OMG Network Tops 24-Hour Volume of $4.46 Million (OMG)

OMG Network (OMG) traded down 4.2% against the US dollar during the 24 hour period ending at 11:00 AM ET on October 31st. OMG Network has a total market capitalization of $33.41 million and $4.46 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can currently be bought for $0.24 or 0.00000337 BTC on popular cryptocurrency exchanges. During the last seven days, OMG Network has traded down 8.5% against the US dollar.

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

• Avalanche (AVAX) traded down 4.6% against the dollar and now trades at $25.17 or 0.00035623 BTC.
• NEAR Protocol (NEAR) traded down 5.2% against the dollar and now trades at $4.16 or 0.00005886 BTC.
• Internet Computer (ICP) traded down 4.4% against the dollar and now trades at $7.79 or 0.00011019 BTC.
• Fetch.ai (FET) traded down 1.1% against the dollar and now trades at $1.30 or 0.00001846 BTC.
• Cronos (CRO) traded 4.2% lower against the dollar and now trades at $0.0732 or 0.00000104 BTC.
• Hedera (HBAR) traded 5.2% lower against the dollar and now trades at $0.0463 or 0.00000066 BTC.
• Cosmos (ATOM) traded 4.3% lower against the dollar and now trades at $4.29 or 0.00006064 BTC.
• Algorand (ALGO) traded down 5.5% against the dollar and now trades at $0.12 or 0.00000163 BTC.
• Akash Network (AKT) traded 4.5% lower against the dollar and now trades at $2.39 or 0.00003367 BTC.
• Kava (KAVA) traded down 7.2% against the dollar and now trades at $0.33 or 0.00000468 BTC.

OMG Network Token Profile

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

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 buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView