OMG Network Tops 24-Hour Volume of $5.50 Million (OMG)

OMG Network (OMG) traded down 1.3% against the US dollar during the 1-day period ending at 12:00 PM E.T. on September 2nd. One OMG Network token can currently be bought for about $0.21 or 0.00000352 BTC on popular exchanges. OMG Network has a total market cap of $28.90 million and approximately $5.50 million worth of OMG Network was traded on exchanges in the last 24 hours. In the last seven days, OMG Network has traded 17.3% lower against the US dollar.

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

• Avalanche (AVAX) traded 1.4% lower against the dollar and now trades at $22.11 or 0.00037755 BTC.
• NEAR Protocol (NEAR) traded down 1% against the dollar and now trades at $3.96 or 0.00006763 BTC.
• Internet Computer (ICP) traded down 0.2% against the dollar and now trades at $7.39 or 0.00012623 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0804 or 0.00000137 BTC.
• Hedera (HBAR) traded 2.3% higher against the dollar and now trades at $0.0502 or 0.00000086 BTC.
• Cosmos (ATOM) traded down 2.3% against the dollar and now trades at $4.39 or 0.00007491 BTC.
• Fetch.ai (FET) traded 1.3% higher against the dollar and now trades at $1.20 or 0.00002043 BTC.
• Algorand (ALGO) traded 2% higher against the dollar and now trades at $0.12 or 0.00000211 BTC.
• Akash Network (AKT) traded down 1.9% against the dollar and now trades at $2.38 or 0.00004057 BTC.
• Theta Fuel (TFUEL) traded 0.4% lower against the dollar and now trades at $0.0556 or 0.00000095 BTC.

OMG Network Token Profile

OMG Network (OMG) 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. 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 currently 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 Changelly, Gemini or GDAX. 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