Osmosis (OSMO) Price Hits $0.51 on Top Exchanges

Osmosis (OSMO) traded up 0.9% against the dollar during the 1 day period ending at 14:00 PM Eastern on October 24th. Osmosis has a total market capitalization of $350.25 million and approximately $7.69 million worth of Osmosis was traded on exchanges in the last day. One Osmosis coin can currently be purchased for approximately $0.51 or 0.00000750 BTC on cryptocurrency exchanges. In the last seven days, Osmosis has traded 4.8% lower against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded up 2% against the dollar and now trades at $163.28 or 0.00241120 BTC.

Osmosis Profile

Osmosis was first traded on February 19th, 2021. Osmosis’ total supply is 997,871,448 coins and its circulating supply is 689,945,920 coins. Osmosis’ official website is osmosis.zone. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here.

According to CryptoCompare, “Osmosis (OSMO) is a governance token for the Osmosis network, an automated market maker (AMM) protocol launched in 2021 by Sunny Aggarwal and Dev Ojha. Osmosis uses the Cosmos SDK and Inter-Blockchain Communication (IBC) for cross-chain transactions. It allows users to create customizable liquidity pools and adjust parameters based on market conditions. OSMO token holders can vote on upgrades, allocate mining rewards, and set swap fees. The network’s suite of DAO-gated dApps and continuous development aim to create a full-service, cross-chain exchange and DeFi hub.”

Buying and Selling Osmosis

It is usually not currently possible to purchase alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to trade Osmosis should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView