OMG Network Achieves Market Cap of $34.84 Million (OMG)

OMG Network (OMG) traded 2.8% higher against the U.S. dollar during the twenty-four hour period ending at 22:00 PM E.T. on October 29th. One OMG Network token can now be purchased for $0.25 or 0.00000344 BTC on cryptocurrency exchanges. During the last seven days, OMG Network has traded 6.3% lower against the U.S. dollar. OMG Network has a total market capitalization of $34.84 million and approximately $5.22 million worth of OMG Network was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $26.55 or 0.00036713 BTC.
• NEAR Protocol (NEAR) traded up 0.6% against the dollar and now trades at $4.38 or 0.00006050 BTC.
• Internet Computer (ICP) traded 2.6% higher against the dollar and now trades at $8.10 or 0.00011203 BTC.
• Cronos (CRO) traded up 2.4% against the dollar and now trades at $0.0763 or 0.00000106 BTC.
• Hedera (HBAR) traded 0.7% higher against the dollar and now trades at $0.0491 or 0.00000068 BTC.
• Cosmos (ATOM) traded up 0.5% against the dollar and now trades at $4.49 or 0.00006214 BTC.
• Fetch.ai (FET) traded 1.9% higher against the dollar and now trades at $1.32 or 0.00001822 BTC.
• Algorand (ALGO) traded up 3.4% against the dollar and now trades at $0.12 or 0.00000170 BTC.
• Akash Network (AKT) traded 4.7% higher against the dollar and now trades at $2.38 or 0.00003265 BTC.
• Theta Fuel (TFUEL) traded 1.5% higher against the dollar and now trades at $0.0558 or 0.00000077 BTC.

OMG Network Token Profile

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. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The official website for OMG Network is omg.network.

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 U.S. dollars. Investors seeking to trade OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView