OMG Network (OMG) Price Hits $0.34 on Major Exchanges

OMG Network (OMG) traded down 2.1% against the U.S. dollar during the 24 hour period ending at 14:00 PM ET on June 26th. OMG Network has a total market capitalization of $47.40 million and approximately $8.79 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be bought for approximately $0.34 or 0.00000555 BTC on major cryptocurrency exchanges. In the last week, OMG Network has traded 0.1% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 1.6% higher against the dollar and now trades at $25.95 or 0.00042570 BTC.
• NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $5.20 or 0.00008537 BTC.
• Internet Computer (ICP) traded 2.4% lower against the dollar and now trades at $8.14 or 0.00013349 BTC.
• Hedera (HBAR) traded down 5.7% against the dollar and now trades at $0.0751 or 0.00000123 BTC.
• Cosmos (ATOM) traded 2.9% lower against the dollar and now trades at $6.79 or 0.00011143 BTC.
• Cronos (CRO) traded 6.2% lower against the dollar and now trades at $0.0883 or 0.00000145 BTC.
• Fetch.ai (FET) traded up 10.4% against the dollar and now trades at $1.76 or 0.00002886 BTC.
• Algorand (ALGO) traded down 1.8% against the dollar and now trades at $0.14 or 0.00000229 BTC.
• Akash Network (AKT) traded 3.8% lower against the dollar and now trades at $2.95 or 0.00004828 BTC.
• Kava (KAVA) traded 3.6% lower against the dollar and now trades at $0.45 or 0.00000740 BTC.

OMG Network Profile

OMG uses the hashing algorithm. Its launch date was 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. OMG Network’s official website 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 possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView