OMG Network 24-Hour Trading Volume Reaches $13.95 Million (OMG)

OMG Network (OMG) traded 7% higher against the US dollar during the 24 hour period ending at 7:00 AM Eastern on January 17th. OMG Network has a market cap of $49.99 million and approximately $13.95 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can now be bought for approximately $0.36 or 0.00000348 BTC on popular exchanges. In the last week, OMG Network has traded 11.9% higher against the US dollar.

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

  • Avalanche (AVAX) traded 3.6% higher against the dollar and now trades at $41.19 or 0.00040165 BTC.
  • Hedera (HBAR) traded 5.8% higher against the dollar and now trades at $0.37 or 0.00000364 BTC.
  • NEAR Protocol (NEAR) traded 6.2% higher against the dollar and now trades at $5.60 or 0.00005455 BTC.
  • Internet Computer (ICP) traded 4.7% higher against the dollar and now trades at $11.29 or 0.00011011 BTC.
  • Algorand (ALGO) traded 2.4% higher against the dollar and now trades at $0.48 or 0.00000467 BTC.
  • Cronos (CRO) traded 0.9% higher against the dollar and now trades at $0.14 or 0.00000140 BTC.
  • Fetch.ai (FET) traded 4.4% higher against the dollar and now trades at $1.41 or 0.00001371 BTC.
  • Cosmos (ATOM) traded up 2.9% against the dollar and now trades at $6.86 or 0.00006688 BTC.
  • Akash Network (AKT) traded up 1.3% against the dollar and now trades at $3.21 or 0.00003136 BTC.
  • Kava (KAVA) traded 3.3% higher against the dollar and now trades at $0.51 or 0.00000496 BTC.

About OMG Network

OMG Network uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. The official website for OMG Network is omg.network. OMG Network’s official Twitter account is @omgnetworkhq and its Facebook page is accessible here. 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 currently possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy OMG Network using one of the exchanges listed above.

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