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OMG Network Price Tops $1.49 on Exchanges (OMG)

Financial News Live ·  Apr 17, 2023 01:12

OMG Network (OMG) traded up 3.5% against the U.S. dollar during the 24 hour period ending at 0:00 AM ET on April 16th. One OMG Network token can now be purchased for $1.49 or 0.00004960 BTC on cryptocurrency exchanges. Over the last week, OMG Network has traded 2.2% higher against the U.S. dollar. OMG Network has a market cap of $208.57 million and $32.16 million worth of OMG Network was traded on exchanges in the last 24 hours.

Here's how similar cryptocurrencies have performed over the last 24 hours:

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  • Avalanche (AVAX) traded up 8.3% against the dollar and now trades at $20.80 or 0.00069353 BTC.
  • Cosmos (ATOM) traded 1% higher against the dollar and now trades at $12.82 or 0.00042752 BTC.
  • Hedera (HBAR) traded up 1.1% against the dollar and now trades at $0.0683 or 0.00000228 BTC.
  • NEAR Protocol (NEAR) traded 1.7% higher against the dollar and now trades at $2.32 or 0.00007731 BTC.
  • Cronos (CRO) traded up 1.1% against the dollar and now trades at $0.0721 or 0.00000241 BTC.
  • Internet Computer (ICP) traded 1.5% higher against the dollar and now trades at $5.92 or 0.00019758 BTC.
  • Algorand (ALGO) traded 0.8% higher against the dollar and now trades at $0.23 or 0.00000771 BTC.
  • Kava (KAVA) traded 2.9% higher against the dollar and now trades at $0.95 or 0.00003178 BTC.
  • Theta Fuel (TFUEL) traded up 0% against the dollar and now trades at $0.0558 or 0.00000186 BTC.
  • Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $0.40 or 0.00001338 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 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. The official website for OMG Network is omg.network.

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."

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase OMG Network using one of the exchanges listed above.

OMG/USD price chart by TradingView

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