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OMG Overview

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Intellectia
24H High
0.38700000
24H Low
0.37000000
24H Volume
1.80M
24H Volatility
4.59%
All Time High
20.100
All Time Low
0.0788
Correlation with BTC
0.00
Return On Investment
-95.44%
Market Cap
0.00
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
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Official WebsiteBlock ExplorerWhitepaper

Social Media Sentiment

Bullish
Bullish
0 Bullish
0 Neutral
0 Bearish
The current sentiment of OMG on social media as of May 4, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding OMG's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
The current sentiment of OMG on social media as of May 4, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding OMG's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
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Social Media Posts

No social media posts available

Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

$0-$1K99.86%
$1K+0.01%
$1k-$100K+0.13%

Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

Cruisers1.26%
Holders98.67%
Traders0.07%

Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

Others42.54%
Whales57.46%

Wallet addresses by amount held in USD

$0-$1K99.86%
$1K+0.01%
$1k-$100K+0.13%

Similar Coins to OMG

No data

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Whitepaper Summary

No overview available

News

Coinmarketcap
2.0
02:12 AMCoinmarketcap
Dormant Bitcoin Wallet Transfers 141.26 BTC to Kraken After Two Years
  • Dormant Wallet Transfer: A Bitcoin wallet inactive for approximately two years transferred 141.26 BTC to the Kraken exchange, drawing attention from on-chain watchers, suggesting a potential shift in holder strategy.
  • Transfer Nature Analysis: While the transfer to an exchange address does not confirm a sale, the funds could be quickly sold or used for other purposes once on the trading platform, reflecting market participants' keen interest in on-chain activities.
  • Market Signal Interpretation: Reactivations of dormant wallets are often seen as signals of changing holder intent, especially when long-held funds suddenly flow into exchanges, potentially indicating selling pressure or portfolio rebalancing.
  • Follow-Up Observation Focus: Market participants will closely monitor whether the same wallet initiates further transfers and assess Kraken's order book depth and subsequent sell-side volume to gauge the market impact and the holder's true intentions.
Coinmarketcap
5.0
02:12 AMCoinmarketcap
The Ethical Debate of Nation-State Support for Bitcoin
  • Ethical Dilemma of State Support: Bitcoin pioneer Adam Back raised a critical question in a recent interview about whether nation-state endorsement of Bitcoin contradicts its decentralized ethos, sparking extensive debate within the Bitcoin community, especially as multiple governments begin to establish Bitcoin reserves.
  • Challenge to Decentralization Principles: Bitcoin's whitepaper explicitly designed a network that operates without reliance on central authorities, and state endorsement may challenge this decentralization principle, forcing the community to reassess what decentralization truly means in practice.
  • Legitimacy and Broader Acceptance: State support provides a legitimacy signal that attracts institutional investors to the asset class, particularly evident in smaller economies, where this dynamic has already shown positive effects on regulatory clarity and public perception.
  • Market Influence and Philosophical Concerns: If nation-states accumulate large Bitcoin holdings, they can influence the network's economic dynamics without controlling the protocol, potentially transforming Bitcoin from a tool of financial sovereignty into an instrument of government policy, a shift viewed by some community members as fundamentally incompatible with Bitcoin's origins.
Coinmarketcap
5.0
02:12 AMCoinmarketcap
Bitcoin Recovery Slows: Analyst Warns of Dangerous Trap Ahead
  • Slowing Recovery: Analyst Jason Pizzino highlights that Bitcoin's recovery time after sharp declines has extended from 2 weeks to 12 weeks, indicating weakening buying pressure that could jeopardize the current bull market's health.
  • Cautious Market Sentiment: Pizzino emphasizes that market sentiment remains cautious, with trading volume below historical peaks, suggesting muted institutional participation and significantly increased risks for investors buying before a confirmed bottom.
  • Key Metrics Monitoring: To confirm a sustainable Bitcoin recovery, traders should monitor changes in trading volume, market sentiment, and liquidity; currently, these indicators show mixed signals, further increasing market uncertainty.
  • Macroeconomic Impact: The slowing Bitcoin recovery occurs against a backdrop of heightened global economic uncertainty, including high interest rates and regulatory pressures, which collectively contribute to a cautious attitude among market participants and extend recovery periods.
Coinmarketcap
7.0
02:12 AMCoinmarketcap
Bisq Protocol Attack Results in 11 BTC Theft, Compensation Plan Underway
  • Incident Overview: The Bisq decentralized Bitcoin trading protocol suffered a targeted exploit that resulted in approximately 11 BTC being stolen from active offers, prompting an immediate trading halt by the development team to investigate, highlighting vulnerabilities in the protocol's security.
  • User Impact Analysis: The incident directly affected individual traders with active offers, as Bisq lacks a central treasury to absorb losses like centralized exchanges, and the trading halt disrupted all users' ability to execute trades, causing broader operational disruptions.
  • Compensation Plan Discussion: The Bisq community is currently discussing a compensation framework; however, due to its decentralized autonomous organization structure, any compensation plan must go through community governance processes, meaning affected users cannot expect immediate payouts.
  • Market Signals and Future Outlook: This incident may prompt renewed scrutiny of the security of decentralized trading platforms, particularly regarding transaction fee validation logic, as market sentiment towards Bitcoin remains fragile, underscoring the critical importance of protocol-level trust.

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Frequently Asked Questions

What is price prediction 2025 for OMG Crypto?

OMG Crypto is predicted to trade between $0.15 and $0.30 in 2025. The price will likely be impacted by the Binance token conversion announcement, which has already caused significant market volatility. OMG Network's role as a layer-2 solution for Ethereum may provide some upside, but the delisting and conversion risks are expected to dominate near-term price action.

What is surpport and resistant level for OMG Crypto?

The S1 support level for OMG Crypto is $0.0852 ,The R1 resistant level for OMG Crypto is $0.126.