OMG Network Tops 24 Hour Trading Volume of $9.01 Million (OMG)

OMG Network (OMG) traded 4.6% lower against the US dollar during the 1-day period ending at 0:00 AM ET on July 3rd. One OMG Network token can currently be purchased for $0.32 or 0.00000549 BTC on cryptocurrency exchanges. OMG Network has a total market capitalization of $45.27 million and $9.01 million worth of OMG Network was traded on exchanges in the last day. During the last week, OMG Network has traded down 5.1% against the US dollar.

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

• Avalanche (AVAX) traded 7.6% lower against the dollar and now trades at $26.02 or 0.00044258 BTC.
• NEAR Protocol (NEAR) traded down 8.2% against the dollar and now trades at $4.94 or 0.00008396 BTC.
• Internet Computer (ICP) traded down 7.6% against the dollar and now trades at $7.08 or 0.00012050 BTC.
• Hedera (HBAR) traded 5.5% lower against the dollar and now trades at $0.0710 or 0.00000121 BTC.
• Cosmos (ATOM) traded down 5.7% against the dollar and now trades at $6.30 or 0.00010723 BTC.
• Cronos (CRO) traded down 2.4% against the dollar and now trades at $0.0875 or 0.00000149 BTC.
• Fetch.ai (FET) traded down 4.6% against the dollar and now trades at $1.23 or 0.00002095 BTC.
• Algorand (ALGO) traded 5.8% lower against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded 9.5% lower against the dollar and now trades at $3.44 or 0.00005707 BTC.
• Theta Fuel (TFUEL) traded 6.4% lower against the dollar and now trades at $0.0701 or 0.00000119 BTC.

OMG Network Profile

OMG Network uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network 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 currently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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