ECOMI (OMI) is a cryptocurrency that powers the VeVe digital collectibles platform, offering users a unique entry into the world of non-fungible tokens (NFTs) and blockchain-based entertainment. This guide provides a detailed overview of its current market performance, historical data, and essential token information.
Current OMI Price and Market Performance
As of the latest data, ECOMI (OMI) is trading at $0.000192**, reflecting a 24-hour price increase of **+2.33%**. The trading volume over the past day stands at approximately **$1 million, with 5.4 billion OMI coins exchanged across various platforms.
Key Market Statistics:
- Market Capitalization: $32 million (Rank #533)
- Fully Diluted Valuation (FDV): $144.2 million
- 24-Hour Price Range: $0.000187 - $0.000192
- Circulating Supply: 166,285,821,196 OMI
- Total and Max Supply: 750,000,000,000 OMI
Understanding ECOMI (OMI) Tokenomics
ECOMI’s token distribution is structured to support long-term growth and ecosystem development:
- Crowdsale: 50%
- Initiatives: 28%
- Founders and Investors: 18%
- Advisors and Bounty Programs: 4%
The project raised $1.9 million** during its Initial Coin Offering (ICO) in 2018, with tokens priced at **$0.00319 each. Compared to the current price, this represents a significant decrease, highlighting the volatile nature of cryptocurrency investments.
Historical Performance and Analysis
ECOMI reached its all-time high (ATH) of $0.0123 on March 19, 2021. Since then, the price has declined by over 98%. However, it has shown resilience by maintaining a steady trading range recently.
Technical Indicators:
- RSI (14): 47.56 (Neutral)
- Moving Averages: Mostly indicating "Sell" signals
- Market Sentiment: Predominantly neutral to bearish based on current metrics
For those interested in deeper technical analysis, consider using advanced charting tools to monitor trends and patterns.
ECOMI Use Cases and Ecosystem
OMI tokens are integral to the VeVe ecosystem, which specializes in licensed digital collectibles from major brands like Disney, Marvel, and DC Comics. Users can:
- Purchase, trade, and showcase NFTs.
- Participate in exclusive drops and events.
- Engage in a growing metaverse and Play-to-Earn (P2E) environment.
The project ranks highly in several niche categories:
- \#64 in Gaming (GameFi)
- \#13 in Events & Entertainment
- \#31 in Metaverse
- \#26 in Play-to-Earn
Frequently Asked Questions
What is the current price of ECOMI (OMI)?
The live price of OMI is $0.000192 USD, with a 24-hour trading volume of $1 million. Prices are subject to change based on market conditions.
What was the highest price ever recorded for OMI?
OMI reached its all-time high of $0.0123 on March 19, 2021. This peak occurred during a bullish phase in the cryptocurrency market.
How does ECOMI’s market cap compare to other cryptocurrencies?
With a market cap of $32 million, OMI ranks #533 among cryptocurrencies. Its fully diluted valuation would be $144 million if all tokens were in circulation.
What is the purpose of the OMI token?
OMI is used within the VeVe platform for buying, selling, and trading digital collectibles. It also facilitates governance and rewards within the ecosystem.
Where can I buy and trade OMI tokens?
OMI is listed on several cryptocurrency exchanges. Always use reputable platforms and ensure proper security measures when trading.
Is ECOMI a good investment?
Like all cryptocurrencies, OMI carries investment risks due to market volatility. Conduct thorough research and consider your risk tolerance before investing. For real-time insights, explore market strategies.
Conclusion
ECOMI (OMI) remains a notable player in the NFT and digital collectibles space, backed by a robust ecosystem and strong partnerships. While its price has experienced significant volatility, its utility within the VeVe platform provides a concrete use case. Investors should stay informed about market trends and perform due diligence before making financial decisions.