OMG Network (OMG) Price Reaches $0.43 on Major Exchanges

OMG Network (OMG) traded up 0.7% against the dollar during the one day period ending at 7:00 AM Eastern on December 16th. OMG Network has a market cap of $60.24 million and approximately $12.29 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be bought for approximately $0.43 or 0.00000414 BTC on major cryptocurrency exchanges. In the last seven days, OMG Network has traded 18% lower against the dollar.

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

• Avalanche (AVAX) traded 2.1% lower against the dollar and now trades at $48.66 or 0.00046887 BTC.
• Hedera (HBAR) traded 4.9% lower against the dollar and now trades at $0.28 or 0.00000267 BTC.
• NEAR Protocol (NEAR) traded 1.3% lower against the dollar and now trades at $6.58 or 0.00006338 BTC.
• Internet Computer (ICP) traded 3.4% lower against the dollar and now trades at $12.44 or 0.00011987 BTC.
• Cronos (CRO) traded down 4.5% against the dollar and now trades at $0.17 or 0.00000165 BTC.
• Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $1.70 or 0.00001635 BTC.
• Cosmos (ATOM) traded 2.7% lower against the dollar and now trades at $8.69 or 0.00008369 BTC.
• Algorand (ALGO) traded down 3.4% against the dollar and now trades at $0.40 or 0.00000389 BTC.
• Akash Network (AKT) traded down 2.3% against the dollar and now trades at $3.69 or 0.00003545 BTC.
• Kava (KAVA) traded down 2.3% against the dollar and now trades at $0.54 or 0.00000525 BTC.

OMG Network Token Profile

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 presently possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView