OmiseGo Rises 200% Since Coinbase Listing Announced
Blockchain project's own coin, OmiseGo, has shown outstanding momentum in recent days. Since May 14, its rate has risen from $ 0.75 by 200% and peaked above $ 2.20.The growth was followed by the listing of the American exchange Coinbase. OMG got another boost on May 21 when Coinbase announced the addition of the coin to its retail portal and mobile app..
In mid-2017, OmiseGo held an ICO, raising $ 25 million. A month later, the project announced an airdrop for Ethereum holders, during which they had the opportunity to receive tokens for free. Against the background of the current growth in the exchange rate, some market participants began to remember that they could take part in this airdrop. “I think I have a few coins from the eyedrops lying around. They can cost a couple of shekels, ”writes analyst Maty Greenspan.
At the same time, OMG is now worth only a fraction of what it achieved at the peak of the market. The all-time high for this cryptocurrency was recorded on January 8, 2018 at $ 28.35.
In the past, crypto listings on Coinbase have often seen skyrocketing gains, but over time their impact has become minimal. Some observers believe that the current OMG growth was artificially caused and expect an imminent course correction..
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