OMG Network 24-Hour Trading Volume Reaches $12.36 Million (OMG)

OMG Network (OMG) traded 4.5% higher against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on May 6th. In the last week, OMG Network has traded up 7.2% against the dollar. OMG Network has a total market cap of $94.75 million and approximately $12.36 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be purchased for approximately $0.68 or 0.00001053 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 4.8% higher against the dollar and now trades at $38.59 or 0.00060162 BTC.
• NEAR Protocol (NEAR) traded 5.9% higher against the dollar and now trades at $7.38 or 0.00011507 BTC.
• Internet Computer (ICP) traded up 4.4% against the dollar and now trades at $13.51 or 0.00021068 BTC.
• Hedera (HBAR) traded 7.8% higher against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Cosmos (ATOM) traded 6.7% higher against the dollar and now trades at $9.37 or 0.00014609 BTC.
• Cronos (CRO) traded up 0.6% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Fetch.ai (FET) traded 9.5% higher against the dollar and now trades at $2.41 or 0.00003756 BTC.
• Algorand (ALGO) traded up 1% against the dollar and now trades at $0.20 or 0.00000310 BTC.
• Akash Network (AKT) traded up 6.5% against the dollar and now trades at $4.95 or 0.00007686 BTC.
• Kava (KAVA) traded 1.7% higher against the dollar and now trades at $0.69 or 0.00001079 BTC.

OMG Network Profile

OMG Network (OMG) uses the hashing algorithm. Its genesis date was 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, “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 U.S. dollars. Investors seeking to trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini 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

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