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OMG Network (OMG) Trading 4.6% Lower This Week

Financial News Live ·  2023/04/08 22:52

OMG Network (OMG) traded down 0.4% against the U.S. dollar during the 1-day period ending at 22:00 PM ET on April 8th. During the last seven days, OMG Network has traded down 4.6% against the U.S. dollar. OMG Network has a total market capitalization of $205.70 million and approximately $21.33 million worth of OMG Network was traded on exchanges in the last day. One OMG Network token can currently be bought for approximately $1.47 or 0.00005223 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

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  • Avalanche (AVAX) traded down 0.1% against the dollar and now trades at $17.54 or 0.00062475 BTC.
  • Cosmos (ATOM) traded up 0.3% against the dollar and now trades at $11.03 or 0.00039292 BTC.
  • Hedera (HBAR) traded down 0.5% against the dollar and now trades at $0.0648 or 0.00000231 BTC.
  • NEAR Protocol (NEAR) traded 1.1% higher against the dollar and now trades at $2.01 or 0.00007150 BTC.
  • Cronos (CRO) traded up 0.2% against the dollar and now trades at $0.0686 or 0.00000244 BTC.
  • Algorand (ALGO) traded down 0.1% against the dollar and now trades at $0.22 or 0.00000772 BTC.
  • Internet Computer (ICP) traded down 0.2% against the dollar and now trades at $4.94 or 0.00017583 BTC.
  • Kava (KAVA) traded 0.4% lower against the dollar and now trades at $0.86 or 0.00003072 BTC.
  • Theta Fuel (TFUEL) traded 1.8% lower against the dollar and now trades at $0.0553 or 0.00000197 BTC.
  • PayProtocol Paycoin (PCI) traded 4.5% lower against the dollar and now trades at $0.15 or 0.00000539 BTC.

About OMG Network

OMG uses the hashing algorithm. It launched 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 purchase alternative cryptocurrencies such as OMG Network directly using U.S. dollars. Investors seeking to trade OMG Network should first purchase 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 purchase OMG Network using one of the aforementioned exchanges.

OMG/USD price chart by TradingView

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