OMG Network (OMG) Price Hits $0.33 on Major Exchanges

OMG Network (OMG) traded 5.2% lower against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on July 3rd. Over the last week, OMG Network has traded 4.2% lower against the U.S. dollar. OMG Network has a market cap of $46.12 million and $8.68 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be bought for about $0.33 or 0.00000546 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 6.1% against the dollar and now trades at $26.58 or 0.00044147 BTC.
• NEAR Protocol (NEAR) traded 9.9% lower against the dollar and now trades at $5.02 or 0.00008337 BTC.
• Internet Computer (ICP) traded down 6% against the dollar and now trades at $7.40 or 0.00012286 BTC.
• Hedera (HBAR) traded 8.3% lower against the dollar and now trades at $0.0719 or 0.00000119 BTC.
• Cosmos (ATOM) traded down 7.2% against the dollar and now trades at $6.32 or 0.00010492 BTC.
• Cronos (CRO) traded 2.1% lower against the dollar and now trades at $0.0887 or 0.00000147 BTC.
• Fetch.ai (FET) traded 7.8% lower against the dollar and now trades at $1.22 or 0.00002029 BTC.
• Algorand (ALGO) traded 4.5% lower against the dollar and now trades at $0.14 or 0.00000236 BTC.
• Akash Network (AKT) traded 11.2% lower against the dollar and now trades at $3.35 or 0.00005570 BTC.
• Theta Fuel (TFUEL) traded 5.6% lower against the dollar and now trades at $0.0725 or 0.00000120 BTC.

About OMG Network

OMG Network 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 website is omg.network. 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.

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.”

Buying and Selling OMG Network

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView