OMG Network Achieves Market Capitalization of $93.35 Million (OMG)

OMG Network (OMG) traded 3.5% higher against the U.S. dollar during the 24 hour period ending at 15:00 PM Eastern on April 19th. OMG Network has a total market capitalization of $93.35 million and approximately $18.92 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be purchased for about $0.67 or 0.00001035 BTC on major exchanges. In the last seven days, OMG Network has traded 11.3% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded up 1% against the dollar and now trades at $35.21 or 0.00054736 BTC.
• Internet Computer (ICP) traded 10% higher against the dollar and now trades at $13.86 or 0.00021544 BTC.
• NEAR Protocol (NEAR) traded down 1.5% against the dollar and now trades at $5.61 or 0.00008722 BTC.
• Cronos (CRO) traded up 2.2% against the dollar and now trades at $0.13 or 0.00000195 BTC.
• Cosmos (ATOM) traded down 0% against the dollar and now trades at $8.27 or 0.00012848 BTC.
• Hedera (HBAR) traded up 0.5% against the dollar and now trades at $0.0825 or 0.00000128 BTC.
• Fetch.ai (FET) traded 4.1% higher against the dollar and now trades at $2.15 or 0.00003335 BTC.
• Algorand (ALGO) traded up 2.2% against the dollar and now trades at $0.18 or 0.00000276 BTC.
• Akash Network (AKT) traded up 2% against the dollar and now trades at $4.03 or 0.00006275 BTC.
• Kava (KAVA) traded 2.1% higher against the dollar and now trades at $0.68 or 0.00001054 BTC.

OMG Network Token Profile

OMG uses the hashing algorithm. Its launch date was 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 currently possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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