OMG Network (OMG) Market Cap Hits $15.63 Million

OMG Network (OMG) traded down 3.1% against the US dollar during the 1-day period ending at 8:00 AM ET on November 13th. OMG Network has a total market capitalization of $15.63 million and $2.49 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be purchased for about $0.11 or 0.00000108 BTC on major cryptocurrency exchanges. Over the last week, OMG Network has traded down 2.6% against the US dollar.

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

• Cronos (CRO) traded 1.7% lower against the dollar and now trades at $0.13 or 0.00000124 BTC.
• Hedera (HBAR) traded down 4% against the dollar and now trades at $0.18 or 0.00000173 BTC.
• Avalanche (AVAX) traded down 1.8% against the dollar and now trades at $17.29 or 0.00016796 BTC.
• Internet Computer (ICP) traded down 5% against the dollar and now trades at $6.08 or 0.00005910 BTC.
• NEAR Protocol (NEAR) traded down 3.2% against the dollar and now trades at $2.55 or 0.00002475 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.18 or 0.00000172 BTC.
• Cosmos (ATOM) traded down 4.6% against the dollar and now trades at $2.95 or 0.00002867 BTC.
• Fetch.ai (FET) traded 8.8% lower against the dollar and now trades at $0.31 or 0.00000302 BTC.
• Akash Network (AKT) traded 6% lower against the dollar and now trades at $0.61 or 0.00000597 BTC.
• Theta Fuel (TFUEL) traded down 8.2% against the dollar and now trades at $0.0231 or 0.00000022 BTC.

About OMG Network

OMG uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The Reddit community for OMG Network is https://reddit.com/r/omgnetwork and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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