ECOMI Price Prediction: Will OMI reach $1?
To reach $1, the OMI token needs to grow by nearly 1000 times. At $1, ECOMI’s Market cap would be $264 Billion, 25% higher than Ethereum’s Market Cap.
ECOMI Price Prediction: In this article, we’ll try to predict the future price of the ECOMI token. Is it a good investment? Continue reading to find out.
Latest OMI Price
| Metric | Value | Trend |
|---|---|---|
| Current Price | $0.00103 | Lower |
| Trading Volume | $1.2 M | Steady |
ECOMI Price Performance So Far
| Last 7 Days | +14.8% |
| Last 1 Month | +4.2% |
| Last 12 Months | -21.9% |
| Since Launch (2022) | -78.1% |
ECOMI Price Prediction 2024-2030, Aggregated
- Ecomi Price Prediction 2024 is $0.00156
- Ecomi Price Prediction 2025 is $0.00259
- Ecomi Price Prediction 2026 is $0.00349
- Ecomi Price Prediction 2027 is $0.00400
- Ecomi Price Prediction 2028 is $0.00537
- Ecomi Price Prediction 2029 is $0.00773
- Ecomi Price Prediction 2030 is $0.0117
Past Track Record: The ECOMI token reached its all-time high price of $0.0028 in April 2022 where it grew by nearly 1.17 times in less than one month (i.e., from the lowest price of $0.0024). Thus, considering its 1.17 times growth in one month, we can say that the ECOMI token will need a minimum of 1,170 months (more than 97 years) to reach a price level of $1. However, ECOMI hasn’t performed well either since its launch in 2022 or this year.
Comparison with Ethereum: It took Ethereum 5 years to rise from a $264 M Market Cap to a $264 B Market Cap. Ethereum benefitted from two booms – The Macro Liquidity Boom and the Cryptocurrencies boom. At the moment these conditions do not exist.
Hypothetical Growth: Let us say $OMI were to grow at 50% every year. It would take ECOMI 18 years to reach $1.
Considering all scenarios, the odds of Ecomi reaching $1 are quite low.
ECOMI Price Prediction Today, Bullish or Bearish Sentiment?
UTC: Feb 22nd, 2024 07:15 PM
| Overall Outlook | Neutral |
| 1. Market’s Wisdom | Neutral |
| 1a. Market Data | Neutral |
| 1b. Technical Recommendation | Neutral |
| 2. Crowd’s Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
ECOMI Price Prediction: Is ECOMI a Good Investment?
ECOMI is a technology company based in Singapore focused on digital collectibles. ECOMI is a platform that provides a convenient way to buy digital collectibles and comics through its VeVe app. They view digital collectibles as a new asset class that offers intellectual property owners new revenue streams in the digital landscape.
The OMI token is the native asset of the ECOMI ecosystem. There will only be 750 billion OMI tokens minted and they can be purchased during the ICO, through the ECOMI Collect app, or on an exchange. OMI tokens are GO20 standard, while the digital collectibles are GO721 (NFTs).
When a purchase is made, OMI tokens are exchanged for the NFT and the OMI tokens used for the purchase are discarded to a locked address.
Key Features of ECOMI
- VeVe is the world’s largest Digital Collectibles platform owned by ECOMI.
- ECOMI is using blockchain and augmented reality technologies to offer premium licensed collectibles from leading brands including Disney, Marvel, Star Wars, DC Comics, Warner Bros, Aston Martin, Cartoon Network, Lamborghini, etc.
- ECOMI’s goal is to create the world’s best platform for purchasing, protecting, and collecting premium licensed digital collectibles using Distributed Ledger Technology.
- ECOMI has two elements, the ECOMI Collect ecosystem and the ECOMI Secure Storage Wallet.
- The ECOMI Collect app allows users to buy, sell, and trade premium licensed digital collectibles and related virtual goods from different brands and categories.
- Users can display their digital collectibles in a personal showroom and create custom scenes with digital collectibles and props.
- Users can share their digital collectibles, showrooms, and scenes with the ECOMI Collect community in a social feed.
The following are the primary use cases of OMI tokens:
- The OMI token is used for transactions on the VeVe platform.
- OMI offers its holders a range of utilities within the platform through the OMI Utility Program.
- The OMI token is also used as a transactional currency in a range of NFT marketplaces and in Play and Earn games such as Tengoku Senso.
- ECOMI Collect uses the OMI token to facilitate the purchase and trade of digital collectibles.
Overall, considering the use cases and key features of ECOMI, it appears to be a poor case for investment.
Also Read: Litecoin Price Prediction
Where Can I Buy OMI Crypto?
ECOMI tokens can be bought from a few centralized and decentralized crypto exchanges such asOKX, Gate.io, BingX, BitForex, OpenOcean, and Uniswap.
~Charu Taneja
Note: collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.