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Ormeus Coin (ORME)

Market Cap

$541,409 USD

Volume (24h)

$5,093 USD

3.1
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Ormeus Coin Markets Rank: 4/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Ormeus Coin Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Ormeus Coin Market Cap Rank: 70/100

  • 24h Change

    Is the price moving up or down?

    Ormeus Coin 24h Change Rank: 47/100

  • Social Following

    How many users are following this coin?

    Ormeus Coin Social Following Rank: 70/100

  • Google Trends

    How many users are searching for the coin?

    Ormeus Coin Google Trends Rank: 16/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Ormeus Coin Twitter Citation Rank: 1/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Ormeus Coin User Voting Rank: 87/100

Ormeus Coin investment analysis

Though a little misleading thanks to the name, this is not a coin but actually a token. This token actually backs a cryptocurrency mining operation. If you've ever wanted to invest in a mining operation without the headaches of running or managing the equipment or the upfront cost, then an Ormeus Coin investment may be interesting to you.

The token is actually backed by the mining profits, making it a little different than the cryptocurrencies you may be used to. In this case, you could possibly even consider this asset to be more like investing in a company's stock in a traditional financial market.

Currently, this company has mining rigs which mine Dash, Bitcoin and Litecoin. They have also promised to reinvest 40% of the take back into additional mining hardware. That means your investment should also benefit from this.

The value of the mining operation is tied to the token using self-executing smart contracts and an interesting reserve vault scheme. As of February 2018, the project claims to mine over $8 million dollars worth of cryptocurrency.

current price
$0.015079
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+466.4%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.085412
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

499/2165
by Safety
289/2165
by Profit
historical data

How to buy Ormeus Coin?

Investors can buy Ormeus Coin on several exchanges. That makes it very convenient for investors to begin investing in this token. There's also lots of healthy trading volume here, and that's good news. Investors will be able to quickly and easily execute a trade here for a good price. The highest value trading pair is Bitcoin, but USDT is also a viable option if you would prefer to use that pairing instead.

This is an ERC20 token, and that means investors will need to find a good Ethereum wallet to store their investment in. This is not a difficult task. Wallets for these kinds of tokens are very popular, and that means there are many options for cryptocurrency enthusiasts to choose from including My Ether Wallet, Coinomi, Jaxx and Meta Mask. Any of these would make an excellent choice, and the decision will mostly be up to your personal preference. Always be sure to make a safe backup of your wallet so that you can restore access to your funds if you experience any issues.

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Is it safe to invest in ORME now?

If we look at the Ormeus Coin analysis we can see that this asset is performing nicely in several categories. They have excellent movement in social media and search trends. This means that people are spending a good deal of time searching for this asset and finding out information about it.

Much of this is due to the interesting concept of having a cryptocurrency that is tied to profits from a business, which is not something that has been widely done as of yet. This has earned them a good deal of press surrounding their product, and it could be a way that those who are not technically inclined may decide to get into cryptocurrency minting themselves.

If you invest in ORME, you should keep in mind that while it is tied to the profits for a business, those are crypto profits. That means when the profits margins can swing wildly, and that could greatly affect the price of your investment. This type of token is also a pretty new and experimental cryptocurrency asset, and there could be some issues that are yet to be foreseen.

However, the price of this asset has taken a tumble thanks to the market downturn. That does not mean though that the company behind this asset is not still churning out mining profits, and they will likely spend that time investing in new minting equipment so they can be prepared when the market is in full swing again.

If you like the looks of this project, then this could be a good time to get a piece of the pie before the price goes up. There's still plenty of profits to be made in minting, at least for the people who are ready to put up the capital to control a big share of the pool's hash rate.

In the future, it could be possible that many people invest in cryptocurrency creation this way, and this is your chance to be ahead of the curve.

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