OMG Network Market Cap Tops $48.16 Million (OMG)

OMG Network (OMG) traded down 1.1% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM Eastern on June 28th. One OMG Network token can now be bought for $0.34 or 0.00000571 BTC on cryptocurrency exchanges. In the last week, OMG Network has traded up 2.3% against the U.S. dollar. OMG Network has a market capitalization of $48.16 million and approximately $9.21 million worth of OMG Network was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 0.4% higher against the dollar and now trades at $28.09 or 0.00046714 BTC.
• NEAR Protocol (NEAR) traded down 6.9% against the dollar and now trades at $4.92 or 0.00008190 BTC.
• Internet Computer (ICP) traded down 3.4% against the dollar and now trades at $7.97 or 0.00013262 BTC.
• Hedera (HBAR) traded 2.5% lower against the dollar and now trades at $0.0774 or 0.00000129 BTC.
• Cosmos (ATOM) traded down 3.6% against the dollar and now trades at $6.81 or 0.00011319 BTC.
• Cronos (CRO) traded down 1.5% against the dollar and now trades at $0.0901 or 0.00000150 BTC.
• Fetch.ai (FET) traded 7.3% lower against the dollar and now trades at $1.41 or 0.00002353 BTC.
• Algorand (ALGO) traded 1.2% lower against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded 7.1% higher against the dollar and now trades at $3.54 or 0.00005884 BTC.
• Theta Fuel (TFUEL) traded 2.9% lower against the dollar and now trades at $0.0758 or 0.00000126 BTC.

OMG Network Token Profile

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. 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 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.”

OMG Network Token Trading

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 Changelly, Coinbase or GDAX. 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