OMG Network (OMG) One Day Volume Tops $1.81 Million

OMG Network (OMG) traded 3.7% lower against the dollar during the one day period ending at 9:00 AM E.T. on February 1st. OMG Network has a market cap of $9.77 million and approximately $1.81 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can now be purchased for about $0.0696 or 0.00000089 BTC on exchanges. In the last seven days, OMG Network has traded 10.7% lower against the dollar.

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

• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0808 or 0.00000103 BTC.
• Avalanche (AVAX) traded down 3.5% against the dollar and now trades at $10.09 or 0.00012856 BTC.
• Hedera (HBAR) traded 3% lower against the dollar and now trades at $0.0909 or 0.00000116 BTC.
• Internet Computer (ICP) traded down 4.9% against the dollar and now trades at $2.70 or 0.00003446 BTC.
• NEAR Protocol (NEAR) traded 5.3% lower against the dollar and now trades at $1.20 or 0.00001530 BTC.
• Cosmos (ATOM) traded 2.6% lower against the dollar and now trades at $1.97 or 0.00002514 BTC.
• Algorand (ALGO) traded down 3.4% against the dollar and now trades at $0.10 or 0.00000132 BTC.
• Fetch.ai (FET) traded 4.2% lower against the dollar and now trades at $0.19 or 0.00000243 BTC.
• PayProtocol Paycoin (PCI) traded up 2.5% against the dollar and now trades at $0.0649 or 0.00000083 BTC.
• Theta Fuel (TFUEL) traded down 2.4% against the dollar and now trades at $0.0162 or 0.00000021 BTC.

About OMG Network

OMG Network (OMG) 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 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. The official website for OMG Network 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 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView