OMG Network Hits 1-Day Volume of $14.91 Million (OMG)

OMG Network (OMG) traded up 2.9% against the US dollar during the 1-day period ending at 7:00 AM Eastern on November 30th. In the last week, OMG Network has traded 49.4% higher against the US dollar. OMG Network has a market capitalization of $69.61 million and approximately $14.91 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be bought for about $0.50 or 0.00000515 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 2.1% higher against the dollar and now trades at $44.89 or 0.00046588 BTC.
• NEAR Protocol (NEAR) traded 0.7% lower against the dollar and now trades at $6.90 or 0.00007156 BTC.
• Hedera (HBAR) traded up 8.7% against the dollar and now trades at $0.17 or 0.00000172 BTC.
• Internet Computer (ICP) traded 5.8% higher against the dollar and now trades at $12.28 or 0.00012741 BTC.
• Cronos (CRO) traded down 0.4% against the dollar and now trades at $0.19 or 0.00000192 BTC.
• Fetch.ai (FET) traded up 11.5% against the dollar and now trades at $1.83 or 0.00001902 BTC.
• Algorand (ALGO) traded up 20.6% against the dollar and now trades at $0.44 or 0.00000454 BTC.
• Cosmos (ATOM) traded up 2.5% against the dollar and now trades at $8.55 or 0.00008870 BTC.
• Akash Network (AKT) traded 1.5% lower against the dollar and now trades at $4.21 or 0.00004367 BTC.
• Kava (KAVA) traded 8.1% higher against the dollar and now trades at $0.61 or 0.00000632 BTC.

OMG Network Token Profile

OMG Network (OMG) uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The official website for OMG Network is omg.network. 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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