OMG Price Doubles as DeFi and Record Ethereum Fees Create ‘Perfect Storm’

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The native token for OMG Network has more than doubled in the past week as record Ethereum fees lead some investors to look to layer-2 solutions.

Additional reporting by Omkar Godbole.

CORRECTION (Aug 20, 09:30 UTC): A previous version of this article referred to OMG Network by its old name OmiseGo, this has since been corrected.



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