OMG Network Trading 2.2% Higher Over Last 7 Days (OMG)

OMG Network (OMG) traded down 0% against the US dollar during the 1 day period ending at 7:00 AM Eastern on May 9th. OMG Network has a total market capitalization of $89.31 million and approximately $10.67 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be bought for approximately $0.64 or 0.00001045 BTC on major cryptocurrency exchanges. In the last week, OMG Network has traded up 2.2% against the US dollar.

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

• Avalanche (AVAX) traded 1.8% lower against the dollar and now trades at $33.93 or 0.00055658 BTC.
• NEAR Protocol (NEAR) traded 1.6% lower against the dollar and now trades at $7.02 or 0.00011513 BTC.
• Internet Computer (ICP) traded 2.6% lower against the dollar and now trades at $11.86 or 0.00019458 BTC.
• Hedera (HBAR) traded 0.5% lower against the dollar and now trades at $0.11 or 0.00000175 BTC.
• Cosmos (ATOM) traded up 0.5% against the dollar and now trades at $8.94 or 0.00014668 BTC.
• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.12 or 0.00000202 BTC.
• Fetch.ai (FET) traded down 4.7% against the dollar and now trades at $2.15 or 0.00003528 BTC.
• Algorand (ALGO) traded down 1.5% against the dollar and now trades at $0.19 or 0.00000304 BTC.
• Akash Network (AKT) traded up 7.3% against the dollar and now trades at $4.75 or 0.00007776 BTC.
• Theta Fuel (TFUEL) traded down 2.2% against the dollar and now trades at $0.11 or 0.00000176 BTC.

OMG Network Profile

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. 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 currently 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 Coinbase, GDAX or Gemini. 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