Today, I would like to introduce you to a relatively new token called @OMNI Network Please note that this is not investment advice, just my personal opinion.
Omni Network [ $OMNI ) launched in April and is traded on several exchanges, including #Binance with pairs such as $BTC and #USDT From my observations, their only missing feature is not having an active community strength towards the project, which can be improved through #SocialMining contributions. They are giving the token more recognition in the crypto space with noticeable stats from @DAO Labs
Now, let's look at the technical details of the Omni token:
Omni Network ( #OMNI ):
âȘïžPurpose and Function:
Omni Network is a layer 1 blockchain designed to address fragmentation within the #Ethereum ecosystem. While Ethereum scales through isolated execution environments known as rollups, Omni Network is a unifying layer connecting these disparate ecosystems.
âȘïžFeatures:
- Unifying Layer: Enables developers to create global applications with default access to Ethereum's liquidity and user base.
- Security and Performance: A network that is natively secure and externally validated.
- Global Compatibility: Ensures global compatibility by unifying different ecosystems.
Omni's Historical Price Levels:
- Omni token, like almost every token listed on Binance launchpad, reached high levels on its launch day and then adjusted according to market conditions. It reached its all-time high (ATH) on April 17, 2024, at $53.81 and saw its lowest level on June 18, 2024, at $12.88. At the time of writing, it is only 10% above its lowest level, indicating potential for an upward trend.
Market Value and Token Unlocking:
- Currently, its market value is approximately $147,270,000. The token unlocks are spread out until 2028, which is a positive aspect, as it prevents inflation issues with no massive monthly token releases.
- Token Distribution (According to CMC data):
- Investors: 36.69%
- Team: 40.41%
- Advisors: 5.94%
- Public Launch: 16.95%
Omni Network stands out with its promising features and strategic token distribution.