OMG Network (OMG) Price Hits $0.64 on Major Exchanges

OMG Network (OMG) traded 0.6% higher against the US dollar during the 1-day period ending at 20:00 PM E.T. on April 16th. One OMG Network token can now be bought for $0.64 or 0.00001008 BTC on popular cryptocurrency exchanges. In the last week, OMG Network has traded 35.2% lower against the US dollar. OMG Network has a total market cap of $90.01 million and approximately $16.80 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 0.9% against the dollar and now trades at $34.83 or 0.00054670 BTC.
• NEAR Protocol (NEAR) traded up 5.6% against the dollar and now trades at $5.50 or 0.00008641 BTC.
• Internet Computer (ICP) traded down 0.7% against the dollar and now trades at $12.24 or 0.00019219 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Cosmos (ATOM) traded 0.4% higher against the dollar and now trades at $8.17 or 0.00012826 BTC.
• Hedera (HBAR) traded 0.7% higher against the dollar and now trades at $0.0799 or 0.00000125 BTC.
• Fetch.ai (FET) traded 2.4% higher against the dollar and now trades at $2.10 or 0.00003301 BTC.
• Algorand (ALGO) traded 2.5% higher against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded 12.2% higher against the dollar and now trades at $4.00 or 0.00006256 BTC.
• Kava (KAVA) traded up 0.6% against the dollar and now trades at $0.65 or 0.00001015 BTC.

OMG Network 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 Twitter account is @omgnetworkhq and its Facebook page is accessible here. 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.

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 currently possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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