OMG Network (OMG) Hits Market Capitalization of $90.01 Million

OMG Network (OMG) traded up 4% against the dollar during the 1-day period ending at 20:00 PM ET on April 18th. OMG Network has a total market cap of $90.01 million and $14.72 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be purchased for about $0.64 or 0.00001017 BTC on popular exchanges. During the last week, OMG Network has traded 33.1% lower against the dollar.

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

• Avalanche (AVAX) traded 3.9% higher against the dollar and now trades at $34.60 or 0.00054817 BTC.
• NEAR Protocol (NEAR) traded up 6.3% against the dollar and now trades at $5.69 or 0.00009017 BTC.
• Internet Computer (ICP) traded 8.2% higher against the dollar and now trades at $12.71 or 0.00020131 BTC.
• Cronos (CRO) traded up 1.3% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded 2% higher against the dollar and now trades at $8.15 or 0.00012909 BTC.
• Hedera (HBAR) traded up 6% against the dollar and now trades at $0.0819 or 0.00000130 BTC.
• Fetch.ai (FET) traded 3.1% higher against the dollar and now trades at $2.03 or 0.00003216 BTC.
• Algorand (ALGO) traded 3.4% higher against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded 3.7% higher against the dollar and now trades at $3.89 or 0.00006129 BTC.
• Kava (KAVA) traded up 4.4% against the dollar and now trades at $0.67 or 0.00001055 BTC.

OMG Network Token Profile

OMG uses the hashing algorithm. Its launch date was 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. The official website for OMG Network is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView