- The crypto market appears to be down today.
- Despite the crash, OMG Network thrives and remains bullish.
On the other hand, looking at this current value of the OMG Network on the same platform, the crypto seems to be on a bullish run.
To note, OMG Network is a Layer-2 scaling solution that increases the transactions in the Ethereum blockchain. In addition to this, the core developer of the OMG Foundation (OMG Network) also announced the release of Boba Network. This is a new Ethereum scaling solution that the same developers created.
Going back, as seen in the figure above, at the time of writing, OMG increased with over 21% in value. With the crypto market crashing down currently, this is such a significant moment for the OMG Network as this proves its stability.
At the same time, reports show how holders are taking action with the sudden dips in the crypto market today. Bill Noble, CTA at Token Metrics said that investors should not “stress about the swings because they’re going to keep happening.” He also added that “volatility is as old as the hills and it’s not going anywhere. It’s something you have to deal with.”
Of course, if there are dips, there will be cryptos hitting the moon, too. Perhaps right now what investors should do is patiently wait.