OMG Network (OMG) Price Reaches $0.64

OMG Network (OMG) traded up 7.8% against the dollar during the 24 hour period ending at 13:00 PM E.T. on May 2nd. One OMG Network token can now be bought for $0.64 or 0.00001075 BTC on major exchanges. During the last week, OMG Network has traded down 5.1% against the dollar. OMG Network has a total market cap of $89.07 million and approximately $13.59 million worth of OMG Network was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 4.9% higher against the dollar and now trades at $33.68 or 0.00056976 BTC.
• NEAR Protocol (NEAR) traded up 2.5% against the dollar and now trades at $6.12 or 0.00010358 BTC.
• Internet Computer (ICP) traded up 5.9% against the dollar and now trades at $13.42 or 0.00022709 BTC.
• Hedera (HBAR) traded 0.7% higher against the dollar and now trades at $0.0985 or 0.00000167 BTC.
• Cronos (CRO) traded 3.7% higher against the dollar and now trades at $0.13 or 0.00000216 BTC.
• Cosmos (ATOM) traded up 5.2% against the dollar and now trades at $8.62 or 0.00014586 BTC.
• Fetch.ai (FET) traded 3% higher against the dollar and now trades at $2.00 or 0.00003384 BTC.
• Algorand (ALGO) traded up 4% against the dollar and now trades at $0.18 or 0.00000308 BTC.
• Akash Network (AKT) traded 7.9% higher against the dollar and now trades at $4.21 or 0.00007113 BTC.
• Kava (KAVA) traded 4.9% higher against the dollar and now trades at $0.65 or 0.00001107 BTC.

OMG Network Token Profile

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 website is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. 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 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 aforementioned exchanges.

OMG/USD price chart by TradingView