OMG Network Achieves Market Capitalization of $93.35 Million (OMG)

OMG Network (OMG) traded up 3.5% against the dollar during the 24 hour period ending at 15:00 PM E.T. on April 19th. During the last seven days, OMG Network has traded 11.3% lower against the dollar. One OMG Network token can currently be bought for about $0.67 or 0.00001035 BTC on cryptocurrency exchanges. OMG Network has a market capitalization of $93.35 million and $18.92 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $35.21 or 0.00054736 BTC.
• Internet Computer (ICP) traded up 10% against the dollar and now trades at $13.86 or 0.00021544 BTC.
• NEAR Protocol (NEAR) traded down 1.5% against the dollar and now trades at $5.61 or 0.00008722 BTC.
• Cronos (CRO) traded up 2.2% against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Cosmos (ATOM) traded down 0% against the dollar and now trades at $8.27 or 0.00012848 BTC.
• Hedera (HBAR) traded up 0.5% against the dollar and now trades at $0.0825 or 0.00000128 BTC.
• Fetch.ai (FET) traded up 4.1% against the dollar and now trades at $2.15 or 0.00003335 BTC.
• Algorand (ALGO) traded 2.2% higher against the dollar and now trades at $0.18 or 0.00000276 BTC.
• Akash Network (AKT) traded 2% higher against the dollar and now trades at $4.03 or 0.00006275 BTC.
• Kava (KAVA) traded 2.1% higher against the dollar and now trades at $0.68 or 0.00001054 BTC.

OMG Network 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. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. OMG Network’s official website 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.”

Buying and Selling OMG Network

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

OMG/USD price chart by TradingView