Discover how the Mantra token price drop resulted in a 7000% surge in leveraged trading volume. Learn about the risks and profitability of derivative markets in volatile market conditions.
Simultaneously with a significant drop in the price of OM token belonging to the Mantra platform, its leveraged trading volume surged by 7000%. This sudden increase was due to traders’ inclination to capitalize on market volatility for profit. The OM token, a crucial part of the Mantra ecosystem, experienced a 90% price decrease amidst the general turmoil in the digital currency market. This decline prompted many investors to flock to derivative markets for hedging or speculation. Experts have warned that such extreme fluctuations can pose significant risks for retail traders. However, this event underscores the prominent role of derivative tools in risk management and profitability during unstable market conditions.
