When taking into account only the price action of OmiseGo (OMG), the coin proves to be neither overly promising nor disappointing. For the most part of the previous year, it has been just average. OMG did lose 55% over that period of time, with the hardest losses obtained during the Black Thursday, but so did the overwhelming majority of other cryptocurrencies.
On the macro level, OmiseGo remains near the very bottom - as of the time of writing, OMG is priced at $0.72, whereas its all-time low stands at $0.31, recorded in June 2017. Basically, it means two things: the coin displays relative durability during market crises, but it still has plenty of room to fall to the psychological barrier that is the all-time low, which most coins have already passed during the coronavirus crash. Traders should consider both these scenarios when devising their strategies.