OMG Network 1-Day Trading Volume Tops $4.84 Million (OMG)

OMG Network (OMG) traded up 5.2% against the U.S. dollar during the 1-day period ending at 14:00 PM E.T. on November 5th. One OMG Network token can currently be purchased for $0.22 or 0.00000320 BTC on major exchanges. In the last week, OMG Network has traded down 10.9% against the U.S. dollar. OMG Network has a market cap of $31.39 million and $4.84 million worth of OMG Network was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded up 5.6% against the dollar and now trades at $24.23 or 0.00034597 BTC.
• NEAR Protocol (NEAR) traded up 6.9% against the dollar and now trades at $3.86 or 0.00005507 BTC.
• Internet Computer (ICP) traded up 4.1% against the dollar and now trades at $7.38 or 0.00010542 BTC.
• Fetch.ai (FET) traded up 10.6% against the dollar and now trades at $1.25 or 0.00001783 BTC.
• Cronos (CRO) traded up 2.7% against the dollar and now trades at $0.0728 or 0.00000104 BTC.
• Hedera (HBAR) traded 6.8% higher against the dollar and now trades at $0.0454 or 0.00000065 BTC.
• Cosmos (ATOM) traded up 6.2% against the dollar and now trades at $4.16 or 0.00005941 BTC.
• Algorand (ALGO) traded up 6.4% against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Akash Network (AKT) traded up 7.4% against the dollar and now trades at $2.32 or 0.00003309 BTC.
• Theta Fuel (TFUEL) traded up 3.2% against the dollar and now trades at $0.0509 or 0.00000073 BTC.

OMG Network Profile

OMG uses the hashing algorithm. It was first traded on 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 Twitter account is @omgnetworkhq and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView