Overview

• Trading began at 18:30 KST on July 29 and OMNI’s price climbed roughly 90–130%, reaching between $5.40 and $6.40 as of July 30
• Spot trading volume surged by an estimated 150–455% as investors rushed into the new KRW market
• Buy orders were restricted for the first five minutes; sell orders priced over 10% below the previous close were barred during that period; only limit orders were permitted for two hours
• Technical indicators have reached overbought levels, with the RSI above 91, expanded Bollinger Bands and a bullish MACD crossover
• Analysts warn that overextended momentum and elevated volatility could prompt a near-term pullback