OMG Network (OMG) One Day Trading Volume Tops $10.38 Million

OMG Network (OMG) traded down 2.5% against the US dollar during the 24 hour period ending at 13:00 PM ET on October 17th. One OMG Network token can currently be purchased for approximately $0.26 or 0.00000386 BTC on exchanges. In the last week, OMG Network has traded up 0.5% against the US dollar. OMG Network has a total market capitalization of $36.52 million and approximately $10.38 million worth of OMG Network was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 0.6% against the dollar and now trades at $27.50 or 0.00040783 BTC.
• NEAR Protocol (NEAR) traded 3.9% lower against the dollar and now trades at $4.74 or 0.00007032 BTC.
• Internet Computer (ICP) traded down 3.2% against the dollar and now trades at $7.67 or 0.00011369 BTC.
• Cronos (CRO) traded 0.5% higher against the dollar and now trades at $0.0786 or 0.00000117 BTC.
• Hedera (HBAR) traded down 5% against the dollar and now trades at $0.0511 or 0.00000076 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $4.31 or 0.00006394 BTC.
• Fetch.ai (FET) traded 4.3% lower against the dollar and now trades at $1.38 or 0.00002041 BTC.
• Algorand (ALGO) traded down 2.7% against the dollar and now trades at $0.12 or 0.00000177 BTC.
• Akash Network (AKT) traded down 4.8% against the dollar and now trades at $2.49 or 0.00003701 BTC.
• Theta Fuel (TFUEL) traded down 1.9% against the dollar and now trades at $0.0601 or 0.00000089 BTC.

OMG Network Profile

OMG uses the hashing algorithm. It launched on June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official website 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 presently possible to purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView