OMG Network (OMG) Market Cap Reaches $34.35 Million

OMG Network (OMG) traded up 0.9% against the U.S. dollar during the 24 hour period ending at 22:00 PM Eastern on August 21st. Over the last week, OMG Network has traded 10.1% higher against the U.S. dollar. OMG Network has a market capitalization of $34.35 million and approximately $6.31 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can currently be purchased for about $0.24 or 0.00000402 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 3% against the dollar and now trades at $23.38 or 0.00038412 BTC.
• NEAR Protocol (NEAR) traded 5.5% higher against the dollar and now trades at $4.24 or 0.00006963 BTC.
• Internet Computer (ICP) traded up 5.1% against the dollar and now trades at $7.67 or 0.00012602 BTC.
• Cronos (CRO) traded 0% higher against the dollar and now trades at $0.0869 or 0.00000143 BTC.
• Hedera (HBAR) traded up 2.2% against the dollar and now trades at $0.0548 or 0.00000090 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $4.73 or 0.00007774 BTC.
• Algorand (ALGO) traded 6.1% higher against the dollar and now trades at $0.14 or 0.00000223 BTC.
• Fetch.ai (FET) traded 10.7% higher against the dollar and now trades at $0.97 or 0.00001593 BTC.
• Akash Network (AKT) traded 0.7% higher against the dollar and now trades at $2.47 or 0.00004040 BTC.
• Theta Fuel (TFUEL) traded up 4.5% against the dollar and now trades at $0.0582 or 0.00000096 BTC.

About OMG Network

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 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 GDAX, Changelly or Gemini. 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