/biz/ - Business & Finance

OMG Network will have 1/3rd ETH network’s volume (tether) some time in the next week or so. OMG Network will charge 1/3rd the fee rate of ETH.

This means the OMG Network should be valued at 1/9th the ETH Network.

There are 140 million OMG compared to 110 million ETH. This means each OMG token represents roughly 80% of the network that ETH does.

ETH is currently $240. 80% of 1/9th of $240 is $21.30.

The actual current price of OMG is less than $2. Once the network goes live in the next week or so, the price should correct to a market standard and test its ATH. At the very least, it should x5 or so. Get. In. While. You. Can.

What happens to the price of a token when 1/3rd the volume of ETH runs through its network at 1/3rd the fee rate, if the token’s price is only 1/140th of ETH currently?

B I G

N A S T Y

G A I N S

>>19545985
You know the name anon, in your heart

It’s coming

Flying under the radar as always with a much smaller market cap than its market presence. Mainnet and adoption happening as we speak. Very high chance of going to the price it was before people started saying they couldn’t do it.

Haven’t you seen the mainnet launch anon?

OMG Network has 42k I think, plus 250000 Twitter followers. OMG market cap is 1/6th of Chainlink. I honestly think the only reason it hasn’t pumped is because people are in disbelief that there’s actually a working product, and that once tether starts getting going on it there will be a huge wave of former holders and new traders FOMOing in

>>19523407
Also before I forget, he said he was visited by a 4chan used from the year 2025. He said he told him that OMG Network became self aware in 2023 and created an artificial civil war between those that “made it” with a stack of 1000 OMG and “the others” a race of subhuman “poorfags”. He also said he lost his OMG Network stack and had to travel to 2022 to protect Vitalik because OMG Network sent a blockchain powered robot back in time to kill Vitalik. I’ve probably said too much already. Godspeed anon.

It’s coming

>$240 million market cap
>OMG Network twitter has 250k twitter followers
>market cap high of $3 billion
>legit project with a working product and large company customers (tether, bitfinex)
>high demand product scaling ethereum with potentially huge customer base
>fully transparent code and active development community
>code has passed 2 independent audits from quantstamp and consensys
>passed regulators concerns with coinbase and binance us listings

Tell me again how this shit isn’t a steal right now?