OMG Network Market Capitalization Hits $34.44 Million (OMG)

OMG Network (OMG) traded down 0.1% against the dollar during the twenty-four hour period ending at 19:00 PM E.T. on August 22nd. One OMG Network token can now be purchased for approximately $0.25 or 0.00000406 BTC on popular cryptocurrency exchanges. OMG Network has a total market capitalization of $34.44 million and $4.70 million worth of OMG Network was traded on exchanges in the last day. During the last seven days, OMG Network has traded 15.8% higher against the dollar.

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

• Avalanche (AVAX) traded 5.6% higher against the dollar and now trades at $24.88 or 0.00041151 BTC.
• NEAR Protocol (NEAR) traded 0.8% higher against the dollar and now trades at $4.30 or 0.00007112 BTC.
• Internet Computer (ICP) traded up 4.1% against the dollar and now trades at $8.04 or 0.00013297 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0868 or 0.00000144 BTC.
• Hedera (HBAR) traded 0.3% higher against the dollar and now trades at $0.0551 or 0.00000091 BTC.
• Cosmos (ATOM) traded 1.7% lower against the dollar and now trades at $4.69 or 0.00007758 BTC.
• Algorand (ALGO) traded 0.3% higher against the dollar and now trades at $0.14 or 0.00000225 BTC.
• Fetch.ai (FET) traded up 6.5% against the dollar and now trades at $1.03 or 0.00001698 BTC.
• Akash Network (AKT) traded 0.2% lower against the dollar and now trades at $2.47 or 0.00004075 BTC.
• Theta Fuel (TFUEL) traded 2.5% higher against the dollar and now trades at $0.0596 or 0.00000099 BTC.

OMG Network Token Profile

OMG Network (CRYPTO: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 Twitter account is @omgnetworkhq and its Facebook page is accessible here. The official website for OMG Network is omg.network.

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 presently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first purchase 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 purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView