Osmosis (OSMO) Trading 7.8% Lower This Week

Osmosis (OSMO) traded down 0.1% against the US dollar during the 1 day period ending at 20:00 PM ET on September 7th. Osmosis has a market cap of $249.17 million and $5.35 million worth of Osmosis was traded on exchanges in the last 24 hours. One Osmosis coin can currently be bought for approximately $0.37 or 0.00000676 BTC on exchanges. During the last seven days, Osmosis has traded 7.8% lower against the US dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 4.5% against the dollar and now trades at $0.0506 or 0.00000094 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

About Osmosis

Osmosis’ genesis date was February 19th, 2021. Osmosis’ total supply is 997,923,869 coins and its circulating supply is 681,547,293 coins. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. The official website for Osmosis is osmosis.zone.

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 possible to buy alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to acquire Osmosis should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView