OMG Network Trading 12% Higher Over Last Week (OMG)

OMG Network (OMG) traded down 0.2% against the U.S. dollar during the 24-hour period ending at 22:00 PM Eastern on April 23rd. OMG Network has a market cap of $99.95 million and approximately $13.59 million worth of OMG Network was traded on exchanges in the last 24 hours. In the last week, OMG Network has traded 12% higher against the U.S. dollar. One OMG Network token can now be bought for about $0.71 or 0.00001069 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 1% against the dollar and now trades at $39.01 or 0.00058537 BTC.
• NEAR Protocol (NEAR) traded 1.7% lower against the dollar and now trades at $6.96 or 0.00010449 BTC.
• Internet Computer (ICP) traded 2.7% lower against the dollar and now trades at $14.69 or 0.00022042 BTC.
• Hedera (HBAR) traded up 78.6% against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 2.5% lower against the dollar and now trades at $8.73 or 0.00013106 BTC.
• Fetch.ai (FET) traded down 2% against the dollar and now trades at $2.46 or 0.00003690 BTC.
• Algorand (ALGO) traded up 5% against the dollar and now trades at $0.20 or 0.00000307 BTC.
• Akash Network (AKT) traded 24.9% higher against the dollar and now trades at $5.09 or 0.00007681 BTC.
• Kava (KAVA) traded 2.6% higher against the dollar and now trades at $0.76 or 0.00001145 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 buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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