The upswing has continued throughout this morning’s Asian buying and selling session and the vast majority of altcoins are within the inexperienced, some much more than others. Bitcoin continues to march upwards, gaining one other 6% on the day and consuming away at the entire altcoins. There is all the time one within the prime 25 although exhibiting stronger positive aspects than the remainder and this cryptocurrency has been featured earlier than, it is OmiseGO.
According to Coinmarketcap OMG is up 15% at present from the identical time yesterday, it is at present buying and selling at $20.55 from $17.80 24 hours in the past. It has made strong positive aspects over the previous seven days of 18% and is nonetheless trending upwards. OmiseGO has been one of many prime performing cryptocurrencies throughout the month of February when most others have misplaced worth. During the large early January spike it reached a peak of $27 and fell to $7.6 a month later within the massive dip of February 6.
Omise is an Asia Pacific enterprise backed funds firm based in 2013, it has robust ties to Singapore, Japan and Thailand the place quite a few strategic partnerships have been made. Quite a lot of merchandise akin to digital wallets and the SDK are road-mapped for launch this yr and Ethereum founder Vitalik Buterin has praised the undertaking. Aside from a number of warnings about faux accounts nothing else has been posted on their Twitter feed and no bulletins have been made.
OmiseGO is traded largely in Southeast Asia on Binance, Upbit, Bitfinex’s sister web site Ethfinex. Total market cap on the time of writing is simply over $2 billion with $138 million being traded within the final 24 hours. Only 140 million OMG tokens can be found with simply over 100 million circulating.
There are not any different altcoins within the prime 25 having fun with double digit will increase this morning, however a pair doing nicely embody Iota and Nano. Further down the record DigixDAO as all the time is performing nicely together with Binance’s personal coin and Aeternity.