OMG Network Market Cap Hits $39.96 Million (OMG)

OMG Network (OMG) traded down 7.5% against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on July 17th. In the last week, OMG Network has traded down 0.4% against the U.S. dollar. OMG Network has a total market capitalization of $39.96 million and approximately $21.59 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for $0.28 or 0.00000441 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 3.3% against the dollar and now trades at $27.97 or 0.00043327 BTC.
• NEAR Protocol (NEAR) traded 0.2% lower against the dollar and now trades at $6.18 or 0.00009580 BTC.
• Internet Computer (ICP) traded up 8.1% against the dollar and now trades at $10.24 or 0.00015855 BTC.
• Hedera (HBAR) traded down 1.8% against the dollar and now trades at $0.0760 or 0.00000118 BTC.
• Cosmos (ATOM) traded up 0.6% against the dollar and now trades at $6.58 or 0.00010198 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.0939 or 0.00000145 BTC.
• Fetch.ai (FET) traded 4.8% higher against the dollar and now trades at $1.51 or 0.00002341 BTC.
• Algorand (ALGO) traded down 1.5% against the dollar and now trades at $0.16 or 0.00000245 BTC.
• Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $3.53 or 0.00005481 BTC.
• Theta Fuel (TFUEL) traded 1% lower against the dollar and now trades at $0.0719 or 0.00000111 BTC.

About OMG Network

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It was first traded on 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. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The official website for OMG Network 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.”

Buying and Selling OMG Network

It is usually not presently possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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