OMG Network (OMG) Price Down 36.1% Over Last Week

OMG Network (OMG) traded 21.8% lower against the dollar during the 24 hour period ending at 7:00 AM Eastern on December 20th. OMG Network has a total market capitalization of $42.75 million and $16.17 million worth of OMG Network was traded on exchanges in the last 24 hours. One OMG Network token can currently be purchased for approximately $0.30 or 0.00000328 BTC on exchanges. In the last week, OMG Network has traded down 36.1% against the dollar.

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

• Avalanche (AVAX) traded down 21.3% against the dollar and now trades at $34.01 or 0.00036576 BTC.
• Hedera (HBAR) traded 19.3% lower against the dollar and now trades at $0.24 or 0.00000256 BTC.
• NEAR Protocol (NEAR) traded down 20.8% against the dollar and now trades at $4.59 or 0.00004940 BTC.
• Internet Computer (ICP) traded 19.4% lower against the dollar and now trades at $9.06 or 0.00009750 BTC.
• Cronos (CRO) traded down 21% against the dollar and now trades at $0.14 or 0.00000155 BTC.
• Fetch.ai (FET) traded down 20.8% against the dollar and now trades at $1.14 or 0.00001224 BTC.
• Algorand (ALGO) traded 24.7% lower against the dollar and now trades at $0.29 or 0.00000308 BTC.
• Cosmos (ATOM) traded 21.6% lower against the dollar and now trades at $5.92 or 0.00006368 BTC.
• Akash Network (AKT) traded 14.9% lower against the dollar and now trades at $2.81 or 0.00003004 BTC.
• Kava (KAVA) traded 20.1% lower against the dollar and now trades at $0.38 or 0.00000405 BTC.

About OMG Network

OMG Network 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. OMG Network’s official website 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.”

OMG Network Token Trading

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

OMG/USD price chart by TradingView