OMG Network Price Hits $0.22 on Exchanges (OMG)

OMG Network (OMG) traded down 4% against the dollar during the one day period ending at 22:00 PM ET on November 2nd. Over the last seven days, OMG Network has traded down 6.4% against the dollar. One OMG Network token can currently be purchased for about $0.22 or 0.00000324 BTC on popular exchanges. OMG Network has a market cap of $31.35 million and $4.56 million worth of OMG Network was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 4% lower against the dollar and now trades at $23.90 or 0.00034660 BTC.
• NEAR Protocol (NEAR) traded 4.2% lower against the dollar and now trades at $3.79 or 0.00005504 BTC.
• Internet Computer (ICP) traded 5.8% lower against the dollar and now trades at $7.45 or 0.00010804 BTC.
• Fetch.ai (FET) traded down 4.5% against the dollar and now trades at $1.18 or 0.00001713 BTC.
• Cronos (CRO) traded 2% lower against the dollar and now trades at $0.0722 or 0.00000105 BTC.
• Hedera (HBAR) traded 3.1% lower against the dollar and now trades at $0.0444 or 0.00000064 BTC.
• Cosmos (ATOM) traded down 3.1% against the dollar and now trades at $4.07 or 0.00005906 BTC.
• Algorand (ALGO) traded 2.6% lower against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Akash Network (AKT) traded 5% lower against the dollar and now trades at $2.26 or 0.00003265 BTC.
• Theta Fuel (TFUEL) traded 2.2% lower against the dollar and now trades at $0.0507 or 0.00000074 BTC.

OMG Network Token Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. 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. 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 U.S. dollars. Investors seeking to trade OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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