OMG Network (OMG) Market Capitalization Achieves $41.63 Million

OMG Network (OMG) traded up 9.6% against the US dollar during the 24-hour period ending at 12:00 PM ET on July 6th. During the last week, OMG Network has traded down 12.6% against the US dollar. One OMG Network token can currently be purchased for approximately $0.30 or 0.00000513 BTC on major exchanges. OMG Network has a total market cap of $41.63 million and approximately $7.84 million worth of OMG Network was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 5.2% higher against the dollar and now trades at $26.31 or 0.00045512 BTC.
• NEAR Protocol (NEAR) traded up 4.6% against the dollar and now trades at $4.72 or 0.00008168 BTC.
• Internet Computer (ICP) traded up 6.7% against the dollar and now trades at $7.25 or 0.00012538 BTC.
• Hedera (HBAR) traded up 3.2% against the dollar and now trades at $0.0690 or 0.00000119 BTC.
• Cosmos (ATOM) traded up 6.3% against the dollar and now trades at $5.98 or 0.00010343 BTC.
• Cronos (CRO) traded 2.4% higher against the dollar and now trades at $0.0867 or 0.00000150 BTC.
• Fetch.ai (FET) traded 2.9% higher against the dollar and now trades at $1.23 or 0.00002127 BTC.
• Algorand (ALGO) traded up 3.3% against the dollar and now trades at $0.14 or 0.00000237 BTC.
• Akash Network (AKT) traded up 13.9% against the dollar and now trades at $3.56 or 0.00006216 BTC.
• Theta Fuel (TFUEL) traded 3.9% higher against the dollar and now trades at $0.0661 or 0.00000114 BTC.

OMG Network Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network 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.”

Buying and Selling OMG Network

It is usually not currently possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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