OMG Network (OMG) Price Reaches $0.72 on Top Exchanges

OMG Network (OMG) traded 1.7% lower against the U.S. dollar during the 24-hour period ending at 20:00 PM ET on May 26th. One OMG Network token can currently be purchased for $0.72 or 0.00001057 BTC on cryptocurrency exchanges. Over the last seven days, OMG Network has traded 13.4% higher against the U.S. dollar. OMG Network has a total market cap of $101.58 million and $11.54 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 4% against the dollar and now trades at $36.76 or 0.00053659 BTC.
• NEAR Protocol (NEAR) traded down 5% against the dollar and now trades at $7.80 or 0.00011390 BTC.
• Internet Computer (ICP) traded 2.1% lower against the dollar and now trades at $12.06 or 0.00017607 BTC.
• Hedera (HBAR) traded 1.6% lower against the dollar and now trades at $0.11 or 0.00000156 BTC.
• Cosmos (ATOM) traded down 1% against the dollar and now trades at $8.41 or 0.00012270 BTC.
• Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.12 or 0.00000174 BTC.
• Fetch.ai (FET) traded 2.8% lower against the dollar and now trades at $2.23 or 0.00003261 BTC.
• Algorand (ALGO) traded down 2.1% against the dollar and now trades at $0.19 or 0.00000277 BTC.
• Akash Network (AKT) traded down 2.4% against the dollar and now trades at $5.19 or 0.00007593 BTC.
• Kava (KAVA) traded down 1.3% against the dollar and now trades at $0.68 or 0.00000986 BTC.

About OMG Network

OMG Network (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 website is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. 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 presently possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView