OMG Network Price Down 29.2% Over Last 7 Days (OMG)

OMG Network (OMG) traded 8.5% lower against the dollar during the one day period ending at 15:00 PM ET on April 13th. In the last seven days, OMG Network has traded down 29.2% against the dollar. One OMG Network token can now be purchased for approximately $0.67 or 0.00000997 BTC on major cryptocurrency exchanges. OMG Network has a market capitalization of $94.01 million and approximately $37.29 million worth of OMG Network was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 3.8% lower against the dollar and now trades at $36.44 or 0.00054228 BTC.
• Internet Computer (ICP) traded up 1.4% against the dollar and now trades at $13.16 or 0.00019588 BTC.
• NEAR Protocol (NEAR) traded 4.7% lower against the dollar and now trades at $5.37 or 0.00007988 BTC.
• Cronos (CRO) traded 2.1% higher against the dollar and now trades at $0.14 or 0.00000203 BTC.
• Cosmos (ATOM) traded down 4.3% against the dollar and now trades at $8.63 or 0.00012843 BTC.
• Hedera (HBAR) traded down 1% against the dollar and now trades at $0.0821 or 0.00000122 BTC.
• Fetch.ai (FET) traded 0.6% higher against the dollar and now trades at $2.08 or 0.00003100 BTC.
• Algorand (ALGO) traded 1.4% lower against the dollar and now trades at $0.18 or 0.00000271 BTC.
• Akash Network (AKT) traded down 4.6% against the dollar and now trades at $3.54 or 0.00005298 BTC.
• Kava (KAVA) traded 7% lower against the dollar and now trades at $0.71 or 0.00001058 BTC.

OMG Network Token Profile

OMG Network uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official website 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 possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX 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