OMG Network Market Capitalization Tops $48.49 Million (OMG)

OMG Network (OMG) traded 0.7% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on June 27th. OMG Network has a market cap of $48.49 million and $9.36 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for $0.35 or 0.00000558 BTC on major exchanges. During the last seven days, OMG Network has traded up 3.5% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 9.7% higher against the dollar and now trades at $27.90 or 0.00045053 BTC.
• NEAR Protocol (NEAR) traded 0.3% higher against the dollar and now trades at $5.20 or 0.00008389 BTC.
• Internet Computer (ICP) traded up 2.4% against the dollar and now trades at $8.25 or 0.00013316 BTC.
• Hedera (HBAR) traded up 4.7% against the dollar and now trades at $0.0788 or 0.00000127 BTC.
• Cosmos (ATOM) traded 2.3% higher against the dollar and now trades at $6.93 or 0.00011196 BTC.
• Cronos (CRO) traded up 3.7% against the dollar and now trades at $0.0923 or 0.00000149 BTC.
• Fetch.ai (FET) traded 9.2% lower against the dollar and now trades at $1.52 or 0.00002455 BTC.
• Algorand (ALGO) traded up 2.6% against the dollar and now trades at $0.14 or 0.00000230 BTC.
• Akash Network (AKT) traded up 11.8% against the dollar and now trades at $3.28 or 0.00005324 BTC.
• Theta Fuel (TFUEL) traded up 3.9% against the dollar and now trades at $0.0772 or 0.00000125 BTC.

OMG Network Token Profile

OMG Network (OMG) uses the hashing algorithm. Its genesis date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The Reddit community for OMG Network is https://reddit.com/r/omgnetwork and the currency’s Github account can be viewed here. OMG Network’s official website is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible 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 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, GDAX or Gemini. 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