OMG Network 24 Hour Volume Reaches $7.97 Million (OMG)

OMG Network (OMG) traded down 2.2% against the US dollar during the 24-hour period ending at 8:00 AM Eastern on April 3rd. In the last seven days, OMG Network has traded down 9.6% against the US dollar. One OMG Network token can now be purchased for $0.20 or 0.00000242 BTC on popular exchanges. OMG Network has a total market capitalization of $28.23 million and $7.97 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Cronos (CRO) traded down 8.5% against the dollar and now trades at $0.0950 or 0.00000114 BTC.
• Avalanche (AVAX) traded 6.1% lower against the dollar and now trades at $18.13 or 0.00021800 BTC.
• Hedera (HBAR) traded down 4.2% against the dollar and now trades at $0.16 or 0.00000192 BTC.
• NEAR Protocol (NEAR) traded down 7.4% against the dollar and now trades at $2.39 or 0.00002872 BTC.
• Internet Computer (ICP) traded down 4.7% against the dollar and now trades at $5.03 or 0.00006046 BTC.
• Cosmos (ATOM) traded down 0.4% against the dollar and now trades at $4.34 or 0.00005214 BTC.
• Algorand (ALGO) traded down 6.7% against the dollar and now trades at $0.17 or 0.00000209 BTC.
• Fetch.ai (FET) traded down 6% against the dollar and now trades at $0.42 or 0.00000511 BTC.
• Kava (KAVA) traded 5.9% higher against the dollar and now trades at $0.41 or 0.00000493 BTC.
• Akash Network (AKT) traded down 11.3% against the dollar and now trades at $1.11 or 0.00001340 BTC.

OMG Network Token Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network is omg.network. 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.

According to CryptoCompare, “OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators that enforce the behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.OMG rebrand:”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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