OMG Network (OMG) Reaches 24 Hour Volume of $14.55 Million

OMG Network (OMG) traded 0.5% lower against the dollar during the 1-day period ending at 19:00 PM Eastern on May 6th. One OMG Network token can currently be bought for about $0.66 or 0.00001035 BTC on popular exchanges. Over the last seven days, OMG Network has traded 2.3% higher against the dollar. OMG Network has a market cap of $92.17 million and $14.55 million worth of OMG Network was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 0.1% higher against the dollar and now trades at $37.38 or 0.00058895 BTC.
• NEAR Protocol (NEAR) traded down 1.5% against the dollar and now trades at $7.35 or 0.00011583 BTC.
• Internet Computer (ICP) traded down 0.6% against the dollar and now trades at $12.88 or 0.00020286 BTC.
• Hedera (HBAR) traded 4.1% higher against the dollar and now trades at $0.11 or 0.00000180 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $9.26 or 0.00014592 BTC.
• Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.13 or 0.00000205 BTC.
• Fetch.ai (FET) traded up 3.1% against the dollar and now trades at $2.41 or 0.00003796 BTC.
• Algorand (ALGO) traded 1.1% lower against the dollar and now trades at $0.19 or 0.00000306 BTC.
• Akash Network (AKT) traded 3.2% lower against the dollar and now trades at $4.80 or 0.00007572 BTC.
• Kava (KAVA) traded down 1.9% against the dollar and now trades at $0.68 or 0.00001068 BTC.

OMG Network Token Profile

OMG Network 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, “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 presently possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView