Over the past seven days, Ontology (ONT) is one of the largest gainers in the crypto space – with an increase of more than 40 percent. The increase in its value is as a result of the forthcoming ontology Mainnet launch scheduled to hold on the 19th of August at 4:30 am UTC.
As the time of the launch approaches, chances are the value of the coin will continue to surge higher than other coins in the market. Listed below are some of the reasons why you should invest in the coin this weekend.
Ontology Mainnet Launch Will Hold this Weekend
Normally, weekends are usually dull because investors are engaged in other activities. In bearish periods like this, the value of digital currencies tends to plunge because key players take advantage of the low trading volumes. As such, as ontology Mainnet is scheduled to hold this weekend, it will be the only digital currency that has big news coming up.
This means that large investors that want to dodge the uncertainty posed by digital currencies on weekends, could invest heavily in Ontology (ONT). This will increase the demand for the coin and cause an increase in its value.
The Mainnet Launch Will Hold in Seoul South Korea
South Korea is one of the world’s biggest digital currency market, and it accounts for a significant fraction of the world trading volumes. Investors in South Korea that are looking for high gains this weekend are all focused on Ontology (ONT). An influx of investors in South Korea could also increase the value of the digital currency over the weekend.
Ontology (ONT) Price Today – ONT / USD
At the time of writing, Ontology (ONT) is trading at $2.19 after an increase of about 9 percent over the past twenty-four hours. The current market cap of the digital currency is $331.90 million and a trading volume of $190.16 million over the past twenty-four hours.