OMG Network (OMG) Price Tops $0.23 on Exchanges

OMG Network (OMG) traded up 6.2% against the U.S. dollar during the 1 day period ending at 20:00 PM ET on November 5th. OMG Network has a total market cap of $32.05 million and approximately $4.76 million worth of OMG Network was traded on exchanges in the last day. During the last week, OMG Network has traded down 7.9% against the U.S. dollar. One OMG Network token can now be bought for $0.23 or 0.00000322 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 8.6% higher against the dollar and now trades at $24.63 or 0.00034729 BTC.
• NEAR Protocol (NEAR) traded up 7.4% against the dollar and now trades at $3.90 or 0.00005500 BTC.
• Internet Computer (ICP) traded up 7.1% against the dollar and now trades at $7.53 or 0.00010619 BTC.
• Fetch.ai (FET) traded 13.7% higher against the dollar and now trades at $1.28 or 0.00001808 BTC.
• Cronos (CRO) traded up 3.1% against the dollar and now trades at $0.0729 or 0.00000103 BTC.
• Hedera (HBAR) traded 11% higher against the dollar and now trades at $0.0475 or 0.00000067 BTC.
• Cosmos (ATOM) traded 8.6% higher against the dollar and now trades at $4.27 or 0.00006025 BTC.
• Algorand (ALGO) traded up 5.8% against the dollar and now trades at $0.12 or 0.00000164 BTC.
• Akash Network (AKT) traded 6.4% higher against the dollar and now trades at $2.31 or 0.00003348 BTC.
• Theta Fuel (TFUEL) traded 6.9% higher against the dollar and now trades at $0.0518 or 0.00000073 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. 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.”

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 trade OMG Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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