OMG Network (OMG) Hits Market Cap of $92.29 Million

OMG Network (OMG) traded up 0.5% against the US dollar during the twenty-four hour period ending at 17:00 PM E.T. on April 27th. OMG Network has a market cap of $92.29 million and $13.89 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can currently be bought for about $0.66 or 0.00001040 BTC on exchanges. Over the last seven days, OMG Network has traded down 7.7% against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 1.8% lower against the dollar and now trades at $34.29 or 0.00054193 BTC.
• NEAR Protocol (NEAR) traded 3.8% higher against the dollar and now trades at $7.26 or 0.00011477 BTC.
• Internet Computer (ICP) traded 0.5% lower against the dollar and now trades at $13.15 or 0.00020788 BTC.
• Hedera (HBAR) traded down 4.7% against the dollar and now trades at $0.11 or 0.00000169 BTC.
• Cronos (CRO) traded 2% higher against the dollar and now trades at $0.13 or 0.00000201 BTC.
• Cosmos (ATOM) traded 0% higher against the dollar and now trades at $8.38 or 0.00013240 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $2.17 or 0.00003425 BTC.
• Algorand (ALGO) traded 1.2% lower against the dollar and now trades at $0.20 or 0.00000312 BTC.
• Akash Network (AKT) traded 1% lower against the dollar and now trades at $4.56 or 0.00007215 BTC.
• Kava (KAVA) traded 2.9% lower against the dollar and now trades at $0.69 or 0.00001096 BTC.

About OMG Network

OMG Network (CRYPTO:OMG) uses the hashing algorithm. Its genesis date was 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.”

OMG Network Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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