OMG Network (OMG) Market Cap Hits $98.71 Million

OMG Network (OMG) traded up 0.2% against the dollar during the 1-day period ending at 7:00 AM E.T. on April 23rd. OMG Network has a market capitalization of $98.71 million and approximately $13.81 million worth of OMG Network was traded on exchanges in the last day. In the last seven days, OMG Network has traded 10.2% higher against the dollar. One OMG Network token can currently be bought for $0.70 or 0.00001064 BTC on major exchanges.

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

• Avalanche (AVAX) traded 3% lower against the dollar and now trades at $38.29 or 0.00057896 BTC.
• NEAR Protocol (NEAR) traded 4.8% higher against the dollar and now trades at $7.20 or 0.00010887 BTC.
• Internet Computer (ICP) traded down 3.9% against the dollar and now trades at $14.78 or 0.00022342 BTC.
• Cronos (CRO) traded down 0.8% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 1.5% lower against the dollar and now trades at $8.78 or 0.00013272 BTC.
• Hedera (HBAR) traded 3.1% lower against the dollar and now trades at $0.0878 or 0.00000133 BTC.
• Fetch.ai (FET) traded 0.3% lower against the dollar and now trades at $2.44 or 0.00003695 BTC.
• Algorand (ALGO) traded 0.3% lower against the dollar and now trades at $0.19 or 0.00000291 BTC.
• Akash Network (AKT) traded up 52.9% against the dollar and now trades at $6.17 or 0.00009315 BTC.
• Kava (KAVA) traded 0.5% higher against the dollar and now trades at $0.74 or 0.00001119 BTC.

OMG Network Token Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. 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 Twitter account is @omgnetworkhq and its Facebook page is accessible 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.”

Buying and Selling OMG Network

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

OMG/USD price chart by TradingView