{"id":22547,"date":"2023-07-26T18:53:43","date_gmt":"2023-07-26T18:53:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/origin-protocol-ogn-soars-28-as-bitcoin-taps-29-3k\/"},"modified":"2023-07-26T18:53:43","modified_gmt":"2023-07-26T18:53:43","slug":"origin-protocol-ogn-soars-28-as-bitcoin-taps-29-3k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/origin-protocol-ogn-soars-28-as-bitcoin-taps-29-3k\/","title":{"rendered":"Origin Protocol (OGN) soars 28% as Bitcoin taps $29.3k"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/05\/1653600988430-86fe1e34-62a1-44f4-8f54-fe0b8b94e00c-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/05\/1653600988430-86fe1e34-62a1-44f4-8f54-fe0b8b94e00c-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/05\/1653600988430-86fe1e34-62a1-44f4-8f54-fe0b8b94e00c-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/05\/1653600988430-86fe1e34-62a1-44f4-8f54-fe0b8b94e00c-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Origin Protocol price rose to $0.12 as bulls gained by 28% to lead top altcoin gainers.<\/li>\n<li dir=\"ltr\">Elsewhere, Bitcoin price reached $29,328 as markets awaited Fed\u2019s 25 bps rate hike.<\/li>\n<\/ul>\n<p dir=\"ltr\">The price of <a href=\"https:\/\/coinjournal.net\/origin-protocol\/\">Origin Protocol<\/a>\u2019s native token OGN soared 28% to above $0.12 as a number of altcoins spiked ahead of Wednesday\u2019s rate hike by the Fed. As markets awaited the 25 basis point interest rate jump by the US Federal Reserve, <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a> rose to $29,328 across major exchanges.<\/p>\n<p dir=\"ltr\">OGN had traded to lows of $0.10 earlier in the day, but the gains put its value 50% in the green to see it lead the likes of Compound (COMP), Convex Finance (CVX) and Solana (SOL).<\/p>\n<h2 dir=\"ltr\">Why is OGN price rallying today?<\/h2>\n<p dir=\"ltr\">Most cryptocurrencies have seen uneventful action over the past 24 hours, and OGN\u2019s performance amid this broader lull is somewhat of an outlier.\u00a0<\/p>\n<p dir=\"ltr\">However, while there\u2019s hasn\u2019t been a particular Origin Protocol event or news to trigger the massive gains, it appears today\u2019s rally found legs on the back of increased interest in Ethereum liquid staking.<\/p>\n<p dir=\"ltr\">As staked ETH volumes have spiked since Ethereum\u2019s Shapella upgrade, so has a new subsector liquid staking token finance (LSTfi).\u00a0<\/p>\n<p dir=\"ltr\">One of the leading platforms for this has been Origin Ether (OETH). The protocol offers a liquid staking yield aggregator that has seen its total value locked (TVL) surpass <a href=\"https:\/\/defillama.com\/protocol\/origin-ether\" rel=\"noopener noreferrer\" target=\"_blank\">$84 million<\/a> within two months of its debut in the market.<\/p>\n<p dir=\"ltr\">Origin Ether has integrated with multiple DeFi dApps, including Lido, Rocket Pool, and Frax. This has added to its access across wallets, DEXs, yield farms and analytics pages.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/origin-protocols-ogn-spikes-28-as-bitcoin-taps-29-3k\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Origin Protocol price rose to $0.12 as bulls gained by 28% to lead top altcoin gainers. Elsewhere, Bitcoin price reached $29,328 as markets awaited Fed\u2019s 25 bps rate hike. The price of Origin Protocol\u2019s native token OGN soared 28% to above $0.12 as [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22547"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=22547"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/22547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/22548"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=22547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=22547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=22547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}