OMG Network (OMG) Trading Down 1.2% Over Last 7 Days

OMG Network (OMG) traded up 6.9% against the U.S. dollar during the one day period ending at 20:00 PM ET on August 5th. OMG Network has a total market cap of $329.62 million and $52.01 million worth of OMG Network was traded on exchanges in the last day. One OMG Network coin can now be purchased for approximately $2.35 or 0.00010095 BTC on cryptocurrency exchanges. During the last week, OMG Network has traded down 1.2% against the U.S. dollar.

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

  • TDEX Token (TT) traded down 1.2% against the dollar and now trades at $1.77 or 0.00007623 BTC.
  • Thunder Token (TT) traded 4.4% lower against the dollar and now trades at $0.0079 or 0.00000018 BTC.
  • ThunderCore (TT) traded 1.1% higher against the dollar and now trades at $0.0058 or 0.00000025 BTC.
  • Harvest Finance (FARM) traded 4.7% higher against the dollar and now trades at $56.17 or 0.00241278 BTC.
  • Mithril (MITH) traded up 1.1% against the dollar and now trades at $0.0293 or 0.00000126 BTC.
  • Raiden Network Token (RDN) traded up 9.3% against the dollar and now trades at $0.0707 or 0.00000304 BTC.
  • BOX (BOX) traded up 4.6% against the dollar and now trades at $0.0442 or 0.00000222 BTC.
  • BOX Token (BOX) traded flat against the dollar and now trades at $0.0349 or 0.00000121 BTC.
  • ROOBEE (ROOBEE) traded up 0.8% against the dollar and now trades at $0.0009 or 0.00000004 BTC.
  • Trillium (TT) traded down 4.6% against the dollar and now trades at $0.0001 or 0.00000001 BTC.

OMG Network Profile

OMG Network (CRYPTO:OMG) is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 coins. 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 @omise_go and its Facebook page is accessible here.

According to CryptoCompare, “OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators that enforce the behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants. Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users. OMG rebrand: OmiseGO Rebrands to OMG Network “

Buying and Selling OMG Network

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

Receive News & Updates for OMG Network Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for OMG Network and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.