On January 7-8 analysts noticed OmiseGo (OMG) increase by 28.62%

January 8, 2018 - By olga

OmiseGo (OMG) had a good 24 hours as the crypto jumped $5.73 or 28.62% trading at $25.75. According to Global Cryptocoin Analysts, OmiseGo (OMG) eyes $28.33 target on the road to $72.09. OMG last traded at Bitfinex exchange. It had high of $28.50 and low of $19.76 for January 7-8. The open was $20.02.
Exchange Buy Sell OMG At Best Rate

BUY – SELL – EXCHANGE OmiseGo (OMG) AT BEST RATE About 2.57 million OMG worth $61.41M traded hands.

OmiseGo (OMG) is up 206.91% in the last 30 days from $8.39 per coin. Its up 153.69% in the last 100 days since when traded at $10.15 and the annual trend is up. 200 days ago OMG traded at $0.00. OMG has 140.25 million coins mined giving it $3.61B market cap. OmiseGo maximum coins available are 140.25M. OMG uses algorithm and PoS proof type. It was started on 23/06/2017.

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.

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