OMG Network (OMG) Price Tops $0.26 on Exchanges

OMG Network (OMG) traded 0.2% lower against the US dollar during the one day period ending at 23:00 PM ET on October 23rd. Over the last seven days, OMG Network has traded down 2.1% against the US dollar. One OMG Network token can currently be purchased for approximately $0.26 or 0.00000390 BTC on popular cryptocurrency exchanges. OMG Network has a market cap of $36.74 million and $5.52 million worth of OMG Network was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 1.2% lower against the dollar and now trades at $27.00 or 0.00040199 BTC.
• NEAR Protocol (NEAR) traded 1% higher against the dollar and now trades at $4.67 or 0.00006955 BTC.
• Internet Computer (ICP) traded up 4.7% against the dollar and now trades at $8.24 or 0.00012266 BTC.
• Cronos (CRO) traded 1.2% lower against the dollar and now trades at $0.0760 or 0.00000113 BTC.
• Hedera (HBAR) traded 1.3% lower against the dollar and now trades at $0.0516 or 0.00000077 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $4.69 or 0.00006979 BTC.
• Fetch.ai (FET) traded up 0.6% against the dollar and now trades at $1.34 or 0.00002002 BTC.
• Algorand (ALGO) traded down 0.2% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded 2% lower against the dollar and now trades at $2.46 or 0.00003696 BTC.
• Theta Fuel (TFUEL) traded 1.5% lower against the dollar and now trades at $0.0590 or 0.00000088 BTC.

About OMG Network

OMG uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. 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. The official website for OMG Network is omg.network.

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.”

OMG Network Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to acquire OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView