- Origin Protocol (OGN) is currently bullish by 65.86%.
- Origin Protocol (OGN) was at $1.20, showing promising signs.
Origin Protocol (OGN) is currently bullish by 65.86% in the last 24 hours, according to CoinMarketCap. On 26 May morning, OGN was at $1.20, showing promising signs.
Origin Protocol is a network that lets market participants share goods and services through peer-to-peer (P2P) networks. The platform intends to create an extensive online marketplace. It is leveraging the Ethereum (ETH) blockchain and Interplanetary File System (IPFS) to reduce the need for mediators.
Today, Origin Protocol’s price went up from 0.6450 to $1.10. This means OGN surged by 65.86%, with a market cap of $322,272,726 on CoinMarketCap.
The chart above shows that despite the upward trend showing some exhaustion, OGN is likely to push higher. However, investors should move with caution. Moreover, they should take into account all technical signs.
Of note, Origin Protocol said it is bringing NFTs and DeFi to the masses. Also, “the platform will allow anyone to host NFT sales on their network and domain name,” says Origin Protocol.
Last month, Origin Protocol partnered with Google Cloud. The partnership will allow the firm to create and sell Non-Fungible Tokens (NFTs). Furthermore, it will be done via Origin’s Dshop e-commerce platform.
The software is optimized for sales and exchanges. Besides, it will offer time-limited open editions or specialized leaderboard sales. Therefore, celebrities, musicians, and other creators can use the hosted marketplace.
OGN’s price is trading at $1.21 with a 24-hour trading volume of $373,043,620, according to CoinMarketCap data, at the time of writing.