OMG Network (OMG) 1-Day Volume Reaches $4.93 Million

OMG Network (OMG) traded down 0.8% against the US dollar during the 1 day period ending at 14:00 PM E.T. on August 16th. During the last week, OMG Network has traded down 11.1% against the US dollar. OMG Network has a total market capitalization of $29.18 million and $4.93 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be purchased for about $0.21 or 0.00000352 BTC on popular exchanges.

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

• Avalanche (AVAX) traded up 1.6% against the dollar and now trades at $20.31 or 0.00034313 BTC.
• NEAR Protocol (NEAR) traded 0% higher against the dollar and now trades at $3.97 or 0.00006707 BTC.
• Internet Computer (ICP) traded 1.2% higher against the dollar and now trades at $7.02 or 0.00011868 BTC.
• Cronos (CRO) traded 0.2% lower against the dollar and now trades at $0.0877 or 0.00000148 BTC.
• Hedera (HBAR) traded up 0% against the dollar and now trades at $0.0518 or 0.00000088 BTC.
• Cosmos (ATOM) traded up 0.9% against the dollar and now trades at $4.54 or 0.00007678 BTC.
• Algorand (ALGO) traded down 0.4% against the dollar and now trades at $0.12 or 0.00000196 BTC.
• Fetch.ai (FET) traded up 1.5% against the dollar and now trades at $0.83 or 0.00001406 BTC.
• Akash Network (AKT) traded down 3.1% against the dollar and now trades at $2.49 or 0.00004235 BTC.
• Theta Fuel (TFUEL) traded down 1.5% against the dollar and now trades at $0.0557 or 0.00000094 BTC.

OMG Network 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. 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 purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView