OMG Network (OMG) Price Up 8.9% Over Last 7 Days

OMG Network (OMG) traded down 3.5% against the US dollar during the twenty-four hour period ending at 7:00 AM ET on May 8th. OMG Network has a total market capitalization of $89.66 million and approximately $11.85 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be purchased for $0.64 or 0.00001024 BTC on popular cryptocurrency exchanges. During the last seven days, OMG Network has traded 8.9% higher against the US dollar.

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

• Avalanche (AVAX) traded 6.3% lower against the dollar and now trades at $34.66 or 0.00055538 BTC.
• NEAR Protocol (NEAR) traded 5.4% lower against the dollar and now trades at $7.18 or 0.00011503 BTC.
• Internet Computer (ICP) traded down 5.4% against the dollar and now trades at $12.23 or 0.00019603 BTC.
• Hedera (HBAR) traded 5.3% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cosmos (ATOM) traded 3.8% lower against the dollar and now trades at $8.90 or 0.00014264 BTC.
• Cronos (CRO) traded 4.7% lower against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Fetch.ai (FET) traded 8.8% lower against the dollar and now trades at $2.27 or 0.00003633 BTC.
• Algorand (ALGO) traded down 3.6% against the dollar and now trades at $0.19 or 0.00000303 BTC.
• Akash Network (AKT) traded down 6.4% against the dollar and now trades at $4.42 or 0.00007090 BTC.
• Theta Fuel (TFUEL) traded up 0.2% against the dollar and now trades at $0.11 or 0.00000176 BTC.

OMG Network Profile

OMG uses the hashing algorithm. Its genesis date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. 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 website is omg.network. 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 presently possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView