What is Doge Eat Doge (OMNOM) crypto coin? A real look at the meme coin with no future

Ever heard of Doge Eat Doge, or OMNOM? It’s a crypto coin that sounds like a joke - and honestly, it is. You won’t find it on Coinbase. You won’t see it on CNN. You won’t even find a real team behind it. But if you scroll through Twitter or crypto forums, you might stumble across someone hyping it up as the "next Dogecoin." Don’t fall for it.

What even is OMNOM?

Doge Eat Doge (OMNOM) is an ERC-20 token on the Ethereum blockchain. That means it runs on the same network as Ethereum and other tokens like Chainlink or Uniswap. But unlike those projects, OMNOM has no whitepaper, no website, no roadmap, and no developers. There’s no GitHub repo. No Discord server. No official announcements. Just a contract address: 0xe3fcA919883950c5cD468156392a6477Ff5d18de.

It was likely created in 2023 by someone who wanted to ride the meme coin wave after Dogecoin and Shiba Inu blew up. It has a total supply of one quadrillion tokens - that’s 1,000,000,000,000,000. That sounds huge, right? But here’s the catch: most of those tokens are stuck in a few wallets. According to Etherscan data, 87% of all OMNOM is held by just the top 10 wallets. That’s not decentralization. That’s a pump-and-dump waiting to happen.

How much is OMNOM worth?

As of October 2024, OMNOM trades between $0.000000007 and $0.000000009. That’s less than one-billionth of a dollar. You’d need over 110 billion tokens to make a single dollar. And even then, you couldn’t sell them easily.

The 24-hour trading volume is around $60,000. That’s tiny. For comparison, Dogecoin trades over $1 billion in a day. With such low volume, even a small buy order can spike the price - and then the whales sell. That’s exactly what happened in early 2024, when OMNOM briefly hit $0.0000002. That’s a 2,500% jump from its starting price. Then it crashed 93% over the next few months.

Price prediction sites like TradingBeast and PricePrediction.net say OMNOM might hit $0.00000002 by 2026. That’s a 150% increase from current levels. Sounds good? Not really. That’s still less than a penny per 100 million tokens. You’d need to hold billions just to make $1. And even that prediction assumes the token survives at all.

Why does OMNOM even exist?

It exists because people still believe in lottery tickets disguised as investments. There’s no utility. No real-world use. No company behind it. No team updating the code. No community building anything. It’s just a number on a blockchain with a funny name and a meme logo.

It’s part of a bigger problem. Over 60% of all ERC-20 tokens are like this - low-cap meme coins with no purpose. Messari’s 2024 report calls them "speculative debris." They make up 92% of new tokens launched each year, but they’re worth less than 0.1% of the entire crypto market. Most die within 18 months. OMNOM is already 15 months old and showing all the signs: declining volume, falling price, zero development.

Where can you trade OMNOM?

You can buy OMNOM on MEXC Global, a lesser-known exchange that lists hundreds of obscure tokens. You won’t find it on Binance, Kraken, or Coinbase. Why? Because those platforms have strict listing rules. MEXC doesn’t. That’s a red flag. If a coin is only on one or two sketchy exchanges, it’s not a serious asset. It’s a gamble.

And even if you buy it, selling is risky. With only $60,000 traded in 24 hours, if you try to sell 10 million tokens, you’ll crash the price. You’ll end up selling at a fraction of what you paid. That’s called slippage - and it’s deadly for small investors.

Who’s behind OMNOM?

No one knows. No one has claimed ownership. No team has been named. No developer has posted on GitHub. No lawyer has filed paperwork. The contract was deployed, the tokens were minted, and then silence. That’s not how legitimate projects work. Even Dogecoin had a community. Shiba Inu had a team that launched a decentralized exchange and NFT collection. OMNOM? Nothing.

There’s no audit. No security review. No transparency. The contract could be rigged. The devs could have a backdoor to drain all the tokens. Or worse - they already did. Many meme coins vanish after a quick pump. The creators disappear with the money. That’s called a rug pull. And OMNOM has all the warning signs.

Is OMNOM a good investment?

No. Not even close.

It’s not a bad investment because it’s risky. It’s a bad investment because it has zero chance of ever becoming anything meaningful. There’s no growth story. No adoption. No innovation. Just speculation.

If you’re thinking of buying OMNOM because you saw a post saying "100x possible," you’re not investing - you’re gambling. And the odds are stacked against you. The token’s price has dropped 47% in the last year. It’s losing value against Bitcoin and Ethereum every day. The community is invisible. The liquidity is microscopic. The market cap is $4.8 million - less than the cost of a small startup’s server bill.

Delphi Digital’s 2024 report says 92% of meme coins under $10 million fail within 18 months. OMNOM is already 15 months in. The data doesn’t lie.

What should you do instead?

If you want to get into meme coins, stick to the ones with real communities and history: Dogecoin, Shiba Inu, Pepe. They’ve survived multiple market cycles. They have active developers, social media followings, and even charity initiatives. They’re still risky - but at least they’re not ghosts.

If you’re looking for real crypto value, focus on projects with working products: Ethereum, Solana, Polkadot. Or even stablecoins like USDC. They don’t promise 100x returns. But they don’t vanish overnight either.

OMNOM is a digital ghost town. No one’s home. No one’s building. No one’s talking. Just a price chart that goes up for a few days, then crashes harder every time.

Final word: Don’t touch it

There’s no reason to own Doge Eat Doge. Not for trading. Not for holding. Not for fun. It’s a low-liquidity, high-risk token with no future. The only people who profit from it are the ones who bought early and sold before the crash - and they’re long gone.

If you see someone pushing OMNOM on social media, ask them: "Where’s the team? Where’s the code? Where’s the plan?" If they can’t answer, walk away. Your money will thank you.