OMG Network (OMG) Trading Up 6.7% This Week

OMG Network (OMG) traded down 5.9% against the dollar during the 24 hour period ending at 20:00 PM E.T. on April 24th. OMG Network has a market cap of $93.15 million and $17.43 million worth of OMG Network was traded on exchanges in the last day. During the last seven days, OMG Network has traded up 6.7% against the dollar. One OMG Network token can now be bought for about $0.66 or 0.00001034 BTC on exchanges.

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

• Avalanche (AVAX) traded down 4.9% against the dollar and now trades at $36.39 or 0.00056632 BTC.
• NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $6.85 or 0.00010653 BTC.
• Internet Computer (ICP) traded 5.4% lower against the dollar and now trades at $13.70 or 0.00021315 BTC.
• Hedera (HBAR) traded down 20.5% against the dollar and now trades at $0.12 or 0.00000192 BTC.
• Cronos (CRO) traded 5.1% lower against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded down 3.6% against the dollar and now trades at $8.40 or 0.00013067 BTC.
• Fetch.ai (FET) traded 7.4% lower against the dollar and now trades at $2.26 or 0.00003523 BTC.
• Algorand (ALGO) traded up 9.2% against the dollar and now trades at $0.21 or 0.00000330 BTC.
• Akash Network (AKT) traded down 0.5% against the dollar and now trades at $5.09 or 0.00007924 BTC.
• Kava (KAVA) traded down 3.6% against the dollar and now trades at $0.73 or 0.00001139 BTC.

OMG Network Profile

OMG Network 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. The official website for OMG Network is omg.network. 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.”

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 Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView