OMG Network Market Cap Tops $47.40 Million (OMG)

OMG Network (OMG) traded 2.1% lower against the U.S. dollar during the 1 day period ending at 14:00 PM ET on June 26th. One OMG Network token can currently be bought for $0.34 or 0.00000555 BTC on major exchanges. During the last week, OMG Network has traded 0.1% lower against the U.S. dollar. OMG Network has a market cap of $47.40 million and $8.79 million worth of OMG Network was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 1.6% against the dollar and now trades at $25.95 or 0.00042570 BTC.
• NEAR Protocol (NEAR) traded down 6.4% against the dollar and now trades at $5.20 or 0.00008537 BTC.
• Internet Computer (ICP) traded down 2.4% against the dollar and now trades at $8.14 or 0.00013349 BTC.
• Hedera (HBAR) traded down 5.7% against the dollar and now trades at $0.0751 or 0.00000123 BTC.
• Cosmos (ATOM) traded 2.9% lower against the dollar and now trades at $6.79 or 0.00011143 BTC.
• Cronos (CRO) traded 6.2% lower against the dollar and now trades at $0.0883 or 0.00000145 BTC.
• Fetch.ai (FET) traded 10.4% higher against the dollar and now trades at $1.76 or 0.00002886 BTC.
• Algorand (ALGO) traded down 1.8% against the dollar and now trades at $0.14 or 0.00000229 BTC.
• Akash Network (AKT) traded down 3.8% against the dollar and now trades at $2.95 or 0.00004828 BTC.
• Kava (KAVA) traded 3.6% lower against the dollar and now trades at $0.45 or 0.00000740 BTC.

OMG Network Profile

OMG Network 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 website 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.”

OMG Network Token Trading

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 GDAX, Changelly 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