OMG Network (OMG) Reaches 24 Hour Trading Volume of $18.11 Million

OMG Network (OMG) traded 9.2% lower against the U.S. dollar during the one day period ending at 7:00 AM ET on April 25th. Over the last week, OMG Network has traded up 2.3% against the U.S. dollar. One OMG Network token can currently be bought for $0.65 or 0.00001022 BTC on popular cryptocurrency exchanges. OMG Network has a market capitalization of $91.39 million and approximately $18.11 million worth of OMG Network was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 10% lower against the dollar and now trades at $35.15 or 0.00055153 BTC.
• NEAR Protocol (NEAR) traded 5.3% lower against the dollar and now trades at $6.67 or 0.00010464 BTC.
• Internet Computer (ICP) traded 7.8% lower against the dollar and now trades at $13.52 or 0.00021209 BTC.
• Hedera (HBAR) traded down 13% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Cronos (CRO) traded 4.7% lower against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Cosmos (ATOM) traded down 5.9% against the dollar and now trades at $8.31 or 0.00013032 BTC.
• Fetch.ai (FET) traded 11.2% lower against the dollar and now trades at $2.25 or 0.00003523 BTC.
• Algorand (ALGO) traded 11.8% lower against the dollar and now trades at $0.20 or 0.00000317 BTC.
• Akash Network (AKT) traded down 10.1% against the dollar and now trades at $4.70 or 0.00007390 BTC.
• Kava (KAVA) traded 7.9% lower against the dollar and now trades at $0.71 or 0.00001110 BTC.

OMG Network Token Profile

OMG uses the hashing algorithm. It launched on 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 official website for OMG Network is omg.network. The Reddit community for OMG Network is https://reddit.com/r/omgnetwork and the currency’s Github account can be viewed here.

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 presently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView