OmiseGo (OMG) is on the rise as main crypto exchanges present assist for the $BOBA Airdrop scheduled to happen on November 19.
Within the final 24 hours, OMG has gone up by about 19% persevering with with the bullish pattern that began on July 19, this yr.
The OMG value at present is edging in direction of $20 and the market will doubtlessly have a robust assist degree.
What Is OmiseGo ($OMG)?
The OmiseGo community is an Ethereum-based monetary know-how that permits real-time, peer-to-peer worth trade and fee.
This community goals at serving to customers to switch their ETH and ERC20 tokens at a less expensive and quicker charge than the strategies getting used at present.
The ETH and ERC20 tokens can be used as a utility token for charges when making transactions on the OmiseGo community.
What Is $BOBA?
$BOBA is a brand new token launched by the OMG Basis to assist the Boba Community.
In response to BOBA Community’s web site, BOBA is:
“An Ethereum Digital Machine (EVM) appropriate Layer 2 Optimistic Rollup that helps Ethereum sensible contracts scale whereas delivering a pleasant consumer expertise.”
It permits builders to construct decentralized purposes (Dapps) that may run web-scale code on server-less infrastructures like AWS Lambda, this helps create complicated purposes that might be practically inconceivable on-chain.
The newest Airdrop announcement caused publicity round this venture and it’s a superb method to encourage neighborhood interplay on the venture and likewise unfold the phrase about it.
Why is $OMG hovering amid the $BOBA airdrop announcement?
The $BOBA Token Airdrop is now being supported by main exchanges like crypo.com and Huobi after the airdrop was introduced.
☑️ Remember, November 19 is our airdrop date! (Snapshot on the twelfth)
🤝We now have nice trade companions like @upbitglobal and @FTX_Official, make it possible for your trade is one among them to obtain the airdrop
Go to https://t.co/Sd3B1GTaxa for extra
— Boba Community ($OMG) (@bobanetwork) November 3, 2021
The Airdrop is scheduled to happen on November 19 and to take part one should maintain OMG token (s).