Why do OMG coins fall?

However, OMG is one of the biggest losers so far today. The coin is down by more than 30% over the past 24 hours and risks dropping lower over the coming hours . The dip was caused by the completion of the snapshot for an airdrop from the Boba Network.

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What is OMG Network Crypto?

The OMG Network (formerly OmiseGO) is a value transfer network for Ethereum and any ERC-20 token . It describes itself as the first production-grade layer-2 Ethereum scaling solution and aims to let people move money and a variety of digital values on the blockchain faster, cheaper, and without compromising on security.

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Why OMG coin is falling?

However, OMG is one of the biggest losers so far today. The coin is down by more than 30% over the past 24 hours and risks dropping lower over the coming hours. The dip was caused by the completion of the snapshot for an airdrop from the Boba Network .

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Is OMG a good investment 2021?

The OMG Network forecast is around $25 for now as the volatility hasn’t hit its maximum limit. Based on the OMG price predictions, it is a good long-term investment option . Investing your money in OMG Network is a good decision for the future as it has maintained a positive outlook.

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