Is OMG (finally) running out of gas?

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Ibis
Aug 21, 2020

OmiseGo’s native token (OMG) has been by far the best performing cryptocurrency over the past week, and we have yet to see it pump on the brakes.


In a week where the collective crypto market cap grew by a paltry 1.1%, OMG managed to buck the market-wide trend and gain a ridiculous +219.8% in the past 7 days, as well as +62% in the last 24 hours alone:

Price of OMG, YTD (Source: Sanbase)

At the time of writing, the OmiseGo coin is trading at a 2-year high $5.44, and has developed into one of the biggest talking points within the crypto community. Throughout most of today, OMG has sat atop of our list of the top emerging topics in crypto, based on text data from over 1000 social media channels:

OMG claims the #1 spot on today's list of

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Assets from this insight

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OMG NetworkOMG

$ 3.09

5.65%in last 7d
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