OMG Network Reaches Market Capitalization of $30.81 Million (OMG)

OMG Network (OMG) traded down 1.2% against the U.S. dollar during the 24-hour period ending at 0:00 AM ET on September 14th. One OMG Network token can currently be bought for approximately $0.22 or 0.00000365 BTC on major exchanges. OMG Network has a total market capitalization of $30.81 million and approximately $4.02 million worth of OMG Network was traded on exchanges in the last day. In the last week, OMG Network has traded up 5.6% against the U.S. dollar.

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

• Avalanche (AVAX) traded up 0.5% against the dollar and now trades at $25.14 or 0.00041774 BTC.
• NEAR Protocol (NEAR) traded 0.4% lower against the dollar and now trades at $4.23 or 0.00007021 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $8.73 or 0.00014512 BTC.
• Cronos (CRO) traded 0.4% lower against the dollar and now trades at $0.0827 or 0.00000137 BTC.
• Hedera (HBAR) traded down 1.8% against the dollar and now trades at $0.0518 or 0.00000086 BTC.
• Cosmos (ATOM) traded 0.9% higher against the dollar and now trades at $4.25 or 0.00007055 BTC.
• Fetch.ai (FET) traded up 2.6% against the dollar and now trades at $1.39 or 0.00002316 BTC.
• Algorand (ALGO) traded down 1% against the dollar and now trades at $0.13 or 0.00000218 BTC.
• Akash Network (AKT) traded down 1.8% against the dollar and now trades at $2.51 or 0.00004174 BTC.
• Theta Fuel (TFUEL) traded down 5.3% against the dollar and now trades at $0.0615 or 0.00000102 BTC.

OMG Network Token Profile

OMG uses the hashing algorithm. It was first traded 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.”

OMG Network Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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