OMG Network Trading 34.3% Lower This Week (OMG)

OMG Network (OMG) traded 0.5% lower against the US dollar during the twenty-four hour period ending at 12:00 PM ET on April 17th. OMG Network has a total market capitalization of $86.27 million and approximately $18.32 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can currently be bought for $0.62 or 0.00001014 BTC on major cryptocurrency exchanges. In the last seven days, OMG Network has traded 34.3% lower against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 0.1% against the dollar and now trades at $33.20 or 0.00054741 BTC.
• NEAR Protocol (NEAR) traded up 6.1% against the dollar and now trades at $5.39 or 0.00008896 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $11.75 or 0.00019376 BTC.
• Cronos (CRO) traded down 0.5% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Cosmos (ATOM) traded 1.8% higher against the dollar and now trades at $8.00 or 0.00013186 BTC.
• Hedera (HBAR) traded up 0.6% against the dollar and now trades at $0.0778 or 0.00000128 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $1.94 or 0.00003200 BTC.
• Algorand (ALGO) traded down 0.4% against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded 2% higher against the dollar and now trades at $3.57 or 0.00005902 BTC.
• Kava (KAVA) traded 3.3% higher against the dollar and now trades at $0.64 or 0.00001056 BTC.

OMG Network Profile

OMG Network (CRYPTO:OMG) uses the hashing algorithm. Its launch date was 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 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, Coinbase or Gemini. 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

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