OMG Network (OMG) Price Down 33.9% Over Last Week

OMG Network (OMG) traded 0.7% higher against the dollar during the 1 day period ending at 0:00 AM Eastern on April 17th. One OMG Network token can currently be bought for approximately $0.64 or 0.00001029 BTC on exchanges. OMG Network has a market cap of $89.43 million and $18.96 million worth of OMG Network was traded on exchanges in the last 24 hours. In the last seven days, OMG Network has traded down 33.9% against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $34.38 or 0.00055461 BTC.
• NEAR Protocol (NEAR) traded up 1.7% against the dollar and now trades at $5.45 or 0.00008787 BTC.
• Internet Computer (ICP) traded 0.3% lower against the dollar and now trades at $12.17 or 0.00019633 BTC.
• Cronos (CRO) traded down 3.3% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded up 0.4% against the dollar and now trades at $8.15 or 0.00013141 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0798 or 0.00000129 BTC.
• Fetch.ai (FET) traded down 1.9% against the dollar and now trades at $2.00 or 0.00003224 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.17 or 0.00000275 BTC.
• Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $3.76 or 0.00006129 BTC.
• Kava (KAVA) traded 1.5% higher against the dollar and now trades at $0.65 or 0.00001054 BTC.

OMG Network Token Profile

OMG Network uses the hashing algorithm. Its launch date was June 23rd, 2017. OMG Network’s total supply is 140,245,398 tokens. OMG Network’s official website 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.”

OMG Network Token Trading

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView