The past 24-hours have been quite dreadful for OMG Network’s token. The 77th ranked crypto shed more than 30% of its value in the aforementioned time window and was seen trading at merely $12.5 at the time of writing.
The dip was quite unanticipated, given the fact that the coin had just attained a recent high of $19.79 on 11 November.
Source: CoinMarketCap
However, market participants from one particular geographical area have the potential to change OMG’s downtrend narrative.
As per CryptoQuant’s
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