OMG Network (OMG) Price Down 8.6% Over Last 7 Days

OMG Network (OMG) traded 2.4% lower against the U.S. dollar during the 24 hour period ending at 8:00 AM ET on March 6th. OMG Network has a total market capitalization of $30.70 million and approximately $4.32 million worth of OMG Network was traded on exchanges in the last day. Over the last week, OMG Network has traded down 8.6% against the U.S. dollar. One OMG Network token can now be purchased for approximately $0.22 or 0.00000243 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Hedera (HBAR) traded 3.8% lower against the dollar and now trades at $0.24 or 0.00000271 BTC.
• Avalanche (AVAX) traded up 2.9% against the dollar and now trades at $21.61 or 0.00024012 BTC.
• NEAR Protocol (NEAR) traded 6.9% higher against the dollar and now trades at $3.10 or 0.00003442 BTC.
• Internet Computer (ICP) traded up 1.6% against the dollar and now trades at $6.31 or 0.00007012 BTC.
• Cronos (CRO) traded 16.6% higher against the dollar and now trades at $0.0919 or 0.00000102 BTC.
• Algorand (ALGO) traded 0.3% lower against the dollar and now trades at $0.25 or 0.00000276 BTC.
• Cosmos (ATOM) traded up 3% against the dollar and now trades at $4.37 or 0.00004851 BTC.
• Fetch.ai (FET) traded 4.2% higher against the dollar and now trades at $0.64 or 0.00000706 BTC.
• Kava (KAVA) traded 5.1% higher against the dollar and now trades at $0.45 or 0.00000504 BTC.
• Akash Network (AKT) traded up 0.9% against the dollar and now trades at $1.43 or 0.00001571 BTC.

OMG Network Profile

OMG Network (CRYPTO:OMG) 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. 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 presently possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView