OMG Network (OMG)

-1.07 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

123595486>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

233541676>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

140,245,398.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

140,245,398.25
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

140,245,398.25
Low High
Contract
Website
Explorers
Community
Social Media
Tags
Week Month Year All Time
High

Jan 24 2023

1.447565048266
14.68%

Jan 24 2023

1.447565048266
14.68%

Apr 03 2022

6.055241128817
-72.59%

Jan 13 2018

-93.50%
Low

Jan 24 2023

1.447565048266
14.68%

Jan 08 2023

1.091184167432
52.13%

Dec 20 2022

0.958991778003
73.10%

Mar 13 2020

374.87%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
OMG Network
Comments

Coin Info

OMG Network, which used to be called OmiseGo, is a layer-2 scaling solution for the Ethereum blockchain that does not hold funds. As a scaling solution for Ethereum, OMG Network is made so that users can send ETH and ERC20 tokens much faster and cheaper than they can on the Ethereum network itself.

The network is based on a new scaling solution called MoreViable Plasma. It uses a sidechain architecture to group several transactions off-chain into a batch, which can then be checked as a single transaction on the Ethereum root chain. OMG Network says that this technology could make it possible for Ethereum to handle thousands of transactions per second (TPS) instead of the 10 to 14 tps that it can do now.

The OMG Network has more than 50 employees who work in different places around the world. It was started by Vansa Chatikavanij, who was born in Thailand. It is a subsidiary of SYNQA, a fintech company in Thailand that used to be called Omise Holdings.

The network is run by the OMG utility token, which can be used to pay fees on the OMG Network and will eventually be tradable in exchange for helping to keep the network safe.

To know more about the OMG Network price prediction, install the top cryptocurrency app CoinGabbar today!

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