OMG Network (OMG) Price Tops $0.66 on Exchanges

OMG Network (OMG) traded down 1.7% against the dollar during the 1-day period ending at 14:00 PM ET on May 4th. OMG Network has a total market capitalization of $92.50 million and approximately $12.18 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can currently be purchased for $0.66 or 0.00001038 BTC on exchanges. Over the last week, OMG Network has traded down 0.2% against the dollar.

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

• Avalanche (AVAX) traded up 3.1% against the dollar and now trades at $36.52 or 0.00057484 BTC.
• NEAR Protocol (NEAR) traded up 0.8% against the dollar and now trades at $6.85 or 0.00010784 BTC.
• Internet Computer (ICP) traded 4% lower against the dollar and now trades at $13.26 or 0.00020866 BTC.
• Hedera (HBAR) traded 3.5% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cronos (CRO) traded 0.1% lower against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $8.77 or 0.00013803 BTC.
• Fetch.ai (FET) traded 1.4% higher against the dollar and now trades at $2.17 or 0.00003418 BTC.
• Algorand (ALGO) traded 1.1% higher against the dollar and now trades at $0.19 or 0.00000305 BTC.
• Akash Network (AKT) traded up 2.5% against the dollar and now trades at $4.31 or 0.00006790 BTC.
• Kava (KAVA) traded down 0.1% against the dollar and now trades at $0.68 or 0.00001075 BTC.

OMG Network Token Profile

OMG Network uses the hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. 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. 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 possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView