🔥 The OMNI Coin Ignites the Market with Rocketing Gains After Its Listing on Upbit!
In a flash, the OMNI coin jumped by up to 250% after being listed on July 29 on the Korean platform Upbit, ending a downward trend that lasted more than two weeks, recording a price of $6.39 and a market value reaching $219 million, amid an explosion in trading volume of +150%.
💡 What’s Behind the Explosion?
• The listing on Upbit gave OMNI a strong entry into the active retail market in Korea, which we have often seen in pump waves after Asian listings.
• Technically, OMNI clearly broke its downward trend, attracting momentum traders.
• The project serves as infrastructure to connect Ethereum rollup chains – making OMNI a promising tool in the multi-chain DeFi world.
• The mainnet has become active, putting the project on the path to actual implementation rather than just empty promises.
📊 Technical Analysis Perspective
Despite the significant momentum, the RSI indicator surpassed 91, indicating overbought conditions that could lead to an upcoming correction.
As long as trading continues above $7.80, the next technical target is $10, while strong support levels are concentrated at $3.50 and $2.87.
🔥 Why Is Everyone Talking About OMNI?
Global interest in infrastructure projects in DeFi is rising, and OMNI positions itself as a serious player in this field, especially with its ability to connect blockchain chains easily and efficiently.
