- #245
Ontology Gas ONG
ONG Price
Market CapÂ
$253.19Â MRank #245FDVÂ
$665.10Â MRank #204Investors
Twitter Followers
Twitter Performance
722Rank by Twitter #1670- 0
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Detailed Performance
ONG shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ONG to USD Converter
Price History
- All-Time High
- $4.386.60x to ATH
- All-Time Low
- $0.0424215.68x to ATL
- Trade Launch Date
- 23 Aug, 2018
2070 days ago
Exchanges
Exchanges type
About ONG
Ontology Gas (ONG) is a cryptocurrency token that is used on the Ontology blockchain. It is the native utility token of the Ontology network and is used to pay for transaction fees, network services, and to participate in various activities on the platform. ONG is generated as a reward for holding Ontology (ONT) tokens, and it is necessary to have ONG in order to perform certain actions like exchanging or staking ONT. However, obtaining ONG can be a bit complicated as not all exchanges offer direct access to it.
What makes Ontology Gas unique?
Ontology Gas (ONG) is the utility token of the Ontology blockchain. It serves as the fuel for the network, powering various activities and services. What makes ONG unique compared to other cryptocurrencies is its role in the Ontology ecosystem.
Firstly, ONG is generated as a result of holding Ontology (ONT) tokens. Unlike many other cryptocurrencies, ONG is not mined or obtained through traditional mining processes. Instead, ONG is automatically generated as a reward for holding ONT tokens, providing an incentive for users to hold and participate in the Ontology network.
Secondly, ONG is essential for accessing and utilizing various features of the Ontology blockchain. It is required for transactions, deploying smart contracts, and interacting with decentralized applications (dApps) on the Ontology platform. ONG also plays a crucial role in staking ONT tokens and participating in consensus mechanisms within the network.
Furthermore, ONG can be used for governance purposes within the Ontology ecosystem. Holders of ONG have the ability to participate in voting and decision-making processes regarding platform upgrades, protocol changes, and other important matters related to the development and direction of Ontology.
Overall, the unique aspects of Ontology Gas lie in its generation mechanism, its role in powering the network, and its governance capabilities. These characteristics differentiate ONG from other cryptocurrencies and make it an integral part of the Ontology ecosystem.
Live Ontology Gas Price Data
The current price of Ontology Gas (ONG) is approximately $0.6651, reflecting a decrease of -15.51% in the last 24 hours. The ONG trading volume in the last 24 hours stands at $340.85Â million. Ontology Gas's market cap is currently $253.19Â million, accounting for about 0.01% of the total crypto market cap. The circulating supply of ONG is 376.72Â million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Ontology Gas's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ONG, check out our crypto insights page.
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ONG to USD Converter
Price History
- All-Time High
- $4.386.60x to ATH
- All-Time Low
- $0.0424215.68x to ATL
- Trade Launch Date
- 23 Aug, 2018
2070 days ago