OMG Network Hits 1-Day Volume of $5.29 Million (OMG)

OMG Network (OMG) traded 1.2% higher against the U.S. dollar during the 1 day period ending at 23:00 PM Eastern on August 24th. During the last seven days, OMG Network has traded 20.2% higher against the U.S. dollar. OMG Network has a total market cap of $36.02 million and approximately $5.29 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for about $0.26 or 0.00000400 BTC on exchanges.

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

• Avalanche (AVAX) traded up 2.1% against the dollar and now trades at $26.97 or 0.00042019 BTC.
• NEAR Protocol (NEAR) traded 4.1% higher against the dollar and now trades at $4.98 or 0.00007759 BTC.
• Internet Computer (ICP) traded 0.7% lower against the dollar and now trades at $8.55 or 0.00013325 BTC.
• Cronos (CRO) traded up 0.4% against the dollar and now trades at $0.0906 or 0.00000141 BTC.
• Hedera (HBAR) traded 1.5% higher against the dollar and now trades at $0.0598 or 0.00000093 BTC.
• Cosmos (ATOM) traded up 2.7% against the dollar and now trades at $5.25 or 0.00008171 BTC.
• Fetch.ai (FET) traded 3.8% higher against the dollar and now trades at $1.27 or 0.00001975 BTC.
• Algorand (ALGO) traded up 0.7% against the dollar and now trades at $0.14 or 0.00000226 BTC.
• Akash Network (AKT) traded up 5% against the dollar and now trades at $2.80 or 0.00004372 BTC.
• Theta Fuel (TFUEL) traded 1.9% higher against the dollar and now trades at $0.0657 or 0.00000102 BTC.

OMG Network Profile

OMG uses the hashing algorithm. It launched 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. 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.”

OMG Network Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView