OMG Network (OMG) Achieves Market Cap of $35.33 Million

OMG Network (OMG) traded down 21.4% against the dollar during the 1-day period ending at 23:00 PM Eastern on July 4th. OMG Network has a total market cap of $35.33 million and approximately $9.96 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for $0.25 or 0.00000454 BTC on popular cryptocurrency exchanges. During the last week, OMG Network has traded down 27% against the dollar.

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

• Avalanche (AVAX) traded down 13.6% against the dollar and now trades at $22.47 or 0.00040489 BTC.
• NEAR Protocol (NEAR) traded down 15.8% against the dollar and now trades at $4.15 or 0.00007469 BTC.
• Internet Computer (ICP) traded down 14.6% against the dollar and now trades at $6.05 or 0.00010893 BTC.
• Hedera (HBAR) traded down 14.3% against the dollar and now trades at $0.0606 or 0.00000109 BTC.
• Cronos (CRO) traded down 9.7% against the dollar and now trades at $0.0786 or 0.00000142 BTC.
• Cosmos (ATOM) traded 16.1% lower against the dollar and now trades at $5.27 or 0.00009487 BTC.
• Fetch.ai (FET) traded down 9.6% against the dollar and now trades at $1.12 or 0.00002012 BTC.
• Algorand (ALGO) traded 13.6% lower against the dollar and now trades at $0.12 or 0.00000214 BTC.
• Akash Network (AKT) traded down 13% against the dollar and now trades at $2.99 or 0.00005164 BTC.
• Theta Fuel (TFUEL) traded down 14.6% against the dollar and now trades at $0.0597 or 0.00000108 BTC.

OMG Network Token Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It was first traded on 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. The official website for OMG Network 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 buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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