2 min read

Having registered a stellar performance at the beginning of February, the cryptocurrency could be on its way to doubling its all-time high value in the coming weeks.

Buying a fuck ton of $OGN here Sell target x2, ATH Stoploss: Ledger/homeless Finish me pic.twitter.com/IdBkstaNhY — Mac ❄️🐺 (CEO of $OGN the next $MATIC) (@MacnBTC) February 26, 2020

In its short-trading period, Origin Protocol has managed to keep its traders excited. The initial rise was probably a test on the market. The trial will likely recur in a short period, given the platform’s growing popularity.

Moreover, having tested such heights just a month after it started trading, the cryptocurrency showed its potential to grow exponentially.

Removing Middlemen

Most services are now making the whole trading process as efficient as possible. Intermediaries are being phased out in almost every industry due to the high markups they charge.

Origin is attempting to phase out intermediaries by offering a marketplace where buyers and sellers can securely meet to conduct their trading activities. The marketplace promises better prices for both the buyers and sellers, given that intermediaries and their markups have been removed from the trading process.

Lucrative Set-Up

Its services are making the platform a lucrative prospect for traders who are thinking about the future of the global economy. As more activities move to digital platforms, investing in projects such as Origin Protocol is a strategic move, especially now that more enterprises are looking to adopt blockchain technology.

However, traders also must be cautious of the investments they are making. The price of Ocean Protocol (OGN) is likely to be influenced by the price of Bitcoin. If the latest trends are anything to go by, traders may have to wait longer to achieve the profit levels they target.

Featured Image Source: WallpaperAccess