OMG Network (OMG) Price Reaches $0.71 on Exchanges

OMG Network (OMG) traded up 7.5% against the dollar during the 24 hour period ending at 20:00 PM E.T. on April 20th. OMG Network has a total market capitalization of $99.16 million and approximately $14.37 million worth of OMG Network was traded on exchanges in the last 24 hours. In the last week, OMG Network has traded 16.9% higher against the dollar. One OMG Network token can currently be purchased for about $0.71 or 0.00001090 BTC on exchanges.

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

• Avalanche (AVAX) traded 10.1% higher against the dollar and now trades at $38.16 or 0.00058840 BTC.
• Internet Computer (ICP) traded up 10.5% against the dollar and now trades at $15.51 or 0.00023919 BTC.
• NEAR Protocol (NEAR) traded 11.6% higher against the dollar and now trades at $6.25 or 0.00009640 BTC.
• Cronos (CRO) traded 6% higher against the dollar and now trades at $0.13 or 0.00000201 BTC.
• Cosmos (ATOM) traded 6% higher against the dollar and now trades at $8.66 or 0.00013344 BTC.
• Hedera (HBAR) traded up 7.3% against the dollar and now trades at $0.0865 or 0.00000133 BTC.
• Fetch.ai (FET) traded up 17.6% against the dollar and now trades at $2.48 or 0.00003823 BTC.
• Algorand (ALGO) traded 9% higher against the dollar and now trades at $0.19 or 0.00000294 BTC.
• Akash Network (AKT) traded up 7.3% against the dollar and now trades at $4.16 or 0.00006405 BTC.
• Kava (KAVA) traded 7.9% higher against the dollar and now trades at $0.72 or 0.00001112 BTC.

About OMG Network

OMG uses the hashing algorithm. Its genesis date was 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.”

Buying and Selling OMG Network

It is usually not currently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView