Just as in most markets, the cryptocurrency market moves in cycles. Until today, the crypto cycles moved in quadrennials. This means that the market became bullish every four years. If you compare it to other markets, however, you can notice that when the crypto market goes bullish, it moons. During a bull run, the market is very unpredictable since there are cryptocurrencies that x10 overnight. We have Shiba Inu for example. This token made millionaires overnight… literally.
That being said, when we talk about the far future of cryptocurrencies, we have to take several factors into consideration. The year 2021 could be considered the biggest year for this market. Firstly, Bitcoin officially became an Exchange-Traded Fund (ETF). Secondly, major corporations such as Microsoft, Facebook, Disney, and Adidas announced that they will join this industry soon. These are all bullish news for the crypto market and also indicate that mass implementation is around the corner.
The biggest hype was built around the Non-Fungible Token (NFT) sector without a doubt. Facebook announced that they will be rebranding themselves to Meta, a metaverse powered by blockchain technology. Moreover, Twitter announced that they are working on a way to make Profile Pictures NFTs. That being said, you should keep an eye on cryptocurrencies and tokens linked with the metaverse. Such tokens are Sandbox, Decentraland, and ECOMI.
What is ECOMI (OMI)?
Most people have heard about Sandbox and Decentraland but have never heard of ECOMI. This might be because ECOMI is relatively new to the cryptocurrency market, joining only some months ago. ECOMI goes by the ticker OMI and is a GO-20 token. GO-20 tokens are tokens operating on the GoChain blockchain. If you compare it to the ERC-20 tokens operating on the Ethereum blockchain, you will most likely notice how more efficient GoChain is. Nevertheless, this might be because GoChain has way less traffic than Ethereum.
The reason why people are so bullish on OMI is its products. The team of ECOMI launched VeVe – the first licensed Disney digital collectibles seller. Yes, you heard that right. Today, you can buy official NFTs of your superheroes. The prices of these NFTs are nothing if you compare them to NFT collections launched on OpenSea. To add to this, VeVe will be launching its own metaverse called the VeVeVerse later in 2022.
ECOMI (OMI) Price Prediction 2030
The fact that you are reading this means that you are very early in the process. The cryptocurrency market is very young and has a lot of space to grow. When we talk about crypto projects that have a low market capitalization such as OMI, you should know that you are even earlier. Cryptocurrencies such as Ethereum and Bitcoin have gone a long way to reach their current prices. If you compare their market capitalization with the market capitalization of cryptocurrencies such as OMI, you can see just how much space is there to grow.
By 2030, the market could be less volatile but way more valuable. OMI might hit a trading value of $1.50 by the end of 2026. After hitting this all-time high, this cryptocurrency is may grow even further. As years pass by, OMI might surpass the price of $2. By the end of 2030, OMI could be trading at a price of $3.50.
Also Read: ECOMI Price Prediction 2022 and Beyond – Can OMI Reach $1?
Takeaways
- The year 2021 was crazy for cryptocurrencies. Businesses and even governments began implementing the cryptocurrency market in their actions.
- Unlike most tokens, OMI is a GO-20 token operating on the GoChain.
- Because OMI operates on GoChain, it reaps the benefits this blockchain has to offer.
- VeVe is a product of ECOMI. It serves as a marketplace for licensed NFTs.
- By 2030, OMI might reach a trading value between $2.90-$3.50.