OMG Network (OMG) Market Capitalization Hits $36.57 Million

OMG Network (OMG) traded up 1.1% against the U.S. dollar during the one day period ending at 7:00 AM Eastern on February 14th. OMG Network has a market capitalization of $36.57 million and approximately $6.25 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be purchased for $0.26 or 0.00000270 BTC on major exchanges. Over the last week, OMG Network has traded 6.6% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • Avalanche (AVAX) traded 1.5% higher against the dollar and now trades at $25.99 or 0.00026862 BTC.
  • Hedera (HBAR) traded 2.7% higher against the dollar and now trades at $0.23 or 0.00000239 BTC.
  • NEAR Protocol (NEAR) traded 5.7% higher against the dollar and now trades at $3.48 or 0.00003600 BTC.
  • Internet Computer (ICP) traded up 0.9% against the dollar and now trades at $7.19 or 0.00007435 BTC.
  • Algorand (ALGO) traded up 1.9% against the dollar and now trades at $0.30 or 0.00000306 BTC.
  • Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0912 or 0.00000094 BTC.
  • Fetch.ai (FET) traded 3.6% higher against the dollar and now trades at $0.81 or 0.00000834 BTC.
  • Cosmos (ATOM) traded 1.8% lower against the dollar and now trades at $4.91 or 0.00005072 BTC.
  • Kava (KAVA) traded 0% higher against the dollar and now trades at $0.48 or 0.00000501 BTC.
  • Akash Network (AKT) traded up 1% against the dollar and now trades at $1.92 or 0.00001980 BTC.

OMG Network Token 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 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.”

Buying and Selling OMG Network

It is usually not 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the exchanges listed above.

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