One of the currencies a lot of people are interested in is OmiseGO. More specifically, the OmiseGO price is surging as of right now, as it has surpassed the $20 mark once again. Similar to most other cryptocurrencies and digital assets, the year 2018 has been a mixed bag for OmiseGO so far. After last year’s insane gains – which pushed the OmiseGO price all the way to nearly $26, things have fallen apart in the early weeks of 2018. More specifically, we have seen the OmiseGO price drop down all the way to $8.12 in quick succession, which is never a good sign.
Website: https://omisego.network/
Coinmarketcap: https://coinmarketcap.com/currencies/omisego/
Buy from Koinex: https://goo.gl/TkFZiD
Buy from Binance: https://goo.gl/dKQGPu
Binance is the largest exchange for trading OmiseGO as of right now. Its OMG/BTC pair is well ahead of Upbit’s OMG/KRW and Ethfinex’s OMG/USD pairs. Bittrex and Huobi complete the top five, followed by Binance’s ETH market for OmiseGO. It seems there is no real arbitrage opportunity between these trading platforms as of right now, even though there are small differences to take advantage of for those willing to take the risk.
One golden rule in cryptocurrency is how every dip presents a new buying opportunity for investors and speculators. Thanks to a solid 6.89% gain in USD value, the OmiseGO price is slowly surging back to its previous levels. With OmiseGO rising across the board, it will be interesting to see how high the price can go before the momentum turns around. After all, volatility is still a very big threat in the world of cryptocurrency right now, and that situation will not change anytime soon either.
OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies.
Founded in 2013, Omise is a venture-backed payments company operating in Thailand, Japan, Singapore, and Indonesia, with rapid expansion plans to neighboring countries across Asia-Pacific. In November 2016, Omise was featured on Forbes as Fintech Rockstar.
The way things look right now, it is evident the OmiseGO price may very well gain a few more dollars during the day. At the same time, the overall cryptocurrency market sentiment is still a bit bearish. Whether or not OMG can escape this vortex moving forward, is a question no one can really answer right now. With a value of $20, the OmiseGO price is in a good place right now, but maintaining this positive trend will not be easy.
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