brief · high evidence level
Report #001 — OM Token Collapse & Reissuance Risk
The original OM token collapsed from $7 to $0.30. Despite promises, the team reissued the token at a 1:4 ratio, and the new token dropped from $0.024 to $0.01381. Users should be aware of extreme price volatility, unfulfilled commitments, and verify LP locks, ownership, and…