OMG Network (OMG) Trading Up 6.7% This Week

OMG Network (OMG) traded down 5.9% against the dollar during the 1-day period ending at 20:00 PM Eastern on April 24th. OMG Network has a total market cap of $93.15 million and approximately $17.43 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for $0.66 or 0.00001034 BTC on popular cryptocurrency exchanges. During the last week, OMG Network has traded up 6.7% against the dollar.

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

• Avalanche (AVAX) traded down 4.9% against the dollar and now trades at $36.39 or 0.00056632 BTC.
• NEAR Protocol (NEAR) traded down 0.8% against the dollar and now trades at $6.85 or 0.00010653 BTC.
• Internet Computer (ICP) traded down 5.4% against the dollar and now trades at $13.70 or 0.00021315 BTC.
• Hedera (HBAR) traded down 20.5% against the dollar and now trades at $0.12 or 0.00000192 BTC.
• Cronos (CRO) traded down 5.1% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded 3.6% lower against the dollar and now trades at $8.40 or 0.00013067 BTC.
• Fetch.ai (FET) traded down 7.4% against the dollar and now trades at $2.26 or 0.00003523 BTC.
• Algorand (ALGO) traded 9.2% higher against the dollar and now trades at $0.21 or 0.00000330 BTC.
• Akash Network (AKT) traded down 0.5% against the dollar and now trades at $5.09 or 0.00007924 BTC.
• Kava (KAVA) traded down 3.6% against the dollar and now trades at $0.73 or 0.00001139 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. 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 buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView