Is OMG (finally) running out of gas?
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:
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:
There’s more of this Insight
Choose your subscription plan
Years of market experience, compressed in each report
Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.
Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.
Our previous TOP calls:WAVES crowd sentiment patternMATIC charts a new ATH: is the top in?ICX insanity. How far could it go?
What you get with Sanbase Pro:
- Members-only daily market insights and analysis
- 30+ on-chain, social & project indicators for 900 cryptocurrencies
- Custom alerts for the coins' price, on-chain & social trends
- Santiment Spreadsheet plugin with 10+ pre-made market templates
- Personalized asset watchlists and weekly performance reports
Gain unfair advantage with Sanbase Pro
Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!