OMG Network (OMG) 24 Hour Volume Reaches $6.65 Million

OMG Network (OMG) traded up 0.1% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on April 11th. In the last week, OMG Network has traded 3.5% lower against the U.S. dollar. OMG Network has a market cap of $27.12 million and approximately $6.65 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for about $0.19 or 0.00000236 BTC on cryptocurrency exchanges.

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

• Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.0865 or 0.00000105 BTC.
• Avalanche (AVAX) traded 5% higher against the dollar and now trades at $18.86 or 0.00022982 BTC.
• Hedera (HBAR) traded 0.6% higher against the dollar and now trades at $0.17 or 0.00000209 BTC.
• NEAR Protocol (NEAR) traded up 0.6% against the dollar and now trades at $2.05 or 0.00002499 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $4.94 or 0.00006024 BTC.
• Cosmos (ATOM) traded 2.8% lower against the dollar and now trades at $4.25 or 0.00005177 BTC.
• Algorand (ALGO) traded up 3.1% against the dollar and now trades at $0.18 or 0.00000221 BTC.
• Fetch.ai (FET) traded up 4.1% against the dollar and now trades at $0.44 or 0.00000535 BTC.
• Kava (KAVA) traded 0.1% lower against the dollar and now trades at $0.42 or 0.00000510 BTC.
• Akash Network (AKT) traded 4% higher against the dollar and now trades at $1.04 or 0.00001266 BTC.

OMG Network Token Profile

OMG Network (CRYPTO: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 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. OMG Network’s official website is omg.network.

According to CryptoCompare, “OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators that enforce the behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants.Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. The token will have value derived from the fees derived from this network, with the obligation/cost of providing validation to its users.OMG rebrand:”

Buying and Selling OMG Network

It is usually not possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first buy 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 buy OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView