ECOMI Price Prediction 2023-2030: Will OMI reach $1?
ECOMI Price Prediction: In this article, we’ll try to predict the future price of the ECOMI token. Is it a good investment? Continue reading to find out.
Latest OMI Price
Latest ECOMI News and Market Analysis
Latest ECOMI News
- VeVe Digital Collectibles has initiated the OMI Reward Tier: Season Zero. Collectors with $OMI tokens will soon earn extra MCP points that impact their rank in the Master Collector Program. Points earned from depositing OMI will appear about 24 hours later. It’s essential to convert tokens to L2 OMI before transferring to the web wallet. The point distribution isn’t fixed and depends on overall user participation. Some users sought clarity on the conversion process, with VeVe directing them to resources and explanatory videos.
- The ECOMI Secure Wallet provides an easy way to store OMI tokens. As the VeVe app introduces OMI Reward Tiers, users may wish to move tokens from this wallet to earn Master Collector Points. To do this, users should bridge their OMI tokens to the Ethereum-based Immutable X (IMX) network using MetaMask. This involves setting up a MetaMask browser wallet on a computer, ensuring sufficient Ethereum (ETH) in the Secure Wallet for transaction fees, and then transferring OMI to MetaMask. Once on MetaMask, users can connect to the IMX bridge to deposit their tokens and participate in the VeVe Master Collector Program.
- Vemate is a digital tool designed for VeVe collectors, available on iOS, Android, and the web. By holding OMI tokens, users can access the Vemate Premium features, enhancing their collection experience. This platform offers features like Mint Alarms, Price Alarms, and detailed auction overviews. While the iOS version requires Premium access due to Apple guidelines, Android offers a free, albeit limited version. Vemate operates independently from ECOMI, with active support and feedback channels available for users.
ECOMI Price Prediction 2023-2030, Aggregated
- Ecomi Price Prediction 2023 is $0.000739
- Ecomi Price Prediction 2024 is $0.00121
- Ecomi Price Prediction 2025 is $0.00226
- Ecomi Price Prediction 2026 is $0.00316
- Ecomi Price Prediction 2027 is $0.00367
- Ecomi Price Prediction 2028 is $0.00506
- Ecomi Price Prediction 2029 is $0.00746
- Ecomi Price Prediction 2030 is $0.0113
ECOMI Price Prediction: Will OMI reach $1?
To reach $1, the OMI token needs to grow by nearly 1000 times. At $1, ECOMI’s Market cap would be $264 Billion, 25% higher than Ethereum’s Market Cap.
Past Track Record: The ECOMI token reached its all-time high price of $0.0028 in April 2022 where it grew by nearly 1.17 times in less than one month (i.e., from the lowest price of $0.0024). Thus, considering its 1.17 times growth in one month, we can say that the ECOMI token will need a minimum of 1,170 months (more than 97 years) to reach a price level of $1. However, ECOMI hasn’t performed well either since its launch in 2022 or this year.
Comparison with Ethereum: It took Ethereum 5 years to rise from a $264 M Market Cap to a $264 B Market Cap. Ethereum benefitted from two booms – The Macro Liquidity Boom and the Cryptocurrencies boom. At the moment these conditions do not exist.
Hypothetical Growth: Let us say $OMI were to grow at 50% every year. It would take ECOMI 18 years to reach $1.
Considering all scenarios, the odds of Ecomi reaching $1 are quite low.
ECOMI Price Prediction Today, Bullish or Bearish Sentiment?
|Overall Outlook||Partially Bearish|
|1. Market's Wisdom||Neutral|
|1a. Market Data||Neutral|
|1b. Technical Recommendation||Neutral|
|2. Crowd's Wisdom||Partially Bearish|
|2a. Social Media Buzz||Steady|
|2b. Social Media Sentiment||Lower|
ECOMI Price Prediction: Is ECOMI a Good Investment?
ECOMI is a technology company based in Singapore focused on digital collectibles. ECOMI is a platform that provides a convenient way to buy digital collectibles and comics through its VeVe app. They view digital collectibles as a new asset class that offers intellectual property owners new revenue streams in the digital landscape.
The OMI token is the native asset of the ECOMI ecosystem. There will only be 750 billion OMI tokens minted and they can be purchased during the ICO, through the ECOMI Collect app, or on an exchange. OMI tokens are GO20 standard, while the digital collectibles are GO721 (NFTs).
When a purchase is made, OMI tokens are exchanged for the NFT and the OMI tokens used for the purchase are discarded to a locked address.
Key Features of ECOMI
- VeVe is the world’s largest Digital Collectibles platform owned by ECOMI.
- ECOMI is using blockchain and augmented reality technologies to offer premium licensed collectibles from leading brands including Disney, Marvel, Star Wars, DC Comics, Warner Bros, Aston Martin, Cartoon Network, Lamborghini, etc.
- ECOMI’s goal is to create the world’s best platform for purchasing, protecting, and collecting premium licensed digital collectibles using Distributed Ledger Technology.
- ECOMI has two elements, the ECOMI Collect ecosystem and the ECOMI Secure Storage Wallet.
- The ECOMI Collect app allows users to buy, sell, and trade premium licensed digital collectibles and related virtual goods from different brands and categories.
- Users can display their digital collectibles in a personal showroom and create custom scenes with digital collectibles and props.
- Users can share their digital collectibles, showrooms, and scenes with the ECOMI Collect community in a social feed.
The following are the primary use cases of OMI tokens:
- The OMI token is used for transactions on the VeVe platform.
- OMI offers its holders a range of utilities within the platform through the OMI Utility Program.
- The OMI token is also used as a transactional currency in a range of NFT marketplaces and in Play and Earn games such as Tengoku Senso.
- ECOMI Collect uses the OMI token to facilitate the purchase and trade of digital collectibles.
Overall, considering the use cases and key features of ECOMI, it appears to be a poor case for investment.
Also Read: Litecoin Price Prediction
Where Can I Buy OMI Crypto?
ECOMI tokens can be bought from a few centralized and decentralized crypto exchanges such asOKX, Gate.io, BingX, BitForex, OpenOcean, and Uniswap.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.