OMG Network (OMG) Price Tops $0.25 on Major Exchanges

OMG Network (OMG) traded 3.1% higher against the dollar during the 24-hour period ending at 23:00 PM E.T. on August 23rd. One OMG Network token can now be bought for about $0.25 or 0.00000397 BTC on major exchanges. OMG Network has a total market cap of $35.62 million and $5.99 million worth of OMG Network was traded on exchanges in the last day. During the last seven days, OMG Network has traded up 20.8% against the dollar.

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

• Avalanche (AVAX) traded 0.1% higher against the dollar and now trades at $26.38 or 0.00041268 BTC.
• NEAR Protocol (NEAR) traded up 7.4% against the dollar and now trades at $4.78 or 0.00007479 BTC.
• Internet Computer (ICP) traded up 5% against the dollar and now trades at $8.61 or 0.00013471 BTC.
• Cronos (CRO) traded 3.8% higher against the dollar and now trades at $0.0903 or 0.00000141 BTC.
• Hedera (HBAR) traded up 5.4% against the dollar and now trades at $0.0589 or 0.00000092 BTC.
• Cosmos (ATOM) traded 7.7% higher against the dollar and now trades at $5.11 or 0.00007991 BTC.
• Fetch.ai (FET) traded 18.2% higher against the dollar and now trades at $1.22 or 0.00001904 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.14 or 0.00000225 BTC.
• Akash Network (AKT) traded up 8.3% against the dollar and now trades at $2.67 or 0.00004124 BTC.
• Theta Fuel (TFUEL) traded up 8.4% against the dollar and now trades at $0.0644 or 0.00000101 BTC.

About OMG Network

OMG uses the hashing algorithm. It was first traded 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.”

OMG Network Token Trading

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

OMG/USD price chart by TradingView