OMG Network (OMG) Hits Market Capitalization of $37.65 Million

OMG Network (OMG) traded up 1.5% against the US dollar during the twenty-four hour period ending at 18:00 PM ET on July 27th. In the last seven days, OMG Network has traded 5.6% lower against the US dollar. One OMG Network token can currently be bought for approximately $0.27 or 0.00000390 BTC on major exchanges. OMG Network has a market cap of $37.65 million and approximately $10.23 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $28.45 or 0.00041358 BTC.
• NEAR Protocol (NEAR) traded 0.2% higher against the dollar and now trades at $5.72 or 0.00008313 BTC.
• Internet Computer (ICP) traded 0.9% higher against the dollar and now trades at $9.73 or 0.00014142 BTC.
• Cosmos (ATOM) traded 3.2% higher against the dollar and now trades at $6.37 or 0.00009256 BTC.
• Hedera (HBAR) traded 1.4% higher against the dollar and now trades at $0.0691 or 0.00000100 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.0905 or 0.00000132 BTC.
• Fetch.ai (FET) traded up 2.2% against the dollar and now trades at $1.30 or 0.00001895 BTC.
• Algorand (ALGO) traded 1.3% higher against the dollar and now trades at $0.14 or 0.00000210 BTC.
• Akash Network (AKT) traded up 0.3% against the dollar and now trades at $3.25 or 0.00004712 BTC.
• Kava (KAVA) traded up 2.8% against the dollar and now trades at $0.43 or 0.00000624 BTC.

About OMG Network

OMG Network uses the hashing algorithm. Its genesis date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The official website for OMG Network 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.

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 buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, 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