$OMNI
What Is Omni
The term "Omni" in the cryptocurrency space can refer to two distinct entities:
1. Omni Network (OMNI):
- Overview:
Omni Network is a platform designed to serve as an abstraction layer for the Ethereum ecosystem. It enables developers to access users and liquidity across various Ethereum rollups without the need to upgrade their smart contracts.
- Key Features:
- Cross-Rollup Access:
Facilitates seamless interaction across multiple Ethereum rollups.
- Developer-Friendly:
Allows developers to build applications that operate across different rollups without significant modifications.
- Market Information (as of December 22, 2024):
- Price: Approximately $9.93 per OMNI token.
- Market Capitalization: Around $103.05 million.
- Circulating Supply: Data not specified.
- 24-Hour Trading Volume: Approximately $65.97 million.
- Official Website: [Omni Network](https://omni.network/)
2. Omni Layer (OMNI):
- Overview:
Formerly known as Mastercoin, Omni Layer is a platform built on top of the Bitcoin blockchain. It enables the creation and trading of custom digital assets and currencies, effectively serving as a decentralized exchange and crowdfunding platform.
- Key Features:
- Asset Issuance: Allows users to create and manage their own digital tokens.
- Decentralized Exchange: Facilitates peer-to-peer trading of digital assets directly on the Bitcoin blockchain.
- Market Information (as of December 22, 2024):
- Price: Approximately $1.34 per OMNI token.
- Market Capitalization: Data not specified.
- Circulating Supply: Data not specified.
- 24-Hour Trading Volume: Approximately $2.82 thousand.
- Official Website: [Omni Layer](https://www.omnilayer.org/)
It's important to distinguish between these two entities, as they serve different purposes within the blockchain ecosystem and operate on separate underlying technologies.
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