OMG Network Market Cap Reaches $8.60 Million (OMG)

OMG Network (OMG) traded down 4% against the US dollar during the 24-hour period ending at 9:00 AM ET on February 17th. One OMG Network token can currently be bought for $0.0614 or 0.00000090 BTC on cryptocurrency exchanges. Over the last week, OMG Network has traded up 7.3% against the US dollar. OMG Network has a market capitalization of $8.60 million and $2.33 million worth of OMG Network was traded on exchanges in the last day.

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

• Cronos (CRO) traded 0% lower against the dollar and now trades at $0.0794 or 0.00000117 BTC.
• Hedera (HBAR) traded down 0.5% against the dollar and now trades at $0.10 or 0.00000147 BTC.
• Avalanche (AVAX) traded down 0.7% against the dollar and now trades at $9.17 or 0.00013458 BTC.
• Internet Computer (ICP) traded 0.7% lower against the dollar and now trades at $2.39 or 0.00003503 BTC.
• NEAR Protocol (NEAR) traded 0.7% higher against the dollar and now trades at $1.06 or 0.00001552 BTC.
• Cosmos (ATOM) traded up 3.5% against the dollar and now trades at $2.28 or 0.00003348 BTC.
• Algorand (ALGO) traded down 0.7% against the dollar and now trades at $0.0944 or 0.00000139 BTC.
• Fetch.ai (FET) traded down 0.5% against the dollar and now trades at $0.17 or 0.00000251 BTC.
• PayProtocol Paycoin (PCI) traded down 0.6% against the dollar and now trades at $0.0598 or 0.00000088 BTC.
• Theta Fuel (TFUEL) traded up 0.1% against the dollar and now trades at $0.0150 or 0.00000022 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. 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.”

OMG Network Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView