OMG Network Achieves Market Cap of $60.24 Million (OMG)

OMG Network (OMG) traded 0.7% higher against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on December 16th. During the last week, OMG Network has traded 18% lower against the U.S. dollar. OMG Network has a total market cap of $60.24 million and $12.29 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be purchased for $0.43 or 0.00000414 BTC on popular exchanges.

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

• Avalanche (AVAX) traded 2.1% lower against the dollar and now trades at $48.66 or 0.00046887 BTC.
• Hedera (HBAR) traded 4.9% lower against the dollar and now trades at $0.28 or 0.00000267 BTC.
• NEAR Protocol (NEAR) traded down 1.3% against the dollar and now trades at $6.58 or 0.00006338 BTC.
• Internet Computer (ICP) traded down 3.4% against the dollar and now trades at $12.44 or 0.00011987 BTC.
• Cronos (CRO) traded 4.5% lower against the dollar and now trades at $0.17 or 0.00000165 BTC.
• Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $1.70 or 0.00001635 BTC.
• Cosmos (ATOM) traded down 2.7% against the dollar and now trades at $8.69 or 0.00008369 BTC.
• Algorand (ALGO) traded down 3.4% against the dollar and now trades at $0.40 or 0.00000389 BTC.
• Akash Network (AKT) traded 2.3% lower against the dollar and now trades at $3.69 or 0.00003545 BTC.
• Kava (KAVA) traded down 2.3% against the dollar and now trades at $0.54 or 0.00000525 BTC.

About OMG Network

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. The official website for OMG Network 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 presently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView