OMG Network Market Capitalization Hits $89.69 Million (OMG)

OMG Network (OMG) traded 0.7% lower against the dollar during the 24-hour period ending at 0:00 AM Eastern on April 29th. OMG Network has a total market cap of $89.69 million and $13.09 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be purchased for approximately $0.64 or 0.00001006 BTC on exchanges. Over the last seven days, OMG Network has traded 9.4% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 3.7% against the dollar and now trades at $34.83 or 0.00054796 BTC.
• NEAR Protocol (NEAR) traded down 0.7% against the dollar and now trades at $6.90 or 0.00010853 BTC.
• Internet Computer (ICP) traded 1.8% lower against the dollar and now trades at $13.27 or 0.00020878 BTC.
• Cronos (CRO) traded 5.6% higher against the dollar and now trades at $0.14 or 0.00000215 BTC.
• Hedera (HBAR) traded down 1.4% against the dollar and now trades at $0.10 or 0.00000159 BTC.
• Cosmos (ATOM) traded 0.5% higher against the dollar and now trades at $8.15 or 0.00012827 BTC.
• Fetch.ai (FET) traded 1.1% lower against the dollar and now trades at $2.13 or 0.00003352 BTC.
• Algorand (ALGO) traded up 0% against the dollar and now trades at $0.19 or 0.00000299 BTC.
• Akash Network (AKT) traded 0.9% lower against the dollar and now trades at $4.34 or 0.00006799 BTC.
• Kava (KAVA) traded up 1% against the dollar and now trades at $0.69 or 0.00001082 BTC.

OMG Network Token Profile

OMG uses the hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official website is omg.network. 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.

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 acquire 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