OmiseGo (OMG) is on the rise as major crypto exchanges show support for the $BOBA Airdrop scheduled to take place on November 19. In the last 24 hours, OMG has gone up by about 19% continuing with the bullish trend that started on July 19, this year. The OMG price currently is edging towards $20 and the market will potentially have a strong support level. What Is OmiseGo ($OMG)? The OmiseGo network is an Ethereum-based financial technology that enables real-time, peer-to-peer value exchange and payment. This network aims at helping users to transfer their ETH and ERC20 tokens at a cheaper and faster rate than the methods being used currently. The ETH and ERC20 tokens can also be used as a utility token for fees when making transactions on the OmiseGo network. What Is $BOBA? $BOBA is a new token launched by the OMG Foundation to support the Boba Network. According to BOBA Network\u2019s website, BOBA is: \u201cAn Ethereum Virtual Machine (EVM) compatible Layer 2 Optimistic Rollup that helps Ethereum smart contracts scale while delivering a delightful user experience.\u201d\u00a0 It allows developers to build decentralized applications (Dapps) that can run web-scale code on server-less infrastructures like AWS Lambda, this helps create complex applications that could be nearly impossible on-chain. The latest Airdrop announcement brought about publicity around this project and it\u2019s a brilliant way to inspire community interaction on the project and also spread the word about it. Why is $OMG soaring amid the $BOBA airdrop announcement? The $BOBA Token Airdrop is now being supported by major exchanges like crypo.com and Huobi after the airdrop was announced. https:\/\/twitter.com\/bobanetwork\/status\/1456002799037153282?s20 The Airdrop is scheduled to take place on November 19 and to participate one must hold OMG token (s). The post OmiseGo (OMG) soars as major exchanges support $BOBA airdrop appeared first on Coin Journal.