There are cycles in crypto and OmiseGo will be part of the post-Bitcon-consolidation altcoin rally. Remember, with all the fear that Bitcoin is too slow to serve as a currency and too political to serve as a store of wealth; OmiseGo has positive press in both aspects. On the one hand, OmiseGo still has a partnership with McDonald's and is used - right now today - as a means of exchange. On the other hand, OmiseGo's mission statement is to, "Unbank the Banked" and they occupy a very large, relatively tech savvy and industrious region of the world, "Thailand, Japan, Singapore, and Indonesia, with rapid expansion plans to neighboring countries across Asia-Pacific."
I believe it's time again for these types of coins to make a resurgence in price. However, what do I know? I am not to be trusted because I have no vaild insight and these statements should not be considered actionable or sane advice in any instance. Disregard this analysis as not usable. Cheers.
I have not changed my opinion in regard to price outlook for OmiseGo for the time being and will continue the trade from here. This company has come serious marketing wizards and community support. I'm banking on that at least.
The crash in price that occurred right after this post was quite small in comparison to the other two that have occurred in the past week. OMG, this guy's going higher.
I'll stick with the above analysis. The same thing happened with a XMR chart of mine here on Trading view, but look what happened after... we'll see...