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Ontology Gas priceONG
Listed
BuyQuote currency:
USD
$0.2851+2.57%1D
Ontology Gas price calculator
More cryptocurrencies calculator >ONG
USD
1 ONG = 0.2851 USD
Last updated 2024-11-07 05:29:15（UTC-0）
Ontology Gas price live data summary
The live price of Ontology Gas is $0.2851 per (ONG / USD) today with a current market cap of $112.69M USD. The 24-hour trading volume is $6.74M USD. ONG to USD price is updated in real time. Ontology Gas is 2.57% in the last 24 hours. It has a circulating supply of 395,231,170 .
What is the highest price of ONG?
ONG has an all-time high (ATH) of $4.59, recorded on 2018-09-28.
What is the lowest price of ONG?
ONG has an all-time low (ATL) of $0.03934, recorded on 2020-03-13.
Ontology Gas price prediction
What will the price of ONG be in 2025?
Based on ONG's historical price performance prediction model, the price of ONG is projected to reach $0.4264 in 2025.
What will the price of ONG be in 2030?
In 2030, the ONG price is expected to change by +6.00%. By the end of 2030, the ONG price is projected to reach $0.8652, with a cumulative ROI of +224.20%.
Ontology Gas ratings
Average ratings from the community
4.6
This content is for informational purposes only.
About Ontology Gas (ONG)
What Is Ontology Gas?
Ontology Gas, or ONG, is the native token of the Ontology blockchain. Launched in 2018, Ontology is a high-speed, low-cost public blockchain designed to bring decentralized identity and data solutions to Web3. ONG plays a critical role in this ecosystem, acting as the fuel that powers transactions, smart contracts, and data processing operations on the Ontology blockchain.
As a dual-token system, Ontology employs both ONT (Ontology Token) and ONG (Ontology Gas) to manage and secure its network operations. While ONT is used primarily for staking in network governance, ONG is distributed to ONT holders as a form of gas fee, incentivizing participation and transaction validation on the network. This model ensures a sustainable utility mechanism where users are rewarded for their contributions to network security and stability.
Resources
Official Documents:
https://docs.ont.io/
Official Website:
https://ont.io/
How Does Ontology Gas Work?
Ontology Gas is designed to facilitate various operations within the Ontology network. It is used to pay for transaction fees, storage, and the deployment and execution of smart contracts, making it an indispensable resource for developers and users alike. When transactions or smart contracts are processed on the Ontology blockchain, ONG is consumed to compensate for the computational resources used. This mechanism not only keeps the network efficient but also prevents spam transactions by imposing a cost on the computation.
The distribution of ONG is based on the holding of ONT tokens. ONT holders are periodically rewarded with ONG, which can then be used to execute transactions or deployed in the network’s consensus process as part of the staking mechanism. This dual-token strategy enhances user engagement by allowing holders to participate directly in the governance of the blockchain while ensuring they have the necessary resources to use its services.
What Is ONG Token?
The ONG token serves multiple purposes within the Ontology ecosystem. As the practical "currency" of the platform, it provides a means to manage and pay for operational costs and services. Developers require ONG to deploy and run their applications, which includes updating or executing smart contracts. Additionally, ONG is used to execute transactions and for storage payments, ensuring that those who use more resources contribute accordingly to the network’s maintenance. ONG has a total supply of 1 billion tokens.
What Determines Ontology Gas’s Price?
The price of Ontology Gas (ONG) is primarily influenced by the classic economic model of supply and demand. As ONG is essential for executing operations such as transactions and smart contracts on the Ontology blockchain, the demand for ONG increases with the adoption and use of the Ontology network in Web3 applications. Factors such as network growth, increased user activity, and the expansion of Ontology’s services can lead to a higher demand for ONG, potentially driving up its price.
Moreover, the price of ONG is also significantly affected by
market volatility and the broader state of
blockchain technology and cryptocurrency regulation. Fluctuations in
ONG price can be triggered by latest news involving technological advancements, regulatory updates, or shifts in cryptocurrency trends that impact investor perception and confidence. Investors and users keeping a close eye on cryptocurrency charts,
cryptocurrency analysis, and cryptocurrency price predictions can witness real-time changes in market sentiment, highlighting the inherent risks and opportunities in investing in tokens like Ontology Gas as a crypto investment for 2024 and beyond.
For those interested in investing or trading Ontology Gas, one might wonder: Where to buy ONG? You can purchase ONG on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
Ontology Gas price performance in USD
24h7 days30 days90 days1 yearAll-time
+2.57%-1.41%-8.61%-1.22%-24.48%-78.04%
Ontology Gas price history in USD
The price of Ontology Gas is -24.48% over the last year. The highest price of ONG in USD in the last year was $0.8235 and the lowest price of ONG in USD in the last year was $0.2234.
TimeLowHigh
24h$0.2730$0.2925
7d$0.2541$0.2925
30d$0.2541$0.3345
90d$0.2429$0.3893
1y$0.2234$0.8235
All-time$0.03934(2020-03-13, 4 years ago )$4.59(2018-09-28, 6 years ago )
Ontology Gas market information
Market cap
$112,689,019.47
+2.57%
Fully diluted market cap
$285,121,783.51
+2.57%
Volume (24h)
$6,742,597.26
+40.74%
Market rankings
Circulation rate
+39.00%
24h volume / market cap
0.0598
Circulating supply
395,231,170 ONG
Total supply / Max supply
1,000,000,000 ONG
1,000,000,000 ONG
ONG to local currency
Crypto calculator1 ONG to MXN$5.751 ONG to GTQQ2.21 ONG to CLP$274.71 ONG to UGXSh1,048.41 ONG to HNLL7.191 ONG to ZARR5.021 ONG to TNDد.ت0.891 ONG to IQDع.د373.171 ONG to TWDNT$9.21 ONG to RSDдин.31.061 ONG to DOP$17.161 ONG to MYRRM1.261 ONG to GEL₾0.781 ONG to UYU$11.851 ONG to MADد.م.2.821 ONG to AZN₼0.481 ONG to OMRر.ع.0.111 ONG to KESSh36.751 ONG to SEKkr3.091 ONG to UAH₴11.81
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Last updated 2024-11-07 05:29:15（UTC+0）
How to buy Ontology Gas(ONG)
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ontology Gas (ONG)
Use a variety of payment options to buy Ontology Gas on Bitget. We'll show you how.
Learn MoreTrade ONG perpetual futures
After having successfully signed up on Bitget and purchased USDT or ONG tokens, you can start trading derivatives, including ONG futures and margin trading to increase your income.
The current price of ONG is $0.2851, with a 24h price change of +2.57%. Traders can profit by either going long or short onONG futures.
Join ONG copy trading by following elite traders.
After signing up on Bitget and successfully buying USDT or ONG tokens, you can also start copy trading by following elite traders.
Ontology Gas news
See more
Ontology (ONG): The Decentralized Trust Network of the Future
Bitget Academy•2024-04-24 11:13
Join Bitget x Ontology Gas Community Campaign Now to Claim Your Special $2,000 ONG Rewards!
Bitget announced that ONG/USDT is listing on Bitget! In order to show our warm welcome, we have set aside a reward pool of $2,000 ONG tokens for our special new joins during this period. Participate in the event and join Bitget now to receive your exclusive token airdrop. So, what are you waiting f
Bitget Announcement•2024-04-24 06:30
Bitget Will List Ontology Gas (ONG). Come and grab a share of $22,000 worth of ONG!
We are thrilled to announce that Ontology Gas (ONG) will be listed in the Innovation and Public Cha
Bitget Announcement•2024-04-23 09:00
Bitget Futures Market Updates
Bitget•2024-04-19 08:04
Notice on Trading Postponement for ONG/USDT
To ensure a smooth trading experience for our users, Bitget will postpone the trading of ONG/USDT until 24th April 2024, 11:00 (UTC) Thank you for your understanding on this matter. Disclaimer Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are
Bitget Announcement•2024-04-18 10:30
New listings on Bitget
New listings
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FAQ
What is the current price of Ontology Gas?
The live price of Ontology Gas is $0.29 per (ONG/USD) with a current market cap of $112,689,019.47 USD. Ontology Gas's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Ontology Gas's current price in real-time and its historical data is available on Bitget.
What is the 24 hour trading volume of Ontology Gas?
Over the last 24 hours, the trading volume of Ontology Gas is $6.74M.
What is the all-time high of Ontology Gas?
The all-time high of Ontology Gas is $4.59. This all-time high is highest price for Ontology Gas since it was launched.
Can I buy Ontology Gas on Bitget?
Yes, Ontology Gas is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Ontology Gas guide.
Can I get a steady income from investing in Ontology Gas?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Ontology Gas with the lowest fee?
We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Where can I buy Ontology Gas (ONG)?
Video section — quick verification, quick trading
How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
5. Select “Mobile Verification” or “PC” based on your preference.
6. Enter your details, submit a copy of your ID, and take a selfie.
7. Submit your application, and voila, you've completed identity verification!
Cryptocurrency investments, including buying Ontology Gas online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Ontology Gas, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Ontology Gas purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
Trade
Earn
ONG is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support ONG trades.
You can trade ONG on Bitget.ONG/USDT
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Ontology Gas Social Data
In the last 24 hours, the social media sentiment score for Ontology Gas was 3, and the social media sentiment towards Ontology Gas price trend was Bullish. The overall Ontology Gas social media score was 0, which ranks 1120 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Ontology Gas being mentioned with a frequency ratio of 0%, ranking 987 among all cryptocurrencies.
In the last 24 hours, there were a total of 207 unique users discussing Ontology Gas, with a total of Ontology Gas mentions of 20. However, compared to the previous 24-hour period, the number of unique users decrease by 3%, and the total number of mentions has decrease by 52%.
On Twitter, there were a total of 0 tweets mentioning Ontology Gas in the last 24 hours. Among them, 0% are bullish on Ontology Gas, 0% are bearish on Ontology Gas, and 100% are neutral on Ontology Gas.
On Reddit, there were 2 posts mentioning Ontology Gas in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
All social overview
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