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OMNI defies market slump, signals strong reversal ahead of token swap
['Charles Thuo']
Invezz
Omni Network’s native token OMNI is showing renewed strength at a time when the broader cryptocurrency market is under pressure.
OMNI’s market resilience draws attentionCopy link to sectionThe price of OMNI has risen by 3.2% in the last 24 hours to trade near $4.22, even as the global crypto market slipped by more than 3%.
Over the past week, OMNI gained more than 22%, a sharp contrast to the broader sell-off.
The token is currently ranked #371 with a market capitalisation of about $167.7 million and a daily trading volume exceeding $82 million.
Traders appear to be positioning ahead of the migration, betting that the rebrand will improve liquidity and long-term utility.
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