OmiseGo (OMG) is connected the emergence arsenic large crypto exchanges amusement enactment for the $BOBA Airdrop scheduled to instrumentality spot connected November 19.
In the past 24 hours, OMG has gone up by astir 19% continuing with the bullish inclination that started connected July 19, this year.
The OMG terms presently is edging towards $20 and the marketplace volition perchance person a beardown enactment level.
What Is OmiseGo ($OMG)?
The OmiseGo web is an Ethereum-based fiscal exertion that enables real-time, peer-to-peer worth speech and payment.
This web aims astatine helping users to transportation their ETH and ERC20 tokens astatine a cheaper and faster complaint than the methods being utilized currently.
The ETH and ERC20 tokens tin besides beryllium utilized arsenic a inferior token for fees erstwhile making transactions connected the OmiseGo network.
What Is $BOBA?
$BOBA is simply a caller token launched by the OMG Foundation to enactment the Boba Network.
According to BOBA Network’s website, BOBA is:
“An Ethereum Virtual Machine (EVM) compatible Layer 2 Optimistic Rollup that helps Ethereum astute contracts standard portion delivering a delightful idiosyncratic experience.”
It allows developers to physique decentralized applications (Dapps) that tin tally web-scale codification connected server-less infrastructures similar AWS Lambda, this helps make analyzable applications that could beryllium astir intolerable on-chain.
The latest Airdrop announcement brought astir publicity astir this task and it’s a superb mode to animate assemblage enactment connected the task and besides dispersed the connection astir it.
Why is $OMG soaring amid the $BOBA airdrop announcement?
The $BOBA Token Airdrop is present being supported by large exchanges similar crypo.com and Huobi aft the airdrop was announced.
☑️ Don't forget, November 19 is our airdrop date! (Snapshot connected the 12th)
🤝We person large speech partners similar @upbitglobal and @FTX_Official, marque definite that your speech is 1 of them to person the airdrop
Visit https://t.co/Sd3B1GTaxa for more
— Boba Network ($OMG) (@bobanetwork) November 3, 2021
The Airdrop is scheduled to instrumentality spot connected November 19 and to enactment 1 indispensable clasp OMG token (s).