Latest Nomina (NOM) Price Analysis

By CMC AI
02 October 2025 04:04PM (UTC+0)

Why is NOM’s price down today? (02/10/2025)

TLDR

Nomina (NOM) fell 11.30% over the last 24h, extending a 22.65% weekly decline amid broader crypto gains (+2.14%). Key factors:

  1. Post-Swap Sell Pressure – Major exchanges completed OMNI→NOM conversions, triggering profit-taking.

  2. Oversold Technicals – RSI7 at 27.25 signals exhaustion, but weak momentum persists.

  3. Delisting Overhang – Gate.io’s June 2025 NOM delisting still weighs on sentiment.

Deep Dive

1. Post-Rebrand Liquidation (Bearish Impact)

Overview: Exchanges like KuCoin, OrangeX, and BloFin finalized OMNI-to-NOM token swaps (1:75 ratio) by September 29–30, 2025. Post-conversion, some holders likely sold NOM to lock gains or reduce exposure to the rebranded asset.

What this means: Token swaps often create temporary supply gluts, especially when exchanges delist the old token (OMNI) and list the new one (NOM) with diluted per-token value. NOM’s 24h trading volume fell 30.49% to $51.2M, signaling fading interest post-swap.

2. Technical Breakdown (Mixed Impact)

Overview: NOM’s 7-day RSI hit 27.25 (oversold), while its price trades 18.4% below the 7-day SMA ($0.04793).

What this means: Oversold conditions could hint at a near-term bounce, but the lack of bullish divergence in MACD/RSI suggests weak buying conviction. A sustained break below the $0.04 psychological level might accelerate declines.

What to look out for: A close above the 7-day SMA ($0.04793) to confirm reversal potential.

3. Legacy Delisting Risks (Bearish Impact)

Overview: Gate.io delisted NOM in June 2025, citing low liquidity, and other exchanges like Hotcoin paused futures trading for OMNI/NOM in September.

What this means: These events eroded long-term holder confidence, compounding sell pressure during the swap. NOM’s market cap dominance remains near 0%, reflecting its niche, high-risk profile.

Conclusion

NOM’s drop stems from post-rebrand profit-taking, weak technical structure, and lingering distrust from past exchange delistings. While oversold signals hint at stabilization risks, the absence of fresh catalysts suggests caution.

Key watch: Can NOM hold $0.035–a level last seen pre-rebrand–to avoid a full retrace of its swap-driven September gains?

Why is NOM’s price up today? (01/10/2025)

TLDR

Nomina (NOM) rose 2.23% in the past 24h, diverging from a -0.72% global crypto market dip. Key drivers:

  1. Token swap completion – Exchanges like KuCoin finalized OMNI→NOM conversions (1:75 ratio), boosting demand.

  2. Post-rebrand momentum – Continued interest after September’s rebranding-driven 6% OMNI rally.

  3. Volume surge – Trading activity spiked 639% as NOM listings went live.


Deep Dive

1. Token Swap Finalization (Bullish Impact)

Overview: Major exchanges (KuCoin, Bitvavo, BloFin) completed automatic OMNI-to-NOM swaps by October 1, 2025, after suspending OMNI trading and deposits in late September. This eliminated OMNI sell pressure while creating fresh NOM liquidity.
What this means: The 1:75 conversion ratio increased NOM’s circulating supply but aligned with planned tokenomics. Holders avoiding delisting deadlines likely held or rebalanced, reducing immediate sell-offs.

2. Rebranding Momentum (Mixed Impact)

Overview: NOM’s 24h gain extends a September 16 surge when Omni Labs rebranded as Nomina, pitching Ethereum L1 interoperability.
What this means: Initial hype cooled (-9.22% over 7 days), but swap completion revived speculative interest. Technical charts from September 16 noted resistance at $3.60 (now ~$0.05 post-swap), showing rebrand-driven volatility.

3. Liquidity & Volume Dynamics (Bullish Impact)

Overview: NOM’s 24h volume surged 639% to $3.53M as exchanges like OrangeX launched NOM/USDT trading with 25x leverage on October 1.
What this means: Higher liquidity reduced slippage risks, attracting short-term traders. The turnover ratio (0.0238) remains low, signaling room for volatility as markets digest the new token.


Conclusion

NOM’s uptick reflects swap-driven liquidity injections and residual rebrand optimism, though broader market caution persists. Key watch: Can NOM hold above $0.05 if global crypto sentiment shifts from neutral to fear? Monitor exchange-specific NOM/USDT order books for sustained demand.

CMC AI can make mistakes. Not financial advice.