OMISEGO / TETHERUS
OMG Price Live Data
The live OMG Network price today is $8.53 USD with a 24-hour trading volume of $1,676,957,799 USD. We update our OMG to USD price in real-time. OMG Network is down -8.12% in the last 24 hours. The current CoinMarketCap ranking is #81, with a live market cap of $1,196,545,879 USD. It has a circulating supply of 140,245,398 OMG coins and a max. supply of 140,245,399 OMG coins.
If you would like to know where to buy OMG Network, the top exchanges for trading in OMG Network are currently Binance, Mandala Exchange, Huobi Global, OKEx, and FTX. You can find others listed on our crypto exchanges page.
What Is OMG Network (OMG)?
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.
The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.
The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
#OMG
Entry/ 8.5_8.6
Objectives/
9
10
10.5
11.3
12.3
14
15.18
stop loss/8
The live OMG Network price today is $8.53 USD with a 24-hour trading volume of $1,676,957,799 USD. We update our OMG to USD price in real-time. OMG Network is down -8.12% in the last 24 hours. The current CoinMarketCap ranking is #81, with a live market cap of $1,196,545,879 USD. It has a circulating supply of 140,245,398 OMG coins and a max. supply of 140,245,399 OMG coins.
If you would like to know where to buy OMG Network, the top exchanges for trading in OMG Network are currently Binance, Mandala Exchange, Huobi Global, OKEx, and FTX. You can find others listed on our crypto exchanges page.
What Is OMG Network (OMG)?
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.
The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.
The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
#OMG
Entry/ 8.5_8.6
Objectives/
9
10
10.5
11.3
12.3
14
15.18
stop loss/8
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.