Why is OHM crypto dropping?

OHM has been on a downtrend since November 2021 and is down more than 60% year-to-date. This price drop also meant that overleveraged OHM long positions went underwater causing a cascade of liquidations that ultimately led to further downward pressure on the token price.

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What is staked OHM?

Staking in Olympus is a profit distribution mechanism . It is designed to be the dominant strategy for participants; to stake, hold and compound. The primary aim of Olympus is to provide rewards to those who buy-in to OHM (the token of Olympus) and boost the value of the treasury.

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What are ohms worth?

OHM Price Statistics Olympus v2 Price$53.75Price Change24h$1.25 2.38%24h Low / 24h High$53.35 / $54.56Trading Volume24h$12,784,155.92 24.19%Volume / Market Cap0.143Olympus v2 price today, OHM to USD live, marketcap and chart coinmarketcap.com › currencies › olympus

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