USDT-OMG market added to Bittrex cryptocurrency exchange

in #cryptocurrency7 years ago

A new market pair was added to Bittrex today: USD Tether-OmiseGo.

Why is this such a big deal?

The last time a new USDT-cryptocurrency pair was added to Bittrex was on August 4th: USDT-NEO.

USDT-NEO_Aug-4_to_present.png
Fig. 1. USDT-NEO, daily prices since August 4th, 2017.

Within about 10 days from the creation of USDT-NEO market, the price of NEO went up from $10 to $50.

Guess what? $OMG price today is about $10. Will history repeat itself?