Negative funding rates.

$OMNI price surged from $2.60 to $6.20 in just an hour, that's ~135%, followed by a sharp 42% drop already.

Some of the supply also appears untracked, which adds to the risk. Best not to FOMO here.

Wait for some stability, ideally a hold above $4, if that level sustains, it might be worth considering.

Otherwise, stay patient and avoid chasing volatility.