OMG Network Market Capitalization Tops $25.89 Million (OMG)

OMG Network (OMG) traded 16.5% lower against the dollar during the 24 hour period ending at 0:00 AM Eastern on August 4th. During the last seven days, OMG Network has traded 31.8% lower against the dollar. OMG Network has a total market cap of $25.89 million and $11.54 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be bought for approximately $0.18 or 0.00000339 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 16.2% against the dollar and now trades at $19.11 or 0.00035122 BTC.
• NEAR Protocol (NEAR) traded down 17.6% against the dollar and now trades at $3.63 or 0.00006663 BTC.
• Internet Computer (ICP) traded 11.3% lower against the dollar and now trades at $7.00 or 0.00012867 BTC.
• Cronos (CRO) traded 11% lower against the dollar and now trades at $0.0728 or 0.00000134 BTC.
• Hedera (HBAR) traded down 14.5% against the dollar and now trades at $0.0499 or 0.00000092 BTC.
• Cosmos (ATOM) traded 13.5% lower against the dollar and now trades at $4.49 or 0.00008248 BTC.
• Fetch.ai (FET) traded down 16.6% against the dollar and now trades at $0.85 or 0.00001555 BTC.
• Algorand (ALGO) traded down 14.9% against the dollar and now trades at $0.10 or 0.00000191 BTC.
• Akash Network (AKT) traded 8.9% lower against the dollar and now trades at $2.21 or 0.00003790 BTC.
• Theta Fuel (TFUEL) traded down 20% against the dollar and now trades at $0.0465 or 0.00000085 BTC.

About OMG Network

OMG Network (OMG) uses the hashing algorithm. It was first traded 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.”

OMG Network Token Trading

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

OMG/USD price chart by TradingView