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

OMG Network (OMG) traded up 0.7% against the dollar during the one day period ending at 0:00 AM ET on April 17th. One OMG Network token can now be bought for $0.64 or 0.00001029 BTC on popular cryptocurrency exchanges. In the last seven days, OMG Network has traded 33.9% lower against the dollar. 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 day.

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

• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $34.38 or 0.00055461 BTC.
• NEAR Protocol (NEAR) traded 1.7% higher 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 1.9% lower against the dollar and now trades at $2.00 or 0.00003224 BTC.
• Algorand (ALGO) traded down 1.3% 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 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.”

OMG Network Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as OMG Network directly using US dollars. Investors seeking to trade OMG Network should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, 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