OmiseGo (OMG) soars as major exchanges support $BOBA airdrop

3 years ago 299

OmiseGo (OMG) is connected the emergence arsenic large crypto exchanges amusement enactment for the $BOBA Airdrop scheduled to instrumentality spot connected November 19.

In the past 24 hours, OMG has gone up by astir 19% continuing with the bullish inclination that started connected July 19, this year.

The OMG terms presently is edging towards $20 and the marketplace volition perchance person a beardown enactment level.

What Is OmiseGo ($OMG)?

The OmiseGo web is an Ethereum-based fiscal exertion that enables real-time, peer-to-peer worth speech and payment.

This web aims astatine helping users to transportation their ETH and ERC20 tokens astatine a cheaper and faster complaint than the methods being utilized currently.

The ETH and ERC20 tokens tin besides beryllium utilized arsenic a inferior token for fees erstwhile making transactions connected the OmiseGo network.

What Is $BOBA?

$BOBA is simply a caller token launched by the OMG Foundation to enactment the Boba Network.

According to BOBA Network’s website, BOBA is:

“An Ethereum Virtual Machine (EVM) compatible Layer 2 Optimistic Rollup that helps Ethereum astute contracts standard portion delivering a delightful idiosyncratic experience.”

It allows developers to physique decentralized applications (Dapps) that tin tally web-scale codification connected server-less infrastructures similar AWS Lambda, this helps make analyzable applications that could beryllium astir intolerable on-chain.

The latest Airdrop announcement brought astir publicity astir this task and it’s a superb mode to animate assemblage enactment connected the task and besides dispersed the connection astir it.