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Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon?

Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon?

CoineditionCoinedition2024/04/18 14:37
By:Victor Olanrewaju
  • The price prediction for OMNI in 2024 is a bullish projection of $66.35.
  • In 2027, the price of the cryptocurrency might fall and hit $56.
  • 2030 could be the year OMNI hits a triple-digit value, with predictions put at $103.

How much will OMNI be worth in the coming years? This is one question that must have been on the minds of investors willing to buy and hold the token. Well, there is a lot of optimism around the project especially as Coinbase confirmed its listing, and Binance also did the same.

But that is not a guarantee that the price would do well. While it can, it is important to analyze the potential. Here, Coin Edition explains the fundamentals and tokenomics behind Omni Network and the price predictions from 2024 to 2030.

Table of contents

  • Omni Network (OMNI) Real Time Market Status
  • What is Omni Network?
  • OMNI Current Market Status
  • Omni Network (OMNI) Price Analysis
    • Omni Network (OMNI) Price Analysis – Bollinger Bands
    • Omni Network (OMNI) Price Analysis – Relative Strength Index (RSI)
    • Omni Network (OMNI) Price Analysis – Moving Average Convergence Divergence
  • Omni Network (OMNI) Price Prediction 2024
    • Omni Network (OMNI) Price Prediction – Resistance and Support Levels
  • Omni Network (OMNI) Price Prediction 2025
  • Omni Network (OMNI) Price Prediction 2026
  • Omni Network (OMNI) Price Prediction 2027
  • Omni Network (OMNI) Price Prediction 2028
  • Omni Network (OMNI) Price Prediction 2029
  • Omni Network (OMNI) Price Prediction 2030
  • Omni Network (OMNI) Price Prediction 2040
  • Omni Network (OMNI) Price Prediction 2050
  • Conclusion
  • FAQs

Omni Network (OMNI) Real Time Market Status

🪙 Name Omni Network
💱 Symbol OMNI
🏅 Rank #234
💲 Price $25.5386087159
📊 Price Change (1h) 4.72 %
📊 Price Change (24h) -20.29 %
📊 Price Change (7d) -38.5 %
💵 Market Cap $265384248.162
💸 Circulating Supply 10391492 OMNI
💰 Total Supply 100000000 OMNI

Omni Network (OMNI) is currently trading at $25.5386087159 and sits at number #234 on CoinMarketCap in terms of market capitalization. There are 10391492 OMNI coins currently in circulation, bringing the total market cap to $265384248.162.

Over the past 24 hours, Omni Network has decreased by 20.29%. Looking at the last week, the coin is down by 38.5%.

What is Omni Network?

Omni Network was created to solve some challenges existing with Ethereum (ETH) rollups. With its interoperability capability, Omni Network addresses the fragmentation problems faced by layer-2 projects on the Ethereum blockchain.

The project does this by providing developers with a platform to launch secure Ethereum applications using EigenLayer Staking. Interestingly, some of the biggest capitalist ventures back the projects. Examples include Coinbase Ventures, Pantera, and Spartan Group. Binance, the world’s largest exchange, also supports Omni.

OMNI Current Market Status

OMNI’s price at press time was $23.69. This value was an incredible 42.95% decrease in the last 24 hours. However, you can blame the network for the decline as it recently just airdropped some tokens to those who staked for rewards. Hence, it was expected to undergo some form of selling pressure.

The 24-hour trading volume of the cryptocurrency was over $559 million as of this writing. Its market cap was $245.86 million. However, OMNI has a maximum supply of 100 million tokens, of which a little over 10% was circulating. You can buy OMNI on Coinbase, Binance, Crypto.com, HTX, and a host of other exchanges.

Omni Network (OMNI) Price Analysis

Before its launch, there was a lot of hype around OMNI, and for many market participants, the project launched at a good price. Besides that, the fact that the market cap was less than $500 million has triggered some sort of confidence that the token would do well in the long run.

But all of these are opinions and hearsay. Here, Coin Edition analyzes the price of OMNI from a short-term perspective. You will also learn about the price predictions from 2024 to 2030. Read on.

Omni Network (OMNI) Price Analysis – Bollinger Bands

On the 15-minute OMNI/USD timeframe, the Bollinger Bands (BB) showed low volatility. This was surprising considering that most new projects come with an extremely volatile nature when they first launch.

However, the BB also indicated that OMNI could be oversold as the lower band hit the token’s current price. As such, mild buying pressure could trigger an upswing that could drive OMNI back above $26 in a few days.

Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 0 Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 1 OMNI/USD 15-Minute Chart (Source: TradingView )

Omni Network (OMNI) Price Analysis – Relative Strength Index (RSI)

As per the Relative Strength Index (RSI), the chart below revealed that the indicator has been in the bearish zone for hours. This was a sign that OMNI’s price might not make a significant northward move as bulls were not in control of the price action.

From a bearish point of view, OMNI might keep trading between $22 and $26 in the meantime. Unless a wave of buying pressure appears, the price action could be unimpressive in the short term.

Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 2 Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 3 OMNI/USD 15-Minute Chart (Source: TradingView )

Omni Network (OMNI) Price Analysis – Moving Average Convergence Divergence

The Moving Average Convergence Divergence (MACD) displayed a different signal from what the RSI and BB showed. As of this writing, the MACD was positive, indicating a rising bullish momentum.

However, OMNI could face a hindrance in validating the bias. This was because of the 12 (blue) and 26 (orange) EMAs which were following the same path. A movement like that suggests that sellers were not giving buyers any breathing space. Therefore, a notable uptrend might not be the case very soon but OMNI’s price might rise in the $25 to $26 direction.

Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 4 Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 5 OMNI/USD 15-Minute Chart (Source: TradingView )

Omni Network (OMNI) Price Prediction 2024

Indications from the 5-minute chart were a bit different from what the 15-minute timeframe showed. At press time, OMNI had formed a descending channel which was proof of the intense selling pressure.

However, the pattern also showed that sellers were getting exhausted a bounce of the lows could be next. This was further reinforced by the Awesome Oscillator (AO) which left the negative region to rise in positive territory.

Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 6 Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 7 OMNI/USD 5-Minute Chart (Source: TradingView )

In the near term, the Fibonacci indicator suggested that OMNI could rise as high as $31.84. But before the end of 2024, the price could be higher. Should the market remain bullish for most of the year, OMNI’s price could be worth $66.35 by the end of 2024.

Omni Network (OMNI) Price Prediction – Resistance and Support Levels

Accoridng to our analysis, bulls seemed determined to push OMNI’s price back higher. This was evident from the support created at $24.16. As of this writing, the efforts have started to yield results but a hurdle above the current price might drive OMNI back.

To the upside, there was a crucial resistance at $26.51. The ability to clear this path could send OMNI toward $30. Failure to neutralize a possible rejection might cause a 15% decline for the token.

However, if the breakout is successful, OMNI might not find it easy to rise past $29.48 as bears had camped at the point to resist any further upswing.

Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 8 Omni Network (OMNI) Price Prediction 2024-2030: Will OMNI Price Hit $100 Soon? image 9 OMNI/USD 5-Minute Chart (Source: TradingView )

Omni Network (OMNI) Price Prediction 2025

The price of OMNI could be much higher in 2025 than it could be by the end of 2024. One of the reasons for this project is the fundamentals behind the project. For some time, staking and restaking has been a buzzing narrative in the Ethereum ecosystem.

Going forward, the hype around this could even get better, and since Omni Network operates around this part, its token could gain from it. Therefore, OMNI could hit $75 by 2025.

Omni Network (OMNI) Price Prediction 2026

By 2026, OMNI might not slow down its bullish momentum. However, the price of the cryptocurrency might swing sideways at some point. Nonetheless, it is expected that the value of the token could hit $83.50 in 2026.

Omni Network (OMNI) Price Prediction 2027

In 2027, the price of OMNI might not be as great as the performance of 2024 to 2026. This is because some nations might face economic problems by that time. As a result, a lot of liquidity could be removed from the crypto market, and OMNI’s price could be affected. Hence, the 2027 price prediction might be $56.

Omni Network (OMNI) Price Prediction 2028

OMNI could bounce from the bearish phase in 2028. Various forecasts show that this particular year could be bullish for the entire crypto market, and OMNI might not be exempted. Therefore, the price might rally back to $78.

Omni Network (OMNI) Price Prediction 2029

The price of OMNI could continue its rally by 2029. This time, the average increase on a Year-To-Date (YTD) might not be as high as the previous years, leaving the prediction at $85.

Omni Network (OMNI) Price Prediction 2030

By 2030, OMNI’s price could leave the double-digits value, and rise into the triple-digits zone. Thus, the price predictions for 2030 could be $103.

Omni Network (OMNI) Price Prediction 2040

2040 might also be a good year for OMNI. But between the run from 2030 to 2040, the price might undergo some form of correction. But in the end, OMNI might rise to $135.35.

Minimum Price  Average Price Maximum Price
$94.10 $100.53 $135.35

Omni Network (OMNI) Price Prediction 2050

OMNI’s price predictions for 2050 might not send the token to the $200 region. However, a bullish run is expected, which could place its maximum price at $189.45.

Minimum Price  Average Price Maximum Price
$118.53 $152.94 $189.45

Conclusion

Finally, it is necessary to keep in mind that Omni Network being a new project does not mean it would outperform other assets this cycle. Though it has the potential, the possibility also depends on other factors like demand for the token, liquidity, its market cap, and the like. As such, traders might need to watch out for these metrics before investing in the token.

FAQs

What is OMNI?

OMNI is the native token of Omni Network, a project built to address the fragmentation challenges faced by layer-2 networks on the Ethereum blockchain.

How do you buy OMNI?

You can buy OMNI directly on exchanges. Some of the platforms to buy OMNI include Binance, Coinbase, HTX, Bybit, and more.

Is OMNI a good investment?

It is too early to say if OMNI as it just launched. From its fundamentals, one can tell that its use cases could be one Ethereum users could demand in the long run. If this is the case, the value of OMNI might rise higher than its current price, and it could be a good investment. However, it is important to note that this might take weeks or some months before the investment starts to yield good returns.

What is OMNI’s all-time high?

OMNI’s all-time high was $47.86 on April 17, 2024.

Will OMNI reach $100 soon?

OMNI’s significant correction might have cast doubt on the potential of the token. But reaching $100 could be possible for the token. For instance, the project launched at a price close to $50. Therefore, if it retests its previous high, rallying to $100 could become easy.

What is the maximum supply of OMNI?

The maximum supply of OMNI is 100 million tokens.

Will OMNI surpass its current ATH?

OMNI can surpass its current ATH. However, this might not be in the short term. One of the reasons for this project is the Bitcoin (BTC) halving which would be live in less than 48 hours. Historically, the event comes with a lot of volatility, and prices of many cryptocurrencies could see more downside. But in the long term, OMNI surpassing its ATH could be non-negotiable.

What is the lowest price of OMNI?

The lowest price of OMNI is $22.90.

Who is the founder of OMNI?

Tyler Tasi and Austin King, both based in New York, are the founders of Omni.

Which year was OMNI launched?

OMNI was launched in 2024.

How do I store OMNI?

You can store OMNI on a multichain wallet like Meta Mask or Trust Wallet. On the other hand, you can decide to store your tokens on exchanges or find a hardware wallet to move them to.

What will be the price of OMNI in 2024?

By December 2024, OMNI could be worth $66.35.

What will be the price of OMNI in 2025?

The price of OMNI could hit $75 in 2025.

What will be the price of OMNI in 2026?

OMNI’s price could be $83.50 in 2026.

What will be the price of OMNI in 2027?

The price of OMNI might shrink to $56 in 2027.

What will be the price of OMNI in 2028?

OMNI’s price could be $78 by the end of 2028.

What will be the price of OMNI in 2029?

It is expected that OMNI might hit $85 in 2029.

What will be the price of OMNI in 2030?

The price of OMNI in 2030 might be $103.

What will be the price of OMNI in 2040?

The price of OMNI might hit $135.35 in 2040.

What will be the price of OMNI in 2050?

OMNI’s price could be $189.45 in 2050.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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