Is Olympus Setting Up To Hit A New Highs This Month?

Today’s decentralized reserve currency protocol Olympus (OHM) dramatically slumped by 10% over the last 24 hours. It slightly recovered after a couple of hours. Currently, it is trading at $876.82 with a market cap of $2,046,619,678. The current ranking is #70, with a live trading volume of $54,124,272. Besides, Olympus claims to have raised over $150 million in assets since launching the bonds program six months ago.

Olympus also introduces unique economic and game-theoretic dynamics to the market through betting and links. Olympus aims to create a policy-driven monetary system in which the behavior of the OHM token is controlled at a high DAO level. In the long term, she believes that the system can be optimized to ensure stability and consistency so that OHM can function as a global unit of account and a means of currency exchange. In the short term, he seeks to optimize the system for growth and wealth creation.