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Altcoin

OGN Price Analysis: OGN faster than the speeding bullet

Posted On February 9, 2020 Prasanna 0

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Bullets come in all shapes and sizes. It seems that they also come in the cryptocurrency market in the form of coins. The OGN Price is moving faster than the speeding bullet in the cryptocurrency market. Will it cross the stratosphere? Let’s take a look at it.

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OGN Price Analysis: Tracer Bullet

At the time of reporting, the OGN price is $0.41593991 with a 24-hour trading volume of more than $57,996,177. OGN/BTC price is up 87.8% in the last 24 hours. The circulating supply of OGN is 24 Million coins and a max supply is of 1 Billion coins. The OGN price is going like a tracer bullet at the moment.

OGN Price
OGN Price Analysis: Image Source: Tradingview

The day’s range is between 0.27450756 — 0.45009504. The cryptocurrency exchange Binance is the most active market trading it. According to etherscan.io, there are more than 4000 OGN holders at the moment. Currently, the stats are as follows:

Volume (24H)    :                $94,208,334.64

Market Capitalization    :    $9,752,678.64

Circulating Supply    :    23,406,404.00 OGN

>> Secure your crypto currencies in an e wallet r Trezor.  <

The OGN Price Analysis: Overview

The OGN raised more than 38 MM USD via private & public token sales. This was in between November 2017 to July 2018. It is an Ethereum-based platform that can be used to build peer-to-peer marketplaces. The exact reason behind the OGN price rise is not yet known but one of the reasons could be that it has implemented meta-transactions. Due to this, users no longer need to pay Ethereum gas fees. 

The 1 day summary of OGN price is that it is in the buy to strong buy zone. The oscillators are in the Sell to Strong Sell zone while the moving averages are in the strong buy zone. The value of RSI(Relative Strength Index) is 81.50303138. 

OGN Price
OGN Price Analysis: Image Source: Tradingview

As mentioned earlier, the Origin Protocol is a platform for creating peer-to-peer and e-commerce applications and marketplaces. According to its whitepaper, users can buy or sell goods on these marketplaces, and by using the Origin blockchain, developers can create their applications. The Origin token (“OGN”) is used as an incentive, return, and governance token.

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This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)

Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.

Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future. 

#OGNPrice#OGNToken#OriginProtocol



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