OMG Network Price Hits $0.26 on Top Exchanges (OMG)

OMG Network (OMG) traded down 4.2% against the dollar during the twenty-four hour period ending at 18:00 PM E.T. on October 15th. OMG Network has a market cap of $37.05 million and approximately $7.64 million worth of OMG Network was traded on exchanges in the last 24 hours. During the last week, OMG Network has traded down 3.9% against the dollar. One OMG Network token can now be bought for $0.26 or 0.00000399 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 3.6% against the dollar and now trades at $27.95 or 0.00042194 BTC.
• NEAR Protocol (NEAR) traded down 0.9% against the dollar and now trades at $4.97 or 0.00007505 BTC.
• Internet Computer (ICP) traded down 4.6% against the dollar and now trades at $7.97 or 0.00012024 BTC.
• Hedera (HBAR) traded up 5.1% against the dollar and now trades at $0.0555 or 0.00000084 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0768 or 0.00000116 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $4.44 or 0.00006704 BTC.
• Fetch.ai (FET) traded down 4.2% against the dollar and now trades at $1.44 or 0.00002170 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Akash Network (AKT) traded 1.7% lower against the dollar and now trades at $2.50 or 0.00003771 BTC.
• Theta Fuel (TFUEL) traded down 2.8% against the dollar and now trades at $0.0613 or 0.00000093 BTC.

OMG Network Profile

OMG Network uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network 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 currently possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView