Here is a comprehensive analysis of the **Omni Network (OMNI):**
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📊 Current Price and Recent Movement
The price of OMNI today is around $3.95–$3.99 according to major platforms, with an increase of nearly +150% over the past 24 hours and **+170% over the week**.
The daily trading volume exceeds $900 million.
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🔥 Why the sudden jump now?
1. A sudden jump of over 200% without a clear major news event.
2. Potential for a “short squeeze” rather than a fundamental event, with the RSI indicator rising to about 85–90 → indicating potential overbought conditions.
3. OMNI's inclusion in Binance Wallet as a decentralized application, including the possibility of staking at an APR of about 11%.
4. A massive increase in trading volume and derivatives (in million dollars), showing significant short liquidations – over $3.3 million.