OMG Network Market Cap Achieves $1.02 Billion (OMG)


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OMG Network (CURRENCY:OMG) traded down 13.9% against the dollar during the 24 hour period ending at 23:00 PM E.T. on April 19th. One OMG Network coin can now be bought for about $7.27 or 0.00013331 BTC on cryptocurrency exchanges. OMG Network has a total market capitalization of $1.02 billion and approximately $681.52 million worth of OMG Network was traded on exchanges in the last 24 hours. Over the last seven days, OMG Network has traded down 21.9% against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

  • Harvest Finance (FARM) traded 3.8% lower against the dollar and now trades at $235.04 or 0.00430781 BTC.
  • Thunder Token (TT) traded 14.7% lower against the dollar and now trades at $0.0170 or 0.00000031 BTC.
  • Mithril (MITH) traded down 18.3% against the dollar and now trades at $0.0960 or 0.00000176 BTC.
  • Raiden Network Token (RDN) traded down 10.4% against the dollar and now trades at $0.94 or 0.00001715 BTC.
  • ROOBEE (ROOBEE) traded 5.1% lower against the dollar and now trades at $0.0132 or 0.00000024 BTC.
  • Dracula Token (DRC) traded up 2.6% against the dollar and now trades at $1.21 or 0.00002214 BTC.
  • The Force Protocol (FOR) traded down 0.6% against the dollar and now trades at $0.0238 or 0.00000126 BTC.
  • Digital Reserve Currency (DRC) traded down 16.3% against the dollar and now trades at $0.0091 or 0.00000017 BTC.
  • ContentBox (BOX) traded 6.6% lower against the dollar and now trades at $0.0036 or 0.00000007 BTC.
  • BOX Token (BOX) traded 5.2% higher against the dollar and now trades at $0.0449 or 0.00000082 BTC.

About OMG Network

OMG is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 coins. OMG Network’s official website 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 @omise_go 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: OmiseGO Rebrands to OMG Network “

OMG Network Coin Trading

It is usually not 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 aforementioned exchanges.

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