OMG Network (OMG) Hits 24 Hour Trading Volume of $16.36 Million

OMG Network (OMG) traded down 6% against the US dollar during the twenty-four hour period ending at 22:00 PM Eastern on April 30th. One OMG Network token can currently be bought for $0.60 or 0.00001000 BTC on popular exchanges. OMG Network has a market capitalization of $83.67 million and $16.36 million worth of OMG Network was traded on exchanges in the last day. Over the last seven days, OMG Network has traded 16.3% lower against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 6.8% against the dollar and now trades at $32.34 or 0.00054220 BTC.
• NEAR Protocol (NEAR) traded down 10.2% against the dollar and now trades at $6.09 or 0.00010208 BTC.
• Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $12.92 or 0.00021651 BTC.
• Cronos (CRO) traded 0.5% lower against the dollar and now trades at $0.13 or 0.00000220 BTC.
• Hedera (HBAR) traded down 8.5% against the dollar and now trades at $0.0928 or 0.00000156 BTC.
• Cosmos (ATOM) traded up 2.1% against the dollar and now trades at $8.28 or 0.00013879 BTC.
• Fetch.ai (FET) traded 7.8% lower against the dollar and now trades at $1.97 or 0.00003311 BTC.
• Algorand (ALGO) traded 7.3% lower against the dollar and now trades at $0.18 or 0.00000293 BTC.
• Akash Network (AKT) traded 6.2% lower against the dollar and now trades at $4.02 or 0.00006652 BTC.
• Kava (KAVA) traded 6.6% lower against the dollar and now trades at $0.64 or 0.00001066 BTC.

OMG Network Profile

OMG uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network 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.”

OMG Network Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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