OMG Network (OMG) Overview
Current Price: $0.184810 USD
24h Change: +1.01%
24h High/Low: $0.186546 / $0.182431
24h Trading Volume: $2.92M
Circulating Supply: 140,245,398 OMG
Market Cap: $25.91M
CoinRank: #366
Key Metrics
- Token Type: Utility token (Ethereum-based)
- Mineable: No
- All-Time High: $20.001627
- All-Time Low: $0.16974898
- Launch Date: July 6, 2017
What Is OMG Network?
The OMG Network (formerly OmiseGo) is a decentralized payment platform built on blockchain technology. It aims to bridge traditional financial systems with digital assets by enabling seamless, low-cost transactions. Key features include:
- Decentralized Finance (DeFi) Integration: Supports interoperability between payment processors, banks, and wallets.
- Scalability: Utilizes Plasma Network technology to process over 1 million transactions per second.
- Permissionless Access: Open to public use, not controlled by its parent company, Omise.
Founded in 2017 by Jun Hasegawa and Donnie Harinsut, OMG Network raised $25M during its ICO and has since evolved into a pioneer in blockchain-based payments.
OMG Network Live Price Data
👉 Track real-time OMG price movements with updated charts and volatility analysis.
Recent Trends:
- OMG’s price reflects moderate volatility, typical of mid-cap altcoins.
- The 24h trading volume ($2.92M) indicates steady market interest.
OMG Network Use Cases
- Cross-Border Payments: Facilitates instant remittances with minimal fees.
- Merchant Solutions: Integrates with e-commerce platforms for crypto payments.
- Loyalty Programs: Enables tokenized rewards systems.
Frequently Asked Questions (FAQs)
1. Is OMG Network a good investment?
While OMG offers innovative payment solutions, its value depends on broader crypto market trends and adoption rates. Always conduct independent research.
2. How does OMG Network achieve scalability?
Through Plasma Network, a Layer-2 solution that batches transactions off-chain before settling them on Ethereum.
3. Where can I buy OMG tokens?
OMG is listed on major exchanges like Binance, OKX, and Huobi. 👉 Buy OMG securely here.
4. What’s the difference between OMG and Omise?
Omise is a traditional payment company, while OMG Network is its decentralized blockchain counterpart.
Resources
- Official Blog: blog.omisego.network
- Community: Reddit | Twitter
- Whitepaper: Not publicly available.
Disclaimer: Crypto investments carry risks. This content is for informational purposes only.