OmiseGo Price Prediction
Best advise? Study these charts 📖
Today's ForecastsOmiseGo(OMG) opened trading today at $1.33. It achieved a Market high of $1.36 and a subsequent Market low of $1.26, Representing a change of $-0.01 and price percentage change of -0.75% . Its current Price is $1.32 representing a market share of 0.00% only.
A total volumn of $435,852 worth of OmiseGo traded hands today, achieving a Maximum Market Cap of $185,123,920 for the day.
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The Bull Case 🐃 for OmiseGo
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 $1.32.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of OmiseGo
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
OMG Trading Stats for Today - 2019-02-22 04:15:59 +00:00 GMT
|Current Supply||140,245,392 OMG|
|Total Supply||140,245,392 OMG|
|24h Volume (coin)||335,108 OMG|
|24h Volume (currency)||$435,852|
|Last updated||2019-02-22 04:15:59 +00:00 GMT|
Other Price Forecasts similar to OmiseGo(OMG) :
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 might be 4x by end of 2019. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
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. 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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OMG Live Prices Data
OmiseGo Daily Price History