What is OMG Network coin?

The OMG Network (formerly OmiseGO) is a value transfer network for Ethereum and any ERC-20 token . It describes itself as the first production-grade layer-2 Ethereum scaling solution and aims to let people move money and a variety of digital values on the blockchain faster, cheaper, and without compromising on security.

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How much is OMG coin now?

OMG Price Statistics OMG Network Price$3.92Price Change24h-$0.0883 2.20%24h Low / 24h High$3.85 / $4.05Trading Volume24h$90,629,002.82 6.01%Volume / Market Cap0.1649OMG Network price today, OMG to USD live, marketcap and chart coinmarketcap.com › currencies › omg

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What does OMG coin do?

OMG is the native cryptocurrency of the OMG Network (OMG), a blockchain network built on top of the Ethereum blockchain that speeds up transaction times and reduces transaction fees by handling Ethereum transactions off of Ethereum’s main network .

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Why OMG coin is falling?

However, OMG is one of the biggest losers so far today. The coin is down by more than 30% over the past 24 hours and risks dropping lower over the coming hours. The dip was caused by the completion of the snapshot for an airdrop from the Boba Network .

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