OMG Network (OMG) Market Capitalization Reaches $37.05 Million

OMG Network (OMG) traded 4.2% lower against the dollar during the 24-hour period ending at 18:00 PM ET on October 15th. In the last seven days, OMG Network has traded 3.9% lower against the dollar. OMG Network has a total market capitalization of $37.05 million and approximately $7.64 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be purchased for about $0.26 or 0.00000399 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 3.6% lower against the dollar and now trades at $27.95 or 0.00042194 BTC.
• NEAR Protocol (NEAR) traded 0.9% lower against the dollar and now trades at $4.97 or 0.00007505 BTC.
• Internet Computer (ICP) traded down 4.6% against the dollar and now trades at $7.97 or 0.00012024 BTC.
• Hedera (HBAR) traded up 5.1% against the dollar and now trades at $0.0555 or 0.00000084 BTC.
• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.0768 or 0.00000116 BTC.
• Cosmos (ATOM) traded 0.9% lower against the dollar and now trades at $4.44 or 0.00006704 BTC.
• Fetch.ai (FET) traded 4.2% lower against the dollar and now trades at $1.44 or 0.00002170 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Akash Network (AKT) traded 1.7% lower against the dollar and now trades at $2.50 or 0.00003771 BTC.
• Theta Fuel (TFUEL) traded 2.8% lower against the dollar and now trades at $0.0613 or 0.00000093 BTC.

About 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. OMG Network’s official website 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 currently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade 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 exchanges listed above.

OMG/USD price chart by TradingView