OMG Network Reaches Market Capitalization of $159.94 Million (OMG)

OMG Network (OMG) traded up 3.2% against the dollar during the 1-day period ending at 18:00 PM ET on March 29th. One OMG Network token can now be purchased for approximately $1.14 or 0.00001641 BTC on exchanges. OMG Network has a total market capitalization of $159.94 million and approximately $30.47 million worth of OMG Network was traded on exchanges in the last 24 hours. During the last seven days, OMG Network has traded 16% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 3.2% lower against the dollar and now trades at $52.75 or 0.00075887 BTC.
• Internet Computer (ICP) traded 3.3% lower against the dollar and now trades at $17.10 or 0.00024598 BTC.
• NEAR Protocol (NEAR) traded 4.5% lower against the dollar and now trades at $6.90 or 0.00009927 BTC.
• Cosmos (ATOM) traded up 1.8% against the dollar and now trades at $12.54 or 0.00018036 BTC.
• Cronos (CRO) traded 1.1% lower against the dollar and now trades at $0.15 or 0.00000222 BTC.
• Hedera (HBAR) traded down 1.8% against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Fetch.ai (FET) traded 5.4% lower against the dollar and now trades at $3.12 or 0.00004485 BTC.
• Algorand (ALGO) traded 1.9% lower against the dollar and now trades at $0.27 or 0.00000384 BTC.
• Akash Network (AKT) traded down 2.7% against the dollar and now trades at $5.16 or 0.00007442 BTC.
• Kava (KAVA) traded 2.6% higher against the dollar and now trades at $1.04 or 0.00001490 BTC.

About OMG Network

OMG 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 possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy 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 buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView