Osmosis (OSMO) Achieves Market Cap of $252.86 Million

Osmosis (OSMO) traded down 1.5% against the dollar during the one day period ending at 15:00 PM ET on August 4th. In the last week, Osmosis has traded down 22.4% against the dollar. One Osmosis coin can now be bought for $0.37 or 0.00000631 BTC on popular cryptocurrency exchanges. Osmosis has a total market capitalization of $252.86 million and approximately $12.87 million worth of Osmosis was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.4% higher against the dollar and now trades at $0.0123 or 0.00000021 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 16% lower against the dollar and now trades at $0.0690 or 0.00000118 BTC.

Osmosis Profile

Osmosis’ launch date was February 19th, 2021. Osmosis’ total supply is 998,017,241 coins and its circulating supply is 675,154,601 coins. The official website for Osmosis 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.”

Osmosis Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Osmosis directly using U.S. dollars. Investors seeking to acquire Osmosis should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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