OM Token’s 90% Crash Highlights Centralization Risks: Is SUBBD Token the Decentralized Future?

Source Bitcoinist

After cruising along at a fairly stable range, north of $6 per token, $OM – a top-100 token – plunged over 90%.

A token that had weathered much of the past month’s turmoil was undone by too much centralization, with token liquidations prompting the sudden collapse.

What happened to the $OM token? And how does the new crypto SUBBD Token ($SUBBD) avoid the same problem?

Centralized Exchange Liquidations Lead to OM Token’s Collapse

On April 13, MANTRA’s $OM token experienced a dramatic 90% drop, attributed to forced liquidations by centralized exchanges during low-liquidity hours.

OM Token 90% drop

John Patrick Mullin, CEO of MANTRA, stated that ‘reckless forced closures’ on centralized exchanges caused the OM token’s sharp decline.

He emphasized that neither the MANTRA team nor its investors were responsible, noting that all tokens remain locked per their vesting schedules.

The crash occurred during low-liquidity hours on a Sunday evening UTC, raising questions about the timing and discretion exercised by these exchanges.

While centralizing exchanges are critical partners for the success of projects like MANTRA, they operate with little accountability.

The incident has sparked a broader conversation about the need for decentralized solutions and underscores the systemic risks associated with centralized platforms.

Could decentralized, AI-powered platforms like SUBBD Token offer a more resilient alternative?

As Mullin responded in an X statement:

‘When discretionary powers are exercised without due internal and external oversight, dislocations like what recently happened can and will occur, hurting both projects and investors alike.’

For smaller platforms to succeed, decentralization needs to be an essential part.

SUBBD Token: A Decentralized, AI-Powered Platform for Creators and Fans

MANTRA exists to provide real-world-asset solutions with top-level security. SUBBD Token ($SUBBD) exists to empower digital content creators with advanced AI tools and new ways to interact with fans and with the blockchain itself.

Crucially, SUBBD prioritizes decentralization.

SUBBD eliminates intermediaries between content creators and fans, giving them full control, while the project’s strategic tokenomics model prevents the team from dumping tokens.

The ongoing presale gives investors a way to participate in one of the best new crypto projects directly, long before the $SUBBD token appears on any centralized exchanges.

$SUBBD token holders are at the heart of the SUBBD decentralized economy. Token benefits include:

  • Access to premium, AI-enhanced content curated by top influencers.
  • Staking rewards at a fixed 20% APY for the first year.
  • Platform discounts on subscriptions and content purchases.
  • AI-driven tools for content generation, including voice notes and video editing.

Like MANTRA, SUBBD Token carefully allocates its 1B token supply to avoid sudden disruptions.

SUBBD Tokenomics

With interest in the project growing, the SUBBD Token presale has already raised over $162K. Tokens are priced at $0.05515, set to increase steadily as the presale progresses. The project is poised to join the ranks of best AI coins set for growth in 2025, so now is the best time to buy $SUBBD as price predictions target $0.3 by year-end.

Visit the SUBBD Token presale page to learn more.

SUBBD Token Stands Out for Decentralization

What MANTRA does for RWAs, SUBBD will do for the $85B content creation market – only better.

The OM token incident highlighted the fragility of centralized systems. SUBBD Token’s decentralized approach offers a compelling alternative, especially for the large and growing subscription-based content industry.

Disrupting an $85B market

By integrating AI and blockchain technology, SUBBD provides a platform where creators maintain control over their content and revenue streams.

However, never accept someone else’s analysis without doing your own research. Crypto is notoriously volatile, as MANTRA learned painfully in recent days.

The crypto community requires resilient and decentralized solutions to minimize the risk of drastic token devaluations like the one that impacted $OM. Despite market fluctuations, the best crypto to buy now are the ones that provide innovative answers to current problems.

SUBBD Token positions itself as a forward-thinking platform that addresses the shortcomings of centralized exchanges and platforms.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum Price at Risk of Extended Decline as Bears Regain ControlEthereum price started a downside correction below the $1,850 zone. ETH is now consolidating and might drop further below the $1,785 support zone.
Author  NewsBTC
May 06, Tue
Ethereum price started a downside correction below the $1,850 zone. ETH is now consolidating and might drop further below the $1,785 support zone.
placeholder
Solana (SOL) Faces Continued Downside Risk—More Losses LikelySolana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
Author  NewsBTC
May 06, Tue
Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
placeholder
XRP Price Dips Further: Key Support Levels In JeopardyXRP price started a downside correction below the $2.20 zone. The price is now declining and might extend losses toward the $2.020 level. XRP price started a fresh decline below the $2.20 zone.
Author  NewsBTC
May 06, Tue
XRP price started a downside correction below the $2.20 zone. The price is now declining and might extend losses toward the $2.020 level. XRP price started a fresh decline below the $2.20 zone.
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
Yesterday 01: 34
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Regains Traction—Can Bulls Break Through the Barrier?Ethereum price started a downside correction and tested the $1,750 zone. ETH is now rising and attempting a move above the $1,850 resistance.
Author  NewsBTC
Yesterday 03: 31
Ethereum price started a downside correction and tested the $1,750 zone. ETH is now rising and attempting a move above the $1,850 resistance.
goTop
quote