Jan. 8 information from CoinGecko reports that Omnicat, an omni-chain meme coin, is the highest trending coin with a 49.3% price acquire within the final 24 hours.
Presently obtainable on Ethereum, Arbitrum, Solana, Polygon, Canto, BSC, and Base, six EVM chains energy the meme coin and Solana, permitting customers to bridge and arbitrage throughout all seven swimming pools on every ecosystem utilizing the OFT normal developed by LayerZero.
On the time of writing, the stay OmniCat (OMNI) price stands at $0.0006543, accompanied by a 24-hour buying and selling quantity of $6 million, reflecting a 49.3% improve within the final 24 hours. On the identical time, the coin is claimed to have skilled a 51% surge over the previous seven days, surpassing the general cryptocurrency market, which has skilled a 1.6% lower. Additionally it is outpacing comparable cryptocurrencies inside the Polygon Ecosystem, displaying no change of their worth.
Though there have been no notable bulletins on the mission’s official X account, it’s price noting that the price surge does comply with an incident on Dec. 25, the place the BSC community encountered a rug pull, a crypto time period denoting a fraudulent scheme whereby mission creators abruptly abandon it after gathering funds from traders.
On this occasion, OMNI fell sufferer to the scheme, resulting in the unauthorized acquisition of round 306,200 BUSD.