OMG Network Price Up 3% This Week (OMG)

OMG Network (OMG) traded down 1% against the U.S. dollar during the 1-day period ending at 10:00 AM ET on June 29th. OMG Network has a market capitalization of $47.79 million and $8.65 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be purchased for about $0.34 or 0.00000560 BTC on cryptocurrency exchanges. During the last week, OMG Network has traded up 3% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 2.3% lower against the dollar and now trades at $27.60 or 0.00045341 BTC.
• NEAR Protocol (NEAR) traded down 2.3% against the dollar and now trades at $5.00 or 0.00008209 BTC.
• Internet Computer (ICP) traded down 2.2% against the dollar and now trades at $7.95 or 0.00013054 BTC.
• Hedera (HBAR) traded down 2.2% against the dollar and now trades at $0.0767 or 0.00000126 BTC.
• Cosmos (ATOM) traded 2.9% lower against the dollar and now trades at $6.74 or 0.00011075 BTC.
• Cronos (CRO) traded 0.5% lower against the dollar and now trades at $0.0914 or 0.00000150 BTC.
• Fetch.ai (FET) traded 2% lower against the dollar and now trades at $1.40 or 0.00002304 BTC.
• Algorand (ALGO) traded 1.4% lower against the dollar and now trades at $0.14 or 0.00000232 BTC.
• Akash Network (AKT) traded down 0.8% against the dollar and now trades at $3.59 or 0.00005883 BTC.
• Theta Fuel (TFUEL) traded 2.7% lower against the dollar and now trades at $0.0746 or 0.00000123 BTC.

About OMG Network

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official website 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.”

Buying and Selling OMG Network

It is usually not presently possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView