OmiseGo Price PredictionsOmiseGo(OMG) opened trading today at $3.24. It achieved a Market high of $3.51 and a subsequent Market low of $3.12, Representing a change of $0.03 and price percentage change of 0.93% . Its current Price is $3.27 representing a market share of 0.15% only.
A total volumn of $2,098,883 worth of OmiseGo traded hands today, achieving a Maximum Mkt Cap of $458,602,464 for the day.
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Many people are looking to invest in digital assets (including OmiseGo) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for OmiseGo as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, OmiseGo has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
OmiseGo is currently trading around $3.27. The forecast for the OmiseGo cryptocurrency by the end of year 2018 is around $3.51 x 4. This is because following the previous highs of the Crypto market, a 4x bullrun is expected for the cryptomarket in 2018 according to our Technoical analysis. A bullrun crypto market lifts all boats and is likely to produce good returns especially for strong coins. (Read our information below on OmiseGo to know its strength).
Furthermore, the five-year forecast for OmiseGo is around $3.51 x 10 at the minimum. Thus, even if you’re just looking to invest for a one-year period, you would be able to make a significant amount of return. On the other hand, even if you’re looking to invest for 5 years, the investment return which you can get from these levels is enormous.
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Detailed OMG Price Predictions Videos:
OmiseGo Fundamental Analysis
OmiseGo FA Videos
Watch someone smart explain what OmiseGo is and the problem it aims to solve. This should help you make an informed decision to invest or not..
OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.
Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.Visit website open_in_new
OmiseGo(OMG) Daily Trading
|Current Supply||140,245,392 OMG|
|Total Supply||140,245,392 OMG|
|24h Volume (coin)||639,135 OMG|
|24h Volume (currency)||$2,098,883|
|Last updated||2018-10-16 06:46:18 +01:00 BST|
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Common OMG Price Prediction Questions
What is OmiseGo’s potential future value?
OMG's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what OmiseGo is and what it does. This is because OmiseGo's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can OMG make you one?
What is going on with OmiseGo's price?
In order not to be too rattled, read our Fundamental analysis above on OmiseGo to know if it’s a good hodl.
How high will OmiseGo go?
No one really knows for sure. We however predict OMG will be 4x by end of 2018.
Why is OmiseGo(OMG) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of OmiseGo to see its expected value. You can also visit OmiseGo's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The OmiseGo website page will quickly provide you with that value.
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Why is OmiseGo's price going down?
It’s difficult to tell right now as the daily OMG candle hasn’t closed. Hopefully it closes above its 200EMA and signifies a reversal. However a quick way to know the reason for any sudden disruption in OmiseGo's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for OmiseGo, Simple click the Social Button on this page, located immediately below the Price Charts.
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