OMG Network (OMG) Hits 24 Hour Trading Volume of $11.16 Million

OMG Network (OMG) traded 8.8% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on November 26th. One OMG Network token can now be bought for about $0.37 or 0.00000405 BTC on cryptocurrency exchanges. In the last seven days, OMG Network has traded 19.9% higher against the U.S. dollar. OMG Network has a total market capitalization of $52.43 million and approximately $11.16 million worth of OMG Network was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 13% lower against the dollar and now trades at $39.59 or 0.00042861 BTC.
• NEAR Protocol (NEAR) traded 9.8% lower against the dollar and now trades at $6.11 or 0.00006618 BTC.
• Internet Computer (ICP) traded 10.9% lower against the dollar and now trades at $11.05 or 0.00011961 BTC.
• Hedera (HBAR) traded down 10% against the dollar and now trades at $0.13 or 0.00000141 BTC.
• Cronos (CRO) traded 11.4% lower against the dollar and now trades at $0.17 or 0.00000182 BTC.
• Fetch.ai (FET) traded down 10% against the dollar and now trades at $1.35 or 0.00001465 BTC.
• Cosmos (ATOM) traded down 10.4% against the dollar and now trades at $7.73 or 0.00008372 BTC.
• Algorand (ALGO) traded 8.2% lower against the dollar and now trades at $0.26 or 0.00000282 BTC.
• Akash Network (AKT) traded down 7.3% against the dollar and now trades at $3.71 or 0.00004037 BTC.
• Kava (KAVA) traded 7.6% lower against the dollar and now trades at $0.50 or 0.00000542 BTC.

OMG Network Token Profile

OMG Network uses the hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network 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 US dollars. Investors seeking to acquire OMG Network should first purchase 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 purchase OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView