OMG Network Achieves Market Cap of $93.80 Million (OMG)

OMG Network (OMG) traded 1.1% higher against the dollar during the twenty-four hour period ending at 19:00 PM Eastern on April 25th. One OMG Network token can now be bought for about $0.67 or 0.00001035 BTC on major exchanges. OMG Network has a total market capitalization of $93.80 million and $16.26 million worth of OMG Network was traded on exchanges in the last day. During the last week, OMG Network has traded up 2.7% against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 1.8% against the dollar and now trades at $35.63 or 0.00055138 BTC.
• NEAR Protocol (NEAR) traded up 4.5% against the dollar and now trades at $7.12 or 0.00011016 BTC.
• Internet Computer (ICP) traded up 0.9% against the dollar and now trades at $13.74 or 0.00021268 BTC.
• Hedera (HBAR) traded 2.3% lower against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Cronos (CRO) traded 3.1% higher against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 0.7% lower against the dollar and now trades at $8.34 or 0.00012902 BTC.
• Fetch.ai (FET) traded up 3% against the dollar and now trades at $2.32 or 0.00003594 BTC.
• Algorand (ALGO) traded down 4.7% against the dollar and now trades at $0.20 or 0.00000313 BTC.
• Akash Network (AKT) traded down 0.9% against the dollar and now trades at $4.91 or 0.00007588 BTC.
• Theta Fuel (TFUEL) traded 6.7% higher against the dollar and now trades at $0.12 or 0.00000192 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 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. 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.”

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 acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView