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Ontology Gas Overview
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About Ontology Gas
Ontology Gas ($ONG) is the utility token of the Ontology network, functioning in a dual-token system alongside the Ontology (ONT) token. $ONG is used to power transactions and operations on the Ontology blockchain. Specifically, it is used to pay for transaction fees, execute smart contracts, and perform other computational tasks within the network. Additionally, $ONG acts as an incentive mechanism, as it is generated over time and distributed to ONT holders who have staked their tokens in the network. This encourages active participation and maintenance of the Ontology ecosystem, ensuring its long-term sustainability and development.
The official Ontology Gas token ticker is “ONG” and trades under that name on all the exchanges where it has been listed. The designation “ONGAS” is for CryptoCompare.com only.
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Learn About Ontology Gas
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Often Discussed Alongside Ontology Gas
Tokens that appear with Ontology Gas in our academy articles.
Ontology Gas Market Data
The live Ontology Gas price today is $0.07 USD with a 24-hour trading volume of $791,373.82 USD. We update our ONGAS to USD price in real-time. Ontology Gas is up 0.22% in the last 24 hours.
The current market cap is $33,803,210.17 USD, ranking #412 by market capitalization. The circulating supply is 469,425,076 ONGAS.