OmiseGo (OMG) Live Price Chart & History

Live OMG / USD Price Chart

Top Crypto Trading Platforms
Broker Rating MinDeposit Visit
5

$500

Visit Broker
5

$5

Visit Broker
5

$10

Visit Broker
Risk Warning: Your capital is at risk
4.5

€100

Visit Broker
4

€100

Visit Broker
3.5

$100

Visit Broker

Price USD 9.05%
$19.527100
Price BTC
0.0015379
Volatility (7d)
1.92 %
Volatility (30d)
1.76 %
Market Cap USD
$1,992.6M
Market Share
Since launching at $0.534731 on 14/07/2017 OmiseGo has achieved a price of $19.5271, falling -17.83% in the last week alone.

OmiseGo Price Analysis: Predictions and Forecasts

Why buy OmiseGo? What is it used for?

OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework, starting in Q4 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. This high-performant distributed network enforces exchange across asset classes, from fiat-backed issuers to fully decentralized blockchain tokens (ERC-20 style and native cryptocurrencies). Unlike nearly all other decentralized exchange platforms, this allows for decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. Markets may be able to signifi- cantly reduce spreads and encourage market assurance via decentralizing custody and increased transparency of market activity. This is achieved using smart contracts, protocol tokens enforcing correct market behavior of orderbook matching, a new construction of Ethereum bonded external enforcement of clearinghouse activity, and commitments to historical exchange data for use with Ethereum smart contracts.
OmiseGo was launched in 14/07/2017. It uses the Proof of work method of consensus, and is based on the N/A algorithm. OmiseGo's goals include Focuses on user friendliness, mainstream digital wallets, real-time, peer-to-peer value exchange, fiat money and decentralized currencies, enables financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network, White label Wallet,Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs.

Trading OmiseGo : The Best Platforms to trade OMG

The Best Cryptocurrency Brokers + Trading Platforms

Rating Bonus Description Minimum Deposit Regulation Visit
5
  • The leading Social Trading platform with 4.5m traders
  • Follow other traders or be a leader and earn
  • Personal service and VIP perks

$500

FCA,

Visit Broker
eToro Review
5
No Deposit
£25
+Deposit Bonus
  • Free forex signals + market research
  • Online education and webinars
  • Fee free withdrawals and deposits

$5

CySEC

Visit Broker
XM Review
5
  • Stylish & Powerful Platform
  • Trade Bitcoin + 12 Other Top Cryptocurrencies
  • Plus Forex, Options, Stocks & ETF Trading

$10

IQ

Visit Broker
IQOption Review
Risk Warning: Your capital is at risk
4.5
  • Choice of four professional trading platforms
  • Trusted & Secure: FCA authorised and regulated
  • Choice of Forex, CFDs, Spread Betting and Binary Options

€100

FCA

Visit Broker
ETX Capital Review
4
No deposit
£20
+ Up to £6000 on deposits
  • No commissions and low spreads
  • Advanced trading tools
  • Minimal account fees

€100

FCA,

Visit Broker
Plus500 Review
3.5
Cashback
$5000
on your trades
  • 24 hr Live Support
  • Fully Regulated and Licenced EU Broker
  • User- friendly trading platform

$100

CySEC

Visit Broker
UFX Review

Our Guide To Trading OmiseGo (OMG)

OmiseGo Trading - How To Trade OMG


The newly developed platform was created by fintech. And that company that was established out of Thailand is called Omise. They recently rose over $15 mill USD through their first ICO to create the token called MOG. The company gives user abilities similar to Stripe with the same type of functionalities. It's primarily used to receive payments,...


Read more

Will the price OmiseGo fall continue to rise?

It's impossible to predict for sure if OmiseGo is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days OmiseGo has fallen by -17.83%
  • In the past month it has gained 6.3088608631562%
  • In total it has appreciated by $18.992369 since its inception, a change of 3,651.76%

Can OmiseGo reach, replace, pass or overtake bitcoin?

At present OmiseGo is trading at 0.0015379 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 65,023.7%. If we assume OmiseGo continued to as it has in the last month - with a price change of 6.31% it would take 9.0500302911205 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of OMG is going to take off and increase in price to a higher level we've done the math for you.
In order for OmiseGO to reach $25.00 it needs to increase in price by a factor of 1.28x. Given its present growth rate of 6.31% per month, it could take just 1.2 months to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week15.6%84.3%
1 month31.2%68.7%
3 months38.8%61.1%
6 months42%57.9%
1 year44.4%55.5%
2 years46%53.9%
3 years46.7%53.2%
4 years47.2%52.7%
5 years47.5%52.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $50.00 it needs to increase in price by a factor of 2.56x. Given its present growth rate of 6.31% per month, it could take just 4.4 months to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%99.9%
1 month3.1%96.8%
3 months14.1%85.8%
6 months22.4%77.5%
1 year29.7%70.2%
2 years35.3%64.6%
3 years37.9%62%
4 years39.4%60.5%
5 years40.5%59.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $100.00 it needs to increase in price by a factor of 5.12x. Given its present growth rate of 6.31% per month, it could take just 7.7 months to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%99.9%
3 months3.1%96.8%
6 months9.3%90.6%
1 year17.7%82.2%
2 years25.6%74.3%
3 years29.6%70.3%
4 years32.1%67.8%
5 years33.9%66%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $200.00 it needs to increase in price by a factor of 10.24x. Given its present growth rate of 6.31% per month, it could take just 11.0 months to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%99.9%
3 months0.3%99.6%
6 months3%96.9%
1 year9.3%90.6%
2 years17.5%82.4%
3 years22.3%77.6%
4 years25.4%74.5%
5 years27.7%72.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $300.00 it needs to increase in price by a factor of 15.36x. Given its present growth rate of 6.31% per month, it could take just 1.1 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months1.3%98.6%
1 year6%93.9%
2 years13.6%86.3%
3 years18.5%81.4%
4 years21.9%78%
5 years24.4%75.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $400.00 it needs to increase in price by a factor of 20.48x. Given its present growth rate of 6.31% per month, it could take just 1.2 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.7%99.2%
1 year4.3%95.6%
2 years11.3%88.6%
3 years16.1%83.8%
4 years19.6%80.3%
5 years22.2%77.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $500.00 it needs to increase in price by a factor of 25.61x. Given its present growth rate of 6.31% per month, it could take just 1.3 years to hit a price target of $500 USD

What is the probability of hitting $500.00 over time?

Time periodChance final price > $500Chance final price < $500
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.4%99.5%
1 year3.3%96.6%
2 years9.6%90.3%
3 years14.4%85.5%
4 years17.9%82%
5 years20.5%79.4%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $600.00 it needs to increase in price by a factor of 30.73x. Given its present growth rate of 6.31% per month, it could take just 1.3 years to hit a price target of $600 USD

What is the probability of hitting $600.00 over time?

Time periodChance final price > $600Chance final price < $600
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.2%99.7%
1 year2.6%97.3%
2 years8.4%91.5%
3 years13.1%86.8%
4 years16.5%83.4%
5 years19.2%80.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for OmiseGO to reach $700.00 it needs to increase in price by a factor of 35.85x. Given its present growth rate of 6.31% per month, it could take just 1.4 years to hit a price target of $700 USD

What is the probability of hitting $700.00 over time?

Time periodChance final price > $700Chance final price < $700
1 week0%100%
1 month0%100%
3 months0%99.9%
6 months0.1%99.8%
1 year2.1%97.8%
2 years7.5%92.4%
3 years12%87.9%
4 years15.5%84.4%
5 years18.2%81.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is OmiseGo a good investment? Is it safe to put my money into OMG?

No, it is not a 'good investment' to buy OmiseGo, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading OmiseGo as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of OMG - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

OmiseGo Development + Team

There are @research_team_dev_size developers coding the source behind OmiseGo There are no sales or marketing staff on the team which could impede the coin's growth.

OmiseGo publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for OmiseGo is lead by Jun Hasegawa,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on OmiseGo's development

.

Related Articles

  • XMCompany Overview XM is a trademark that has been registered by Trading Point Holdings Ltd., a company which owns a number of other trading...
  • Company Overview OlympTrade is a Russian mobile binary trading app that started in 2014 as a joint venture between two companies, Smartex...
  • Company Overview The company was established in 2008 and this company offers an online CFD service. Currently, Plus500 has a platform that has...
  • Company Overview Due to standing out in the financial world for years as a popular and customer-friendly binary options trading site, we took it upon...
  • Company Overview ETX Capital was originally established in 1973. ETX is the brand name used for the holding company Monecor Ltd. Currently, this...
  • Founded in 2007, eToro is the world’s leading social trading platform. During its inception, eToro’s founders set out to create an online trading...

Risk Warning

Your capital is at risk. Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss.  The information contained in this publication is not intended as an offer or solicitation for the purchase or sale of any financial instrument. This website is provided for informational purposes only and in no way constitutes financial advice. A featured listing does not constitute a recommendation or endorsement.

About ForexTrading.Company

Forex Trading.Company was established to provide global traders a deep and insightful source of information on forex trading, its key strategies and indicators. With guides for everyone from beginner traders in Bangladesh to advanced strategists in Hong Kong we want the world trading community to benefit from our in-depth broker reviews, features, and commentary. We list the world's top regulated and authorised brokers suitable for a global audience.

We aim to think global, act local with our website, so that whether you're in Asia, Europe or Africa you can gain from our content on the world's biggest market.

About Us & Contact Sitemap