OMG Network (OMG) Price Tops $0.33 on Major Exchanges

OMG Network (OMG) traded down 4.5% against the US dollar during the 24-hour period ending at 7:00 AM Eastern on January 25th. Over the last week, OMG Network has traded 19.5% lower against the US dollar. OMG Network has a total market capitalization of $46.23 million and $6.76 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be bought for about $0.33 or 0.00000315 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $35.49 or 0.00033913 BTC.
• Hedera (HBAR) traded down 2.3% against the dollar and now trades at $0.33 or 0.00000317 BTC.
• NEAR Protocol (NEAR) traded down 3.1% against the dollar and now trades at $4.93 or 0.00004715 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $9.06 or 0.00008662 BTC.
• Cronos (CRO) traded down 3.6% against the dollar and now trades at $0.14 or 0.00000132 BTC.
• Algorand (ALGO) traded down 3.8% against the dollar and now trades at $0.40 or 0.00000383 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.20 or 0.00001149 BTC.
• Cosmos (ATOM) traded down 0.8% against the dollar and now trades at $6.21 or 0.00005931 BTC.
• Akash Network (AKT) traded down 4.2% against the dollar and now trades at $2.74 or 0.00002623 BTC.
• Kava (KAVA) traded down 3.4% against the dollar and now trades at $0.45 or 0.00000432 BTC.

OMG Network Profile

OMG uses the hashing algorithm. Its genesis date was 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. 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.

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 GDAX, Changelly 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