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Bithumb listing Omisego [OMG] – Price hikes more than 26% – Airdrop on the way

Prerana Sarkar



Bithumb listing Omisego [OMG] - Price hikes more than 26% - Airdrop on the way
Source: Pixabay

The market seems to be in favor of OmiseGo [OMG] as it is the only top coin in green when all the other coins are going down and are facing a bloodbath. One of the main reasons for the sudden rise of the coin is due to its listing on Bithumb.

Bithumb, the second largest cryptocurrency exchange in South Korea and one of the leading exchanges around the globe has announced that they have listed OmiseGo [OMG] and Kyber Network [KNC] on their platform.

The coins will be listed on 26th April 2018 at 9:00 a.m UTC and will be available on Bithumb and Bithumb Pro.

The exchange platform will be supporting an airdrop for the listing of OMG and distribute it to all the customers holding Ethereum [ETH]. In addition, the exchange platform will be holding a ‘Pay-back-Event’ to show gratitude to all its customers.

OmiseGo announced the airdrop on Twitter:

“Public demand has spoken! Big thanks to Bithumb for giving the block3988888 OMG airdrop to their eligible users! And thumbs up on listing the $OMG token powering the Plasma decentralized exchange. Hybrid centralized-decentralized exchanges are DEFINITELY on the way!”

The Omisego [OMG] airdrop will be held today at 14:00. The distribution will be held in order and will be given to customers who held 0.1 ETH on 8th July 2017 at 4:36:56 UTC. These customers will receive 0.075 OMG for 0.1 ETH.

For all the customers who deposit and transfer during the event will earn 1% payback.

Erichkim1, a Redditor says:

“No wonder the price has been pumping Well done indeed!”

Elyziancs, another Redditor says:

“Omisego giving the power back to the people. This project is revolutionary, i dont care about the money, i care about humanity.”

Casascius, a Twitter says:

“I love my OMG. The future is now.”

Shreyaradhye, another Twitterati says:

“Superb.. Same thing gonna happen like storm.. Which was freaking 200%”

According to CoinMarketCap, Omisego [OMG] is currently trading at $21.06 with a market cap of $2 billion and has seen a significant rise of more than 26% in the past 24 hours and a 9% rise in the past hour. Kyber Network [KNC] is currently trading at $3.10 with a market cap of $451 million and has seen a significant rise of more than 58% in the past 24 hours and more than 5% in the past hour.

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Prerana Sarkar is a part of AMBCrypto's News Reporting Team from January 2018. She is a Journalism major from Mount Carmel with two years of writing experience in Bitcoin and Blockchain related articles. Prerana does not hold any value in cryptocurrency or its projects


EOS, Tron [TRX] and Ethereum [ETH] are top three cryptocurrencies, says China’s CCID Group

Akash Anand



EOS, Tron [TRX] and Ethereum [ETH] adjudged top three cryptocurrencies by China's CCID Group
Source: Pixabay

Analysis of the cryptocurrency market by various global entities has been a standard procedure for a lot of organizations to keep track of the updates and developments in the field. One such major analyst is China’s CCID Group, which works under the Xi Jinping-led country’s Ministry of Industry & IT [MIIT].

In the latest edition of CCID’s Global Public Blockchain Technology Assessment Index, it was stated that EOS retained its title as the best cryptocurrency according to three factors assigned by CCID. The three factors were basic technology, applicability, and creativity, criteria that are aimed at assessing the most effective digital assets in the market right now.

In terms of basic technology, EOS scored a whopping 103.7, making it the only cryptocurrency to breach the 100-mark. It received a score of 20.2 and 24.7 when it came to applicability and creativity, respectively. The surprising result of this assessment was that Bitcoin [BTC], the largest cryptocurrency on the charts, did not even feature in the top-10 of the CCID rankings.

According to the analysis, Tron came in second with a Basic tech score of 95.6 and an applicability score of 24.3. Tron CEO Justin Sun had stated multiple times that EOS and Ethereum were Tron’s biggest competitors, but it turns out that it had the lowest creativity score among the three, clocking 24.1 to Ethereum’s 31.0.

The third-ranked cryptocurrency was Ethereum [ETH], sticking to the trend as all the three cryptocurrencies were focusing on DApps. Despite being third in the rankings, Ethereum had the lowest basic tech score, with its 76.6 being lower than that of relatively smaller coins like Steem and Ontology.

There seem to be some connection with DApps and the CCID rankings as these applications slowly entered the main fore in the cryptocurrency environment. Sources informed that Tron DApps had recently surpassed that of Ethereum and EOS in terms of weekly active and new users.

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