The uptick in the lead-up to the airdrop snapshot and the subsequent sell-off is related to the “buy the rumor, sell the fact” trade often observed in stock markets and recently seen in bitcoin. The concept is based on the belief that market participants, being forward-looking, tend to buy an asset when expecting positive developments and take profit, driving the market lower … [Read more...] about OMG Tanks Over 25% as Exchanges See Record Inflows After BOBA Airdrop snapshot
Boba
OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution
In September the frenzy that propelled the nonfungible token (NFT) sector quieted down but a burst of fresh energy emerged as the layer-two sector heated after the successful launch of Ethereum (ETH) scaling solutions like Arbitrum and Optimism. Another project that has benefited from the sector's transition to layer-1 and layer-2 alternatives is OMG Network (OMG), a … [Read more...] about OMG eyes a new all-time high after unveiling its ‘Boba Network’ layer-2 solution