OMG Network (OMG) Market Cap Reaches $95.09 Million

OMG Network (OMG) traded 5.7% higher against the dollar during the 1-day period ending at 7:00 AM ET on May 10th. In the last week, OMG Network has traded 6.8% higher against the dollar. One OMG Network token can now be bought for $0.68 or 0.00001075 BTC on popular exchanges. OMG Network has a total market cap of $95.09 million and approximately $11.43 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 4.5% higher against the dollar and now trades at $35.56 or 0.00056399 BTC.
• NEAR Protocol (NEAR) traded up 6.3% against the dollar and now trades at $7.59 or 0.00012037 BTC.
• Internet Computer (ICP) traded up 4.2% against the dollar and now trades at $12.40 or 0.00019663 BTC.
• Hedera (HBAR) traded 3.2% higher against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Cosmos (ATOM) traded 1.7% higher against the dollar and now trades at $9.09 or 0.00014423 BTC.
• Cronos (CRO) traded up 2.5% against the dollar and now trades at $0.13 or 0.00000201 BTC.
• Fetch.ai (FET) traded 7.3% higher against the dollar and now trades at $2.33 or 0.00003699 BTC.
• Algorand (ALGO) traded 3.4% higher against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded up 25.8% against the dollar and now trades at $5.99 or 0.00009513 BTC.
• Kava (KAVA) traded up 3.6% against the dollar and now trades at $0.67 or 0.00001068 BTC.

About OMG Network

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It launched 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 currently 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 GDAX, Changelly or Coinbase. 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