Osmosis Price Reaches $0.48 (OSMO)

Osmosis (OSMO) traded down 5% against the dollar during the one day period ending at 15:00 PM E.T. on October 25th. One Osmosis coin can now be bought for approximately $0.48 or 0.00000714 BTC on major exchanges. Osmosis has a total market capitalization of $332.09 million and approximately $9.13 million worth of Osmosis was traded on exchanges in the last 24 hours. In the last week, Osmosis has traded 10.7% lower against the dollar.

Here’s how other cryptocurrencies have performed in 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 0.8% lower against the dollar and now trades at $162.38 or 0.00240815 BTC.

Osmosis Coin Profile

Osmosis launched on February 19th, 2021. Osmosis’ total supply is 997,870,786 coins and its circulating supply is 690,128,568 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 acquire Osmosis should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView