Omnicat Witnesses Impressive 49% Price Surge, According to CoinGecko
According to data from CoinGecko on January 8th, Omnicat, a meme coin that operates on multiple chains, has emerged as the top trending coin with a remarkable 49.3% price gain in the past 24 hours.
Omnicat is currently accessible on various chains such as Ethereum, Arbitrum, Solana, Polygon, Canto, BSC, and Base. These six EVM chains serve as the power behind this meme coin, with Solana enabling users to bridge and arbitrage across all seven pools in each ecosystem using the OFT standard developed by LayerZero.
The price chart provided by CoinGecko shows that the live price of OmniCat (OMNI) stands at $0.0006543 at the time of writing. Additionally, the coin has recorded a trading volume of $6 million in the past 24 hours, indicating a significant 49.3% increase during that period. Over the past seven days, OmniCat has witnessed a remarkable surge of 51%, outperforming the overall cryptocurrency market, which experienced a 1.6% decrease. Furthermore, it has also outpaced similar cryptocurrencies within the Polygon Ecosystem, as they have remained stagnant in terms of their value.
It is worth mentioning that despite no major announcements on the project’s official X account, the price surge follows an incident that occurred on December 25th. During this incident, the BSC network encountered a rug pull, which is a fraudulent scheme where project creators abandon the project after collecting funds from investors. Unfortunately, in this case, OMNI fell victim to the scheme, resulting in the unauthorized acquisition of approximately 306,200 BUSD.
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