OMG Network (OMG) Tops 24-Hour Trading Volume of $5.96 Million

OMG Network (OMG) traded 4.6% higher against the U.S. dollar during the 24 hour period ending at 14:00 PM E.T. on October 11th. One OMG Network token can currently be bought for $0.27 or 0.00000431 BTC on popular cryptocurrency exchanges. During the last seven days, OMG Network has traded up 7% against the U.S. dollar. OMG Network has a market capitalization of $37.98 million and $5.96 million worth of OMG Network was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded up 5.9% against the dollar and now trades at $26.91 or 0.00042795 BTC.
• NEAR Protocol (NEAR) traded 6.8% higher against the dollar and now trades at $4.77 or 0.00007578 BTC.
• Internet Computer (ICP) traded 3.9% higher against the dollar and now trades at $8.12 or 0.00012912 BTC.
• Cronos (CRO) traded 4.1% higher against the dollar and now trades at $0.0779 or 0.00000124 BTC.
• Hedera (HBAR) traded 4.1% higher against the dollar and now trades at $0.0515 or 0.00000082 BTC.
• Cosmos (ATOM) traded 5.1% higher against the dollar and now trades at $4.28 or 0.00006813 BTC.
• Fetch.ai (FET) traded 10.6% higher against the dollar and now trades at $1.41 or 0.00002245 BTC.
• Algorand (ALGO) traded up 4.4% against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Akash Network (AKT) traded up 5.7% against the dollar and now trades at $2.42 or 0.00003884 BTC.
• Theta Fuel (TFUEL) traded 7.4% higher against the dollar and now trades at $0.0605 or 0.00000096 BTC.

About OMG Network

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 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. OMG Network’s official website is omg.network.

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 purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly 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