OMG Network (OMG) traded 1% higher against the US dollar during the one day period ending at 0:00 AM Eastern on May 1st. One OMG Network token can currently be purchased for about $1.04 or 0.00003713 BTC on cryptocurrency exchanges. In the last seven days, OMG Network has traded 8.6% lower against the US dollar. OMG Network has a market capitalization of $146.04 million and approximately $22.90 million worth of OMG Network was traded on exchanges in the last day.

Here's how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 2.1% lower against the dollar and now trades at $16.60 or 0.00059207 BTC.
• Cosmos (ATOM) traded 2.4% lower against the dollar and now trades at $10.99 or 0.00039173 BTC.
• Internet Computer (ICP) traded down 8.1% against the dollar and now trades at $5.75 or 0.00020521 BTC.
• Hedera (HBAR) traded 4.1% lower against the dollar and now trades at $0.0588 or 0.00000210 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0703 or 0.00000251 BTC.
• NEAR Protocol (NEAR) traded 3.9% lower against the dollar and now trades at $1.83 or 0.00006527 BTC.
• Algorand (ALGO) traded 1.1% lower against the dollar and now trades at $0.18 or 0.00000627 BTC.
• Kava (KAVA) traded 0.4% higher against the dollar and now trades at $0.77 or 0.00002732 BTC.
• Theta Fuel (TFUEL) traded down 2.7% against the dollar and now trades at $0.0479 or 0.00000171 BTC.
• Fetch.ai (FET) traded 1.6% lower against the dollar and now trades at $0.32 or 0.00001133 BTC.

OMG Network Profile

OMG uses the hashing algorithm. It was first traded on June 23rd, 2017. OMG Network's total supply is 140,245,398 tokens. OMG Network's official website is omg.network. OMG Network's official Twitter account is @omgnetworkhq and its Facebook page is accessible here. The Reddit community for OMG Network is and the currency's Github account can be viewed here.

According to CryptoCompare, "OmiseGO is creating a decentralized network that includes a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. This network is enforced by an open distributed network of validators and uses a protocol token to create a proof-of-stake blockchain that enables the enforcement of market activity. OMG tokens provide the right to validate the blockchain within the network's consensus rules, and transaction fees on the network are given to validators who enforce bonded contract states. The value of the OMG token comes from the fees generated from the network, and the token holders are obligated to provide validation to users of the network."

OMG Network Token Trading

It is usually not possible to buy alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to acquire OMG Network should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy OMG Network using one of the aforementioned exchanges.

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