OMG Network Price Reaches $8.89 on Top Exchanges (OMG)

OMG Network (CURRENCY:OMG) traded 0.4% higher against the dollar during the 24 hour period ending at 7:00 AM ET on November 25th. OMG Network has a total market capitalization of $1.25 billion and $505.08 million worth of OMG Network was traded on exchanges in the last day. One OMG Network coin can now be bought for about $8.89 or 0.00015221 BTC on major cryptocurrency exchanges. Over the last week, OMG Network has traded down 7.6% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

  • Thunder Token (TT) traded up 6.3% against the dollar and now trades at $0.0161 or 0.00000028 BTC.
  • Mithril (MITH) traded down 15.7% against the dollar and now trades at $0.0993 or 0.00000170 BTC.
  • Harvest Finance (FARM) traded up 5.7% against the dollar and now trades at $132.07 or 0.00226202 BTC.
  • Raiden Network Token (RDN) traded up 5.6% against the dollar and now trades at $0.57 or 0.00000971 BTC.
  • ROOBEE (ROOBEE) traded down 0.1% against the dollar and now trades at $0.0056 or 0.00000010 BTC.
  • The Force Protocol (FOR) traded down 0.6% against the dollar and now trades at $0.0238 or 0.00000126 BTC.
  • BOX Token (BOX) traded 3% higher against the dollar and now trades at $0.0701 or 0.00000120 BTC.
  • Ubex (UBEX) traded up 20% against the dollar and now trades at $0.0006 or 0.00000001 BTC.
  • ContentBox (BOX) traded up 19.4% against the dollar and now trades at $0.0010 or 0.00000002 BTC.
  • Dracula Token (DRC) traded 2% higher against the dollar and now trades at $0.10 or 0.00000179 BTC.

OMG Network Profile

OMG Network (OMG) is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. Its genesis date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 coins. OMG Network’s official Twitter account is @omise_go 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, “OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators that enforce the behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants. Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users. OMG rebrand: OmiseGO Rebrands to OMG Network “

Buying and Selling OMG Network

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

Receive News & Updates for OMG Network Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for OMG Network and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.