OMG Network (OMG) Trading 10.3% Lower Over Last Week

OMG Network (OMG) traded down 1.6% against the dollar during the 1 day period ending at 8:00 AM ET on December 19th. OMG Network has a total market capitalization of $11.29 million and $2.04 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be bought for $0.0805 or 0.00000092 BTC on major exchanges. During the last seven days, OMG Network has traded down 10.3% against the dollar.

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

• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0922 or 0.00000105 BTC.
• Avalanche (AVAX) traded up 1.8% against the dollar and now trades at $11.98 or 0.00013632 BTC.
• Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.11 or 0.00000125 BTC.
• NEAR Protocol (NEAR) traded up 1% against the dollar and now trades at $1.49 or 0.00001700 BTC.
• Internet Computer (ICP) traded down 1% against the dollar and now trades at $2.90 or 0.00003296 BTC.
• Algorand (ALGO) traded 0.6% higher against the dollar and now trades at $0.11 or 0.00000128 BTC.
• Cosmos (ATOM) traded 1.2% lower against the dollar and now trades at $1.88 or 0.00002138 BTC.
• Fetch.ai (FET) traded 0.5% higher against the dollar and now trades at $0.21 or 0.00000235 BTC.
• PayProtocol Paycoin (PCI) traded down 0.1% against the dollar and now trades at $0.0675 or 0.00000077 BTC.
• Theta Fuel (TFUEL) traded up 2.5% against the dollar and now trades at $0.0176 or 0.00000020 BTC.

OMG Network Token Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. 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.

According to CryptoCompare, “OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators that enforce the behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.OMG rebrand:”

Buying and Selling OMG Network

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