OMG Network (OMG) Market Capitalization Achieves $137.61 Million

OMG Network (OMG) traded 0.8% higher against the US dollar during the 24-hour period ending at 11:00 AM Eastern on April 3rd. One OMG Network token can now be purchased for about $0.98 or 0.00001476 BTC on cryptocurrency exchanges. During the last week, OMG Network has traded 11.9% lower against the US dollar. OMG Network has a market capitalization of $137.61 million and approximately $23.75 million worth of OMG Network was traded on exchanges in the last day.

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

  • Avalanche (AVAX) traded 1.5% lower against the dollar and now trades at $47.12 or 0.00070891 BTC.
  • Internet Computer (ICP) traded up 4.3% against the dollar and now trades at $18.40 or 0.00027680 BTC.
  • NEAR Protocol (NEAR) traded 5.3% higher against the dollar and now trades at $6.73 or 0.00010122 BTC.
  • Cosmos (ATOM) traded down 0.3% against the dollar and now trades at $11.08 or 0.00016663 BTC.
  • Cronos (CRO) traded 10.5% higher against the dollar and now trades at $0.16 or 0.00000235 BTC.
  • Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.11 or 0.00000158 BTC.
  • Fetch.ai (FET) traded down 1.3% against the dollar and now trades at $2.70 or 0.00004068 BTC.
  • Algorand (ALGO) traded 0.2% lower against the dollar and now trades at $0.24 or 0.00000361 BTC.
  • Kava (KAVA) traded 1.6% lower against the dollar and now trades at $0.93 or 0.00001406 BTC.
  • Akash Network (AKT) traded down 0.5% against the dollar and now trades at $4.33 or 0.00006478 BTC.

OMG Network Profile

OMG Network (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 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. OMG Network’s official website 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 buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the aforementioned exchanges.

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