cryptocurrency widget, price, heatmap
Search icon
Ecomi price, market cap on Coin360 heatmap

Ecomi(OMI)

Arrow icon
Add to Watchlist
$0.000787
(0.8%)
0.00000003 BTC
Market Cap (Rank#2614)
?
? BTC
Vol 24h
$64,549
2.265073 BTC
Circulating Supply
?
Max Supply
310,884,471,276
10h ago cryptopotato
BTC at Crossroads: Is $30K Next or Is a Dump to $25K Incoming? (Bitcoin Price Analysis)
Bitcoin’s price has been stuck in a tight static range between $25K and $30K, consolidating without a clear direction. It must break out of this critical range to determine its future direction. Technical Analysis By Shayan Daily Chart Bitcoin’s price has formed an ascending channel on the daily timeframe and is attempting to surpass the […]
12h ago cryptopotato
NFT Market Hit $4.7B in Sales in Q1: DappRadar
Blur’s impressive rise to dominance has changed the dynamics of the space, threatening the market share of the once-undisputed leader, OpenSea.
19h ago cryptodaily
Bittrex To Suspend U.S. Operations Due to Regulatory Issues
Crypto exchange Bittrex announced on Friday that it would suspend its U.S. operations by April 30 due to regulatory hurdles. American cryptocurrency exchange Bittrex announced on March 31 that it would suspend its operations in the United States. The exchange said it was not “economically viable” to continue doing business in the U.S. The exchange added that its Bittrex Global platform, which serves traders in Europe, Canada, and South America, would remain unaffected. Bittrex said in a statement that customer funds were safe but should be withdrawn by April 30. It added that trading on its platform will continue until April 14. Bittrex CEO and co-founder Ritchie Lai said on Twitter: It’s just not economically viable for us to continue to operate in the current U.S. regulatory and economic environment. Regulatory requirements are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape. Operating in the U.S. is no longer feasible. Bittrex’s decision comes amid harsh regulatory scrutiny by the U.S. in recent months. The most recent to suffer under the increased oversight are Coinbase and Binance. Crypto exchange Coinbase was recently issued with a Wells Notice from the United States Securities and Exchange Commission (SEC). In a shocking twist, the Commodity Futures Trading Commission (CFTC) announced it was bringing a lawsuit against Binance CEO Changpeng Zhao. The commission alleges that CZ has allowed U.S. residents to buy and sell crypto derivatives since 2019. In doing so, the CFTC explains that any entity offering such services should have registered with the CFTC. The increased regulatory scrutiny first became concerning to the industry when the SEC accused crypto exchange Kraken of the unlawful offer and sale of securities through its staking program. The exchange reached a settlement with the SEC, agreeing to shutter its staking program and pay a $30 million fine. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
23h ago cointelegraph
El Salvador removes all taxes related to tech innovation for economic growth
Technology innovations such as software programming, coding, apps and AI development, and computing and communications hardware manufacturing will be exempted from taxes in El Salvador.
1 day ago nulltx
Cryptocurrency Prices Reflect Banking Crisis. Where Does It Leave Bitcoin, Avorak AI, and Dogecoin?
The latest cryptocurrency news suggests that the recent banking crisis in the United States has shaken people’s faith in traditional monetary systems. Many analysts claim that this could lead to an increased interest in crypto, driving up cryptocurrency prices. This has caused many in the crypto market to closely monitor the price movements of prominent […]
1 day ago coindesk
Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds
Mask Network’s MASK token surged over 68%, becoming the top-performing token for the month. XRP rose 41%.
1 day ago zycrypto
Cardano Primed For Explosive Rally Thanks To Upcoming Feature Giving Users Direct Access To Ethereum Dapps From ADA Wallets
Cardano is on its way to becoming a top chain compatible with the Ethereum Virtual Machine after the impending introduction of a new feature that will allow users to seamlessly use an EVM contract directly from any ADA wallet.
1 day ago cryptodaily
On-Chain Metrics Show Bitcoin (BTC) and Ethereum (ETH) at Discounted Prices, Orbeon Protocol (ORBN) Presale Experiences High Demand
As the crypto market witnesses intriguing developments, on-chain metrics reveal that Bitcoin (BTC) and Ethereum (ETH) are currently trading at discounted prices due to increased network activity. Meanwhile, Orbeon Protocol (ORBN), an innovative crowdfunding platform, is making headlines as it experiences remarkable demand as well as witnessing an astounding 2713% price surge during its presale phase. >>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE>BUY ORBEON TOKENS HERE<< Orbeon Protocol (ORBN) Orbeon Protocol (ORBN) is a pioneering platform that is reshaping the crowdfunding landscape by linking visionary startups with enthusiastic investors seeking unique opportunities. By transforming equity into fractionalized NFTs, Orbeon Protocol (ORBN) democratizes access to investment opportunities, enabling participation with as little as $1. As such, Orbeon Protocol (ORBN) empowers individuals from all walks of life to be part of the growth of promising ventures. Harnessing the capabilities of smart contracts, Orbeon Protocol (ORBN) simplifies the investment journey, guaranteeing secure and transparent transactions with minimal manual intervention. This results in an effortless and efficient experience for both startups and investors through Orbeon Protocol (ORBN). By holding ORBN tokens, investors unlock a range of benefits, such as preferential access to up-and-coming projects, staking rewards and additional incentives designed to foster engagement within the Orbeon Protocol (ORBN) community. As the Orbeon Protocol (ORBN) presale enters its final twelfth stage with an impressive $0.1125 token price, the potential for significant growth of 6,000% in the ORBN token's value by the end of 2023 is substantial. This positions Orbeon Protocol (ORBN) as an enticing choice for investors seeking to diversify their long-term crypto portfolios with a cutting-edge offering. Find Out More About The Orbeon Protocol Presale Website: https://orbeonprotocol.com/ Presale: https://presale.orbeonprotocol.com/register Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
1 day ago cryptodaily
Ledger Raises $100M At $1.4B Valuation
Crypto hardware company Ledger has secured &euro;100 million ($109 million) funding in its latest funding round at the $1.4 billion valuation for the company. Successful Closure Of Series C Extension Hardware wallet manufacturer Ledger has conducted late-stage funding in its Series C round to raise over $100 million. The company had maintained its $1.4 billion valuation from its last funding round in June 2021, when it raised around $380 million. According to reports, the company will conduct two more rounds in 2023. On March 30th, the team announced the successful closure of its Series C extension fundraising, which will be used to optimize and expand its wallet production. The team tweeted, &ldquo;Ledger is proud to announce our Series C extension fundraising round. We continue our mission of bringing ease-of-use and uncompromised security to your digital value.&rdquo; Some of the leading institutional investors contributing to this funding are Morgan Creek, Cit&eacute; Gestion SPV, Digital Finance Group, VaynerFund, True Global Ventures, and 10T. Ledger Thriving Amidst Market Troubles The company is behind the uber-popular hardware wallets like the Nano S and Nano X. Despite regulatory concerns plaguing the industry, the company&rsquo;s continued success indicates that digital security is still a profitable niche in the market. The crypto-security firm had previously launched the Ledger Stax hardware wallet in the middle of the FTX controversy with much success. Today, Ledger hardware wallets protect 20% of all the cryptocurrency in the world. New Generation Of Hardware In an accompanying blog post published by the company, CEO and Chairman Pascal Gauthier wrote about Ledger&rsquo;s plan forward. &ldquo;Within the next five to ten years, my conviction is that the rise of the Internet of Value will reshape how billions of people own and manage their assets, redefining how we interact with the Internet, the role of intermediaries, the global economy, and every industry.&rdquo; He talks about introducing a new generation of hardware that would encompass even smartphones and laptops. Gauthier indicated that the company would be using the funds from the latest round to enhance the Ledger software experience. He plans to integrate more cryptocurrencies, blockchains, services, and features into Ledger Live. CEO&rsquo;s Plans For Ledger Enterprise Gauthier also addresses the business side of affairs. The company&rsquo;s B2B division, Ledger Enterprise, will be working on empowering more corporations to use the proper governance and security frameworks in their digital initiatives. He writes, &ldquo;As the Internet of Value gradually goes mainstream, our Ledger devices will allow you to manage an ever-expanding range of tokenized assets, including your value, identity, data, stocks, and much more, enabling you to connect with complete ownership.&rdquo; Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago cryptodaily
USDC Outflows Exceed $10B, Crypto Daily TV 31/3/2023
In Todays Headline TV CryptoDaily News: Visa and Fold expand partnership to new regions. Bitcoin rewards app Fold and Visa have expanded their ongoing partnership. The U.S. payments giant will now serve as the exclusive network partner for Fold's prepaid debit and credit products in North America, Europe and Latin America. USDC outflows surpass $10 billion since March 10th. Crypto investors are fleeing Circle&rsquo;s USDC stablecoin, with many of them switching to Tether, which has reached a 22-month high in market share. USDC token net outflows have surpassed $10 billion since March 10, when regulators shuttered key reserve banking partner Silicon Valley Bank. Bitcoin spikes above $29K. Bitcoin set new nine-month highs as traders continued to stay cautious. Prices spiked to above $29000. BTC/USD dropped 0.7% in the last session. The last session saw the Bitcoin drop 0.7% against the Dollar. The Williams indicator is giving a negative signal. Support is at 26688.6667 and resistance at 29472.6667. The Williams indicator is currently in the negative zone. ETH/USD remained largely unchanged in the last session. The Ethereum-Dollar pair traded sideways in the last session. The MACD is giving a negative signal. Support is at 1744.7967 and resistance at 1849.1967. The MACD is currently in the negative zone. XRP/USD dove 1.3% in the last session. The Ripple-Dollar pair dove 1.3% in the last session. According to the RSI, we are in an overbought market. Support is at 0.4785 and resistance at 0.6147. The RSI points to an overbought market. LTC/USD plummeted 2.2% in the last session. The Litecoin-Dollar pair dove 2.2% in the last session. The MACD is giving a positive signal. Support is at 87.1067 and resistance at 95.0467. The MACD is currently in the positive zone. Daily Economic Calendar: US Personal Spending The Personal Spending measures purchases of goods and services by households and by nonprofit institutions that serve households from the private sector. The US Personal Spending will be released at 12:30 GMT, Germany's Unemployment Change at 07:55 GMT, the UK's Current Account at 06:00 GMT. DE Unemployment Change The Unemployment Change is a measure of the absolute change in the number of unemployed people using seasonally adjusted data. A rise in this indicator has negative implications for consumer spending. UK Current Account The Current Account measures net flow of current transactions, including goods, services and interest payments into and out of the local economy. UK Gross Domestic Product The Gross Domestic Product is a measure of the total value of all goods and services produced by a country. The GDP is considered as a broad measure of economic activity and health. The UK's Gross Domestic Product will be released at 06:00 GMT, the US Personal Income at 12:30 GMT, Japan's Annualized Housing Starts at 05:00 GMT. US Personal Income The Personal Income measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers' compensation, proprietors' earnings, and transfer payments. JP Annualized Housing Starts The Annualized Housing Starts captures how many new single-family homes or buildings were constructed on an annualized basis. It is a key indicator of the housing market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago cryptodaily
“His Excellency” No More: Justin Sun Loses Diplomatic Status $TRO
The founder of the Tron blockchain, Justin Sun, is no longer a diplomat for Grenada. Grenada had recalled all diplomats following the June 2022 election in which the part that granted the title was removed from power. No Longer A Diplomat For Grenada According to reports coming from the Grenada Broadcasting Network, Sun&rsquo;s removal as a diplomat came after the New National Party, which was the part that gave Sun the status, lost the election to the National Democratic Congress. The report stated that all ambassadors assigned by the previous government were recalled during the early months of the new administration. The report from the Grenada Broadcasting Network comes after weeks of intense speculation in the press and social media about Sun losing his credentials. However, Sun has not yet publicly addressed the speculation. Sun Carries On Justin Sun was appointed as the ambassador to the World Trade Organization by the government of Grenada in 2021. Since being appointed, Sun has gone out of his way to flout his credentials, styling himself as &ldquo;His Excellency&rdquo; on his social media accounts and during media interviews. Sun had been tweeting from his diplomatic Twitter account (@HEjustinsun) as recently as October. He has, so far, given no indication of losing his diplomatic status and still maintains the H.E. on his personal Twitter account. With Sun&rsquo;s appointment as Grenada&rsquo;s ambassador to the WTO, the government of Grenada stated that it expected him to help promote trade, development opportunities, and investment in the country. He was also tasked with supporting the development of infrastructure, human resources, and information and communication technology for the country and conduct himself in a way that enhances Grenada&rsquo;s image. Neither Sun nor the government of Grenada have commented on the matter so far. SEC Charges Sun Soon after losing his diplomatic status, the Tron founder found himself in the crosshairs of the Securities and Exchange Commission (SEC). The SEC charged Sun with fraud and also accused eight celebrities, including rapper Soulja Boy and actress Lindsay Lohan, of illegally promoting his crypto assets. Sun, along with his companies, the BitTorrent Foundation, Tron Foundation, and Rainberry, were accused of scheming to distribute billions of Tronix (TRX) and BitTorrent (BTT) tokens and artificially inflate their trading volume since 2017. In a statement, the SEC Chair, Gary Gensler stated, &ldquo;As alleged in the complaint, Sun and others used an age-old playbook to mislead and harm investors by first offering securities without complying with registration and disclosure requirements and then manipulating the market for those very securities. At the same time, Sun paid celebrities with millions of social media followers to tout the unregistered offerings, while specifically directing that they not disclose their compensation. This is the very conduct that the federal securities laws were designed to protect against regardless of the labels Sun and others used.&rdquo; The Securities and Exchange Commission stated that some of those accused with Sun have agreed to pay a total of $400,000 in disgorgement, interest, and penalties to settle charges leveled against them. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago cryptopotato
Metacade’s MCADE Token Presale Enters Final Stages
[PRESS RELEASE – Please Read Disclaimer] The start of 2023 has been undoubtedly better than how most of last year went, especially its end. Crypto prices are booming, with most of the larger digital assets gaining double-digits in the first three months. A similar sentiment can be felt among new projects, which is the case […]
1 day ago cryptodaily
De Dollarisation - Crypto was created for this
Mike Novogratz of Galaxy Digital has commented that crypto was created by Satoshi Nakamoto precisely for the kind of over-printing and debasement of currency that the world is experiencing right now. BRICS nations are multiplying De-dollarisation is happening. The over-financialisation that has taken place in the West over the last few decades is coming home to roost. The BRICS nations are already trading in the Chinese Yuan, and applications to sign up to this bloc are multiplying rapidly. United Arab Emirates, Egypt, Algeria, Argentina, Mexico and Nigeria are reportedly looking to join this new global cooperation group, with Saudi Arabia already on the brink of being accepted, putting in jeopardy the long-standing agreement with the U.S. to exchange oil for dollars. This is crypto&rsquo;s moment Mike Novogratz, the billionaire entrepreneur and CEO of Galaxy Digital, made his comments during his company&rsquo;s Q4 2022 earnings call. He said that &ldquo;crypto prices are likely to go up over the coming months&rdquo; at the same time that de-dollarisation is just getting started. He stated: &ldquo;Let&rsquo;s start with the good&hellip; This is crypto&rsquo;s moment. Crypto was, in lots of ways, created for this point, right? Satoshi Yakamoto way back in 2009 worried about the breakdown of the legacy financial system. He worried about populism infecting our politics and a constant printing of fiat currencies and a debasement of money, and created Bitcoin.&rdquo; Novogratz continues with his view on how the politics of the Biden administration, together with the banks, are trying to besmirch crypto. He noted that whatever Biden or Jamie Dimon say, &ldquo;they&rsquo;re just wrong, and the world knows that.&rdquo; Gold and Bitcoin will thrive The billionaire CEO says that macro hedge funds are paying close attention to the developments with banks and the situation with Russia, Ukraine, and the roles that the U.S. and China are playing. He believes that the financial and geo-political environment is one in which sound money such as gold and bitcoin will thrive. He commented: &ldquo;This war between China and the U.S. with Russia as a proxy is going to push the gold narrative, and the digital version of that is Bitcoin, and so I think from a macro investor perspective, it&rsquo;s very clear.&rdquo; Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago coindesk
Cardano Users Can Soon Access Ethereum dApps Directly From ADA Wallets
The move will be enabled after an upcoming feature on Milkomeda, an Ethereum Virtual Machine network, goes live.
2 days ago coindesk
Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin
USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.
2 days ago cointelegraph
UK government announces 'robust' crypto regulation as part of economic crime plan
The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement's ability to seize and store assets.
2 days ago cointelegraph
Analysts debate the ETH price outcomes of Ethereum’s upcoming Shapella upgrade
The first three to five weeks after Ethereum’s upcoming Shapella upgrade will likely see an uptick in selling from unstaked deposits.
2 days ago zycrypto
Cardano Poised for Ultra Bullish Surge Following Latest Hydra Upgrade Development Milestone
Cardano, the seventh-largest cryptocurrency by market capitalization, has been making steady progress towards achieving scalability, and the upcoming Hydra upgrade is poised to take it to the next level.
2 days ago cointelegraph
Elon Musk slams ‘heavy-handed’ Fed as ex-BitMEX CEO sees $1M BTC price
Bitcoin-friendly Musk is no fan of the Fed’s inflation policy, he reveals, as Arthur Hayes says U.S. economic decisions are sending BTC price on a path to $1 million.
2 days ago cryptodaily
Collateral Network (COLT) is a new player in the blockchain-based investments space, and it's already generating a buzz among Bitcoin (BTC) and Ethereum (ETH) holders.
Collateral Network (COLT) is a new player in the blockchain-based investments space, and it's already generating a buzz among Bitcoin (BTC) and Ethereum (ETH) holders. In the presale phase, Collateral Network (COLT) is offering a unique investment opportunity that promises to deliver significant returns. Let's learn more! >>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW>BUY COLT TOKENS NOW<< Ethereum (ETH) In the world of blockchain-based investments, Ethereum (ETH) is one of the most popular tokens after Bitcoin (BTC). Many investors are drawn to Ethereum (ETH)'s potential as a platform for DeFi applications, with current projects in the space aiming to facilitate trustless borrowing and lending on Ethereum (ETH). Ethereum (ETH) has been successful in this regard, with world-renowned institutions like Ubisoft, ING, and IBM all relying on Ethereum (ETH) for their operations. Today, Ethereum (ETH) has a market cap of over $200 billion, making it the world's second-largest cryptocurrency by market value. But with such a large market cap, just how high can Ethereum (ETH)'s price go? It is unlikely that Ethereum (ETH) will see another 1000% gain &mdash; something that Collateral Network (COLT) should have no problem achieving as more investors use the platform. Find out more about the Collateral Network presale here: Website: https://www.collateralnetwork.io/ Presale: https://app.collateralnetwork.io/register Telegram: https://t.me/collateralnwk Twitter: https://twitter.com/Collateralnwk Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
2 days ago cryptodaily
Klaytn's Pursuit of the Mass Adoption Trifecta: Why Sustainability, Verifiability, and Collectiveness Matter
As blockchain technology continues to amass hype and interest, several problems still hinder the growth of this new innovation. According to a 2022 CoinGecko publication, over 40% of (3,322 out of the 8,000) cryptocurrencies listed in 2021 are dead. Most blockchain-based projects struggle to create and maintain a transparent token supply/demand structure. And coupled with the cost of maintenance and increasing energy consumption levels, these projects have found environmental and physical sustainability to be almost impossible. Another problem of mass adoption is trust. The recent FTX debacle and preceding events, the Axie Infinity failure, and the Terra/LUNA crash have dispelled trust in blockchain, a system purported to be secure and transparent. While several &ldquo;community-powered&rdquo; projects have launched, a few live up to the claim. The current DAO and governance approach incorporated by most projects means wealthier users can buy more tokens to change voting outcomes, eliminating the concept of decentralization. These problems are at the forefront of blockchain mass adoption, making it difficult to achieve. Klaytn, an open-source public blockchain for builders, workers, and players in the metaverse, has identified the ultimate trifecta for global blockchain adoption and is working to achieve it with sustainability, verifiability, and collectiveness. Klaytn Foundation&rsquo;s Vision for Mass Adoption As part of its long-term vision to drive global adoption, Klaytn introduces a thoroughly crafted 2023 vision map for achieving the mass adoption trifecta. Sustainability The two profound components of a project&rsquo;s sustainability are&mdash;a smart tokenomicsstructure capable of creating inherent value for the ecosystem and a well-grounded tech layer capable of supporting such an ecosystem. In line with these components, Klaytn integrates specific goals. Klaytn&rsquo;s sound tokenomics and deflationary token model aspirations are stand-out features of this project. For sustainability, this public blockchain platform will continue to reschedule token releases to maintain relevance and initiate realistic targets for the right amount of tokens needed to make $KLAY a genuinely deflationary asset. It will also support activities that will guarantee mid-to-long-term token demand and supply. Taking into account the cost of running a blockchain-based ecosystem, Klaytnproposes an efficient specification for computer instances and data storage. This singular action will help the team manage nodes dexterously while reducing costs in the long run. Additionally, Klaytn will introduce new concepts such as permissionless network configurations, ecosystem treasury optimization, and token circulation monitoring that will effectively oversee the supply of new tokens based on specific criteria gathered from incumbent market conditions. Klaytn will also be on the lookout for infrastructures and services where ownership of $KLAY will guarantee holders access to these features, increasing the utility and transactional value of the token. Through exchange listings and on-chain service offerings, Klaytn hopes to attract more users. To increase the long-term sustainability of $KLAY, Klaytn will regularly burn a percentage of tokens&mdash;over 75 million $KLAY has been burned to date, and more are expected in the coming months. The Klaytn team looks to initially burn 5.28 billion (approximately 48% of the current total $KLAY supply) tokens as it seeks to keep $KLAY inherently valuable. Verifiability Trustlessness has proven to be a huge sticking point in the blockchain space. Ensuring verifiability in all situations is essential for improving the transparency of all components related to the operation of a blockchain network. In the spirit of promoting transparency and inclusivity in its governance processes, Klaytn intends to conduct frequent evaluations of community sentiment and develop a robust structure to facilitate efficient decision-making. KIP-81 will be integrated into Klaytn's mainnet, enabling users to conveniently view voting agendas, and monitor voting statuses and results live via the Klaytn Square governance portal. The Klaytn team also looks to open up access to its Governance Council, creating a process for teams interested in becoming GC members to apply directly. Collectiveness A robust ecosystem of developers and users is essential to the success of any blockchain network. This community serves as the backbone of the technology, providing the support, innovation, and governance necessary to drive adoption and ensure the security and integrity of the network. Besides enabling seamless onboarding of developers, Klaytn is integrating new measures to encourage active participation and community involvement. With the aim of providing a hassle-free development environment, Klaytn is set to unveil a suite of ecosystem service tools, including a trustless bridge, developer SDKs that seamlessly integrate with multiple services, and a metaverse package. As a public blockchain for all, Klaytn promises to be a community-powered project where users and developers are essential members. With that vision in mind, Klaytnwill hold regular developer meet-ups to provide direct communication and feedback channels with the Klaytn core development team. As it seeks to build on the spirit of collectivism, Klaytn also looks to establish &ldquo;Proof of Hodl&rdquo; communication touchpoints on its governance portal Klaytn Square, providing participants who contribute directly to the Klaytn ecosystem with opportunities to participate in governance and more. Through its meticulously-crafted vision map, Klaytn aims to achieve the trifecta of mass adoption &mdash;sustainability, verifiability, and collectiveness&mdash;taking a giant step towards driving global adoption and rekindling users&rsquo; trust in blockchain projects. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days ago coindesk
Crypto Hardware Wallet Maker Ledger Raises Most of $109M Round: Bloomberg
The startup will have a second close in the coming weeks for the round at a $1.4 billion valuation.
2 days ago coindesk
Crypto Exchange Kraken Commits to Tougher Rules Required by Canada
Kraken has filed a pre-registration undertaking with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer in Canada.
2 days ago cryptodaily
Up and Coming Crypto Exchanges You Need to Know About in 2023
It is no secret that exchanges have continued to play a vital role in the growth of the burgeoning cryptocurrency ecosystem, providing enthusiasts with a platform for trading digital assets seamlessly. They serve as intermediaries connecting buyers and sellers, enabling them to exchange cryptocurrencies for other digital assets or fiat currencies. One of the main benefits of traditional crypto exchanges is their simplicity and user-friendly interfaces. These platforms typically offer a more straightforward and convenient experience compared to decentralized alternatives, making it easier for beginners to enter the world of cryptocurrencies. Moreover, they offer a high level of liquidity, something that is essential for efficient trading, as it allows users to quickly buy or sell assets without causing significant price fluctuations. Lastly, traditional crypto exchanges often offer higher customer support and security. Since these platforms are managed by a central authority, they can invest in dedicated customer service teams that assist users with any issues or questions they may encounter. In this article, we will list out some of the best up-and-coming cryptocurrency exchanges. So without any further ado, let&rsquo;s jump straight into the heart of the matter. Public One of the fastest growing, most trustworthy $0 commission platforms in the market today, Public offers a comprehensive investment platform that empowers individuals to diversify their portfolios via a range of assets, including stocks, ETFs, treasuries, cryptocurrencies, artwork, and collectibles. On a technical note, the platform offers tailored company metrics, up-to-the-minute market analyses, live shows on market trends, and much more. Public is a fully regulated broker-dealer but provides protection of up to $500,000 for any securities contained in its users' accounts. Additionally, the platform implements bank-grade security measures such as AES 128-bit encryption, TLS for secure data transmission, and default two-factor authentication (for an additional layer of protection). Since its inception in 2019, Public has attracted over $300 million in investments. The platform's esteemed investors include Accel, Tiger Global, Sean 'Diddy' Combs, Will Smith (Dreamers VC), Maria Sharapova, Tony Hawk, The Chainsmokers' Mantis VC, and Shari Redstone's Advancit Capital. MaskEX One of the fastest-growing exchanges in the market today, MaskEX is a trading platform that focuses on delivering a secure and user-friendly trading experience. Featuring an intuitive interface, it caters to both novice and experienced traders, offering a wide range of cryptocurrencies for portfolio diversification. Moreover, it comes with advanced trading tools, including real-time charting features, various order types, and in-depth market data, enabling users to make informed decisions and execute their strategies effectively. Security is a top priority for MaskEX, as evidenced by the fact that the platform features multi-tiered security protocols to protect users' assets and personal information. These measures include utilizing cold storage for a majority of its funds, distributed storage systems, multi-signature technology, two-factor authentication (2FA), and encrypted SSL connections. Recently, MaskEX launched several promotional campaigns aimed at enhancing its clients' profit potential. One such initiative is the "Purchase and Earn" campaign for P2P traders, where users who purchase USDT on MaskEX P2P with supported fiat currencies during the campaign period can participate in a $500 prize pool. Another campaign revolves around the MaskEX Virtual Card, where users who make purchases using the card during the promotional period stand a chance to share in a $1,000 prize pool. Both campaigns will run from April 1st to April 30th. Pionex Pionex.US stands out as the top choice for automated trading in the cryptocurrency sphere due to its integrated auto-trading bots, competitive fee structure, and user-friendly interface. Launched in 2019, the Singapore-based Pionex has gained significant traction online by offering an affordable fee schedule along with a suite of 16 built-in trading bots. The US counterpart, Pionex.US, provides spot trading and features 11 available bots, making it the most comprehensive automated solution for cryptocurrency trading. The platform boasts a range of bots with diverse functionalities, such as purchasing at a dollar-cost average for a single sell-off, automatically creating and rebalancing an index, and implementing various strategies for buying low and selling high. Furthermore, Pionex.US maintains an attractive maker/taker fee structure for spot trades, similar to its global counterpart. Depending on the crypto pairing, fees range from 0.05% to 0% and apply to both manual and bot-assisted trades. While the platform excels in offering manual and automated trading options, tutorial resources, and customer support, it does have some limitations. For example, it is unavailable in certain states across the US, lacks some key fiat withdrawal options, and has insufficient bot tutorials/explanations on the company website. PrimeXBT PrimeXBT is another promising cryptocurrency trading platform that offers a wide array of financial instruments and advanced trading tools to traders from over 150 countries. One of its standout features is its extensive product offering, which enables users to trade cryptocurrencies, forex, commodities, and stock indices, all from a single account. Additionally, PrimeXBT offers a highly competitive fee structure and employs advanced trading technology to ensure a seamless experience for its clients. The platform supports leveraged trading, offering up to 100x leverage for cryptocurrencies and even higher leverage for other asset classes, enabling traders to capitalize on market opportunities with minimal initial capital. Additionally, the platform delivers an ultra-fast order execution rate (< 7.12 ms on average) and an industry-leading trade engine with real-time risk management. Lastly, all transactions taking place within the PrimeXBT ecosystem are secured using the Amazon AWS framework. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Ecomi?

The live price of Ecomi (OMI) today is 0.000787 USD, and with the current circulating supply of Ecomi at ? OMI, its market capitalization stands at ? USD. In the last 24 hours OMI price has moved 0.000003 USD or 0.00% while 64,532 USD worth of OMI has been traded on various exchanges. The current valuation of OMI puts it at #2614 in cryptocurrency rankings based on market capitalization.

Learn more about the Ecomi blockchain network and how it works or follow the price of its native cryptocurrency OMI and the broader market with our unique COIN360 cryptocurrency heatmap.

ECOMI is a Singapore-based software company building blockchain-based products in the niche of digital collectibles since 2018. ECOMI operates two major projects – the VeVe app, a mobile-first marketplace for licensed NFTs, and Secure Wallet, a dedicated cold wallet. 

VeVe is an app to buy, sell and showcase digital collectibles. The app provides access to digital art for enthusiasts outside the crypto ecosystem through its mobile store and a secondary market for NFTs. As such, users with no specific knowledge about crypto can download the VeVe app in Apple Store or Google Play and buy the in-app currency for NFT purchases using Apple Pay or Google pay – no cryptocurrency transactions involved. 

Having secured licenses from iconic global brands, VeVe makes it possible to collect NFTs from Disney (including Marvel and Pixar), Cartoon Network, Warner Brothers, and more. The app also has AR features that bring 3D collectibles to life. 

Please note that VeVe digital collectibles can only be sold on the secondary market in VeVe, and can not be sold on major NFT marketplaces like OpenSea or LooksRare. You will also not be able to transfer your VeVe NFTs to your MetaMask wallet. 

A strong focus on non-crypto native audiences and a long list of exclusive brand partnerships helped VeVe get significant traction in the mass market. The company claims to have over 2.6 million active users and over 4 million NFTs sold. Yet, some community members sounded the alarm bells about the project’s centralization, issues with bots and questionable tokenomics. 

There are two types of tokens within the VeVe app. OMI is the native token of the ECOMI ecosystem, and GEM token is a stablecoin-like currency used to purchase digital collectibles on the VeVe marketplace. GEM tokens only exist inside the VeVe app, while ECOMI tokens are freely traded on centralized and decentralized exchanges.  

OMI price

According to the OMI live price chart, the coin saw its first major pump in Q1 2021 after nearly two flat years. 

During that major rally, OMI price in USD terms peaked at nearly $0.01344 from $0.00003867 — a 364x increase — between Feb. 1 to March 21, 2021, setting a new all-time high. However, this trend was short-lived as OMI followed a rapid decline in the coming months — falling to a local low of $0.001457 in June 2021.

Barring a mini-rally in June after VeVe revealed a partnership with Marvel, OMI started to show some signs of revival only around September 2021. It was following a wave pattern until February 2021, yet wasn’t able to reach levels anywhere near its all-time high. 

The price of OMI declined sharply in the first months of 2022, dropping below $0.03 by April. By June 2022, OMI price had fallen to nearly $0.001, losing most of its gains from the year of 2021. 

How OMI works

OMI is the native token of the ECOMI ecosystem and its medium of exchange. OMI is also used within the VeVe app for a range of utilities such as staking and in-app perks. It’s important to note that some community members criticize the OMI token model for lacking real utility in the ecosystem at the current stage. 

OMI facilitates transactions through a complex scheme and operates behind the scenes, so users usually don’t have to deal with OMI when buying NFTs in the app. 

Instead of OMI, collectors interact with GEM tokens, each representing 1 USD for the ease of use of non-crypto audiences. Yet, GEM tokens have no utility or value outside the VeVe app, and can only be converted to OMI. 

The supply of OMI is capped at 750 billion tokens, with nearly 300 billion tokens, or 40%, held in the VeVe’s Reserve Wallet as a reserve for in-app purchases. The team stated their intentions to never put these tokens into circulation. However, this pledge is not verified by any smart contract. 

Another 40% of the supply was distributed evenly between ECOMI business development and its team, advisors and board members. Another 40 billion OMI, or nearly 5% of tokens, is held by VeVe’s Reserve Wallet. This brings the share of supply held by the team to around 85%, while only around 15% of tokens were available for public sale. 

To make the tokenomics deflationary, ECOMI designed an OMI burning mechanism. Every in-app purchase burns some OMI and reduces its overall supply. Through scarcity maximization, the price of OMI is tied to the popularity of the VeVe app. In theory, the more NFTs are sold, the less would be the supply of OMI, and the higher its price.

In February 2022, OMI token’s migration from the GoChain OMI and wrapped OMI (wOMI) to the new ERC-20 OMI took place. The original GoChain OMI and wOMI are now redundant and should be swapped to the new Ethereum OMI token. Users can check out ECOMI’s official Medium account for step-by-step instructions on OMI token swaps. 

Some exchanges support both old (GoChain OMI) and new (ERC-20 OMI) tokens, so there are separate token addresses for the two chains. Users are advised to be careful when depositing or withdrawing tokens from these exchanges. 

Since the new home chain to the VeVe app is an Ethereum layer-2 solution, OMI holders also have to bridge their tokens to the Immutable X chain to use them in the VeVe app. Users will have to withdraw their tokens back from layer-2 to Ethereum (layer-1) to store OMI in wallets or trade OMI on CEXes and DEXes. Please refer to this guide for bridging OMI tokens.  

OMI news, updates and highlights

In December 2021, VeVe app migrated from the little-known GoChain to Immutable X, an Ethereum layer-2 solution with a strong focus on NFTs and gaming. 

Veve re-minted all of its NFTs on the new chain, enabling carbon-neutral and gasless minting of digital collectibles. The OMI token standard was also changed to ERC-20, and users had to swap their GoChain OMI tokens to Ethereum OMI. 

VeVe rolled out a beta version of its long-awaited web app in June 2022. At the time of writing the web app is only available to a group of whitelisted users testing the platform. 

The community has highlighted multiple concerns with  VeVe, all unaddressed at the time of writing and leading to massive FUD in the community and many labeling the project as a scam. 

First, there were no payouts available for VeVe NFT collectors until March 2022 when the platform opened access to its beta fiat off-ramp mechanism. Prior to the upgrade, users could buy GEM tokens with fiat or OMI to purchase VeVe NFTs, but could not convert their GEM tokens back to fiat, ECOMI or any other cryptos. Users could not get money out of VeVe, and all the value they earned was locked in the app. 

Collectors now can cash out their GEM profits from NFT trading, but the fiat off-ramp is still in beta with withdrawal limitations. VeVe users must have at least 1,000 GEMs (equal to 1,000 USD) to request a payout. Users can’t withdraw less than 50 GEMs or more than 50,000 GEMs in one transaction. 

Users have to complete KYC to use the payouts feature. VeVe also has a 10% fee on withdrawals, charged aside from the fees for selling NFTs on VeVe's secondary market. You can check out other details on VeVe’s fiat off-ramp in this post

Platform centralization is another pain point for VeVe users. In an attempt to defeat bots that make it hard for real users to get NFTs from new collection drops, the VeVe team mistakenly blocked accounts of regular collectors. VeVe NFTs can not be transferred out to any external wallet like MetaMask, so an account ban means that users lost all of their GEMs as well as their digital collectibles. 

In March 2022, the VeVe marketplace was hacked for millions of GEM tokens. The team had to close the marketplace for 2 days and temporarily suspend GEM purchases. While the team did not explain what specifically happened under this attack, it restricted some accounts potentially tied to hackers. 

There is another threat to VeVe's license-based business model. DC Comics, one of the prominent partners of VeVe that previously did a licensing deal with the app, launched its own marketplace in June 2022 to capture the full value of its intellectual property. Could other VeVe partners like Disney or Warner Brothers follow suit? 

Frequently asked questions about ECOMI

  • Can you mine or stake OMI tokens?

You can not mine OMI tokens, but you can stake them through AscendEX Earn. There is a 7-day unstaking period and the minimum delegation amount is 30,000 OMI. The staking APY is at 5.13% at the time of writing.

  • What are some of the best OMI wallets?

ECOMI’s Secure Wallet is the native cold wallet to OMI tokens, but you can also use any other crypto wallet compatible with the ERC-20 tokens such as MetaMask and Coinbase browser wallet. You can also use Ledger cold storage devices for your OMI holdings alongside the Ledger Live desktop app. 

  • What can you do with OMI cryptocurrency?

OMI is a utility token used primarily for facilitating transactions in the ECOMI ecosystem. You can trade OMI for other crypto assets, stake it or use it to get access to some premium features in the VeVe app. 

  • How to buy OMI? 

You can buy ECOMI coins on exchanges like gate.io, Ascendex, and OKX. You can also trade ECOMI tokens on Uniswap, using the ETH/OMI trading pair. 

Ecomi Price0.000787 USD
Market Rank#2614
Market Cap? USD
24h Volume64,549 USD
Circulating Supply? OMI
Max Supply310,884,471,276 OMI
Yesterday's Market Cap? USD
Yesterday's Open / Close0.000776 USD / 0.000779 USD
Yesterday's High / Low0.000789 USD / 0.000768 USD
Yesterday's Change
0.00% ( 0.000003 USD )
Yesterday's Volume64,531.50 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Explorers
Community
twitter iconreddit iconfacebook icon
Source Code
cryptocurrency widget, price, heatmap
v 5.4.15
© 2017 - 2023 COIN360.com. All Rights Reserved.
Arrow icon