In the midst of a market-wide bull run, the OmiseGo bull run may quickly be forgotten. But longtime supports of OMG know the truth and know that this is one of the most interesting and diverse cryptocurrencies out there. While it may only lie in 30th place in terms of market value, this coin hopes to bring a decentralized exchange with an asset-backed payment platform that will “bank the unbanked.”
OMISEGO BULL RUN; OMG IS A GOOD INVESTMENT BECAUSE OF SUPPORTERS
OmiseGo is not just a pipedream built on good marketing skills and hype (Tron anyone?). The reason why OMG has such a loyal following is due to its reputable list of backers. Advisors include the well known Gavid Wood and Vitalik Buterin, both co-founders of Ethereum. Together with the OmiseGo team, they want to open up the doors for developing countries in South East Aisa who were previously dependent on the traditional banking system.
OMISEGO BULL RUN; OMG A GOOD INVESTMENT FOR ADOPTION
Sometimes, you look at a coin and wonder what exactly will it do? Does it have utility? OMG is one of those coins that looks to increase adoption in a tangible way. OmiseGo realized that while most people in Asia lack bank accounts, many of them do have access to mobile phones. Therefore, by creating a blockchain based, mobile banking solution, they can quickly give an easy and affordable banking solution to those who don’t have it. Simply put, they are already well positioned to be the most used coin in Asia next to Bitcoin.
OMISEGO BULL RUN: OMG IS A GOOD INVESTMENT THAT YOU SHOULD CONSIDER
Even during the bearish market, OmiseGo shows it has real potential in this industry. We are just now starting to see the fruits of that hard work pay off. Analysts say 2019 will be an impressive rebound year for OMG as it looks to climb it’s way up the market ladder. If you want to capitalize on this investment opportunity while it’s still cheap, consider taking out a crypto-backed loan.
Instead of having to sell your crypto assets, simply use them as collateral for a cash loan. You can then use this loan to buy OMG or any other promising crypto. YouHodler is one platform that offers the best loan to value ratio in the industry (80%) and the most collateral options (BTC, BCH, BSV, LTC, ETH, XRP and more).
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