OMG Network Reaches Market Capitalization of $95.31 Million (OMG)

OMG Network (OMG) traded down 3.7% against the US dollar during the 1-day period ending at 12:00 PM ET on April 24th. One OMG Network token can currently be bought for about $0.68 or 0.00001050 BTC on exchanges. During the last seven days, OMG Network has traded up 12.7% against the US dollar. OMG Network has a total market capitalization of $95.31 million and $16.00 million worth of OMG Network was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 5.2% lower against the dollar and now trades at $36.96 or 0.00057120 BTC.
• NEAR Protocol (NEAR) traded 1% lower against the dollar and now trades at $6.98 or 0.00010792 BTC.
• Internet Computer (ICP) traded 5.8% lower against the dollar and now trades at $13.90 or 0.00021487 BTC.
• Hedera (HBAR) traded up 30.8% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cronos (CRO) traded 3.8% lower against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Cosmos (ATOM) traded 3.1% lower against the dollar and now trades at $8.52 or 0.00013169 BTC.
• Fetch.ai (FET) traded 1.7% lower against the dollar and now trades at $2.43 or 0.00003762 BTC.
• Algorand (ALGO) traded 12.5% higher against the dollar and now trades at $0.22 or 0.00000335 BTC.
• Akash Network (AKT) traded down 6.3% against the dollar and now trades at $4.93 or 0.00007566 BTC.
• Kava (KAVA) traded 0.8% lower against the dollar and now trades at $0.74 or 0.00001147 BTC.

About OMG Network

OMG Network (OMG) uses the hashing algorithm. Its genesis date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The Reddit community for OMG Network is https://reddit.com/r/omgnetwork and the currency’s Github account can be viewed here. OMG Network’s official website is omg.network.

According to CryptoCompare, “OMG Network (OMG) is a decentralized, public network built to enable high throughput, low-cost peer-to-peer transactions. Leveraging Layer-2 Plasma architecture, it provides scalability and strong safety guarantees for building decentralized payment apps on Ethereum. $OMG is the native token used for transactions and paying fees on the network. The Community Points Engine (CPE) allows communities to create scalable points and rewards systems using the network in a trustless manner. The project was founded by Jun Hasegawa and Ezra Don Harinsut in 2013.”

OMG Network Token Trading

It is usually not possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView