OMG Network (OMG) Hits 24 Hour Volume of $5.77 Million

OMG Network (OMG) traded 2.7% higher against the US dollar during the twenty-four hour period ending at 7:00 AM ET on February 26th. OMG Network has a market cap of $33.16 million and $5.77 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be purchased for approximately $0.24 or 0.00000268 BTC on major cryptocurrency exchanges. Over the last week, OMG Network has traded 6.2% lower against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 1.5% against the dollar and now trades at $21.94 or 0.00024863 BTC.
• Hedera (HBAR) traded up 5% against the dollar and now trades at $0.20 or 0.00000223 BTC.
• NEAR Protocol (NEAR) traded up 2.5% against the dollar and now trades at $3.03 or 0.00003437 BTC.
• Internet Computer (ICP) traded up 4.8% against the dollar and now trades at $6.52 or 0.00007388 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0750 or 0.00000085 BTC.
• Algorand (ALGO) traded up 4.6% against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Cosmos (ATOM) traded 6.4% higher against the dollar and now trades at $4.58 or 0.00005187 BTC.
• Fetch.ai (FET) traded 0.1% higher against the dollar and now trades at $0.65 or 0.00000741 BTC.
• Kava (KAVA) traded 3.3% higher against the dollar and now trades at $0.41 or 0.00000467 BTC.
• Akash Network (AKT) traded up 1.3% against the dollar and now trades at $1.59 or 0.00001794 BTC.

OMG Network Token Profile

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. 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.

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 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 Coinbase, Changelly or GDAX. 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