Osmosis (OSMO) Price Tops $0.49

Osmosis (OSMO) traded up 2.6% against the U.S. dollar during the one day period ending at 21:00 PM Eastern on July 26th. One Osmosis coin can now be bought for approximately $0.49 or 0.00000719 BTC on major exchanges. Over the last seven days, Osmosis has traded 10.3% lower against the U.S. dollar. Osmosis has a total market cap of $328.04 million and $7.39 million worth of Osmosis was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 1.3% lower against the dollar and now trades at $0.18 or 0.00000273 BTC.
• 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 2.2% lower 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 up 1.4% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Osmosis

Osmosis was first traded on February 19th, 2021. Osmosis’ total supply is 998,035,825 coins and its circulating supply is 673,693,414 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 presently possible to buy alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to trade Osmosis should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView