OMNI Token Soars 127% After Binance Wallet Integration and Launchpool Feature, Trading Volume Hits $920M
Omni Network (OMNI) experienced a significant price surge in the last 24 hours, with the OMNIUSDT pair on Binance rising 127.16% from an open of $1.62 to a current price of $3.68. This sharp increase is primarily attributed to Binance's announcement of new integrations for its Binance Wallet, now supporting staking and interactions with the Omni Network, as well as OMNI's recent feature on Binance Launchpool. The news triggered a substantial spike in trading activity, with 24-hour trading volume reaching up to $920 million and notable liquidations, particularly among short positions, indicating a strong shift in market sentiment. OMNI's circulating supply is highly concentrated, with the top 10 wallets holding over 90% and about 50% of the supply staked. The token's market capitalization currently stands between $147 million and $162 million, and OMNI is available for trading on major exchanges including Binance, Gate.io, and Coinbase.