OMG Network Price Tops $0.72 on Major Exchanges (OMG)

OMG Network (OMG) traded 2.4% lower against the US dollar during the one day period ending at 14:00 PM ET on May 26th. One OMG Network token can now be purchased for approximately $0.72 or 0.00001048 BTC on popular exchanges. In the last seven days, OMG Network has traded 12.4% higher against the US dollar. OMG Network has a total market capitalization of $101.02 million and approximately $10.89 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 3.4% against the dollar and now trades at $36.78 or 0.00053540 BTC.
• NEAR Protocol (NEAR) traded 2.1% lower against the dollar and now trades at $7.91 or 0.00011513 BTC.
• Internet Computer (ICP) traded 2% lower against the dollar and now trades at $12.07 or 0.00017565 BTC.
• Hedera (HBAR) traded down 2% against the dollar and now trades at $0.11 or 0.00000155 BTC.
• Cosmos (ATOM) traded 1.4% lower against the dollar and now trades at $8.37 or 0.00012189 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.12 or 0.00000172 BTC.
• Fetch.ai (FET) traded down 2.9% against the dollar and now trades at $2.24 or 0.00003255 BTC.
• Algorand (ALGO) traded 1.9% lower against the dollar and now trades at $0.19 or 0.00000275 BTC.
• Akash Network (AKT) traded 1.3% lower against the dollar and now trades at $5.20 or 0.00007564 BTC.
• Kava (KAVA) traded down 1.2% against the dollar and now trades at $0.67 or 0.00000981 BTC.

OMG Network Token Profile

OMG Network (OMG) uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network is omg.network. 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.

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 acquire OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView