Why is ECOMI (OMI) crypto gaining attention?


The crypto market has incorporated various new products over the past few years, helping its popularity grow. For instance, the NFTs, stablecoins, and Metaverse-themed assets are bringing many crypto enthusiasts into its fold.

Lured by its growth potential, people from the gaming, music, entertainment, sports industries and those from the corporate world have invested or closely followed the market. A new name in the digital collectible space, ECOMI (OMI) crypto, is gaining attention.

Also Read: Why is THOR (THOR) crypto price rallying?

What is ECOMI (OMI) crypto?

ECOMI is a technology firm focused on digital collectible space. The Singapore-based technology company is known for building the blockchain-based digital collectibles marketplace called VeVe. The users can buy or share their collectibles across its social network platform.

ECOMI has two main operating segments: VeVe, formerly the ECOMI Collect ecosystem and ECOMI Secure Storage Wallet. VeVe operates a second-hand augmented reality marketplace called the VeVe store and a social feed.

The ECOMI platform’s utility token is OMI. It is used as a medium of exchange to buy and sell digital assets on the VeVe platform. In addition, it ensures the immutable record of ownership for the assets.

Co-founded by Daniel Crothers, Joseph Janik, and David Yu, ECOMI allows users to trade in digital assets and show off the items through VeVe’s social media feed.

Also Read: Why is PancakeSwap (CAKE) crypto rising?

Why is the ECOMI (OMI) crypto rising?

The OMI crypto is gaining popularity due to the platform’s partnership with various renowned licensors in the traditional collectors’ market. VeVe has partnerships with licensors of many D.C. characters like Batman, Superman, Harley Quinn, Wonder Women, etc.

The token has been gaining traction since it was listed on the BitMartExchange on March 8.

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In addition, the VeVe platform has recently announced the first appearance of characters like Spider-woman and Deadpool on the platform. Earlier, it announced the first appearance of Siryn’s character on St. Patrick’s Day at 11 am ET on March 17.

The OMI token can be traded on Gate.io, BitForex, AscendEX (Bitmax), etc.

Also Read: Is Microsoft (MSFT) stepping into cryptos with ConsenSys funding?

ECOMI (OMI) crypto price and performance

Source: *Data provided by CoinMarketCap.com

 

Bottom line:

The OMI token was priced at US$0.003332 at 12:59 pm ET on March 16, up 3.49%, while its volume for the last 24 hours declined 16.37% to US$3.62 million. It has a market capitalization of US$554.06 million, and its fully-diluted market cap is US$2.49 billion. The token’s total and maximum supply is 750 billion, and its current circulating supply is 166.29 billion.

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Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.





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