Osmosis Price Tops $0.59 (OSMO)

Osmosis (OSMO) traded 7.4% lower against the US dollar during the 1 day period ending at 10:00 AM ET on December 16th. In the last seven days, Osmosis has traded 19.6% lower against the US dollar. Osmosis has a total market cap of $412.10 million and $24.03 million worth of Osmosis was traded on exchanges in the last 24 hours. One Osmosis coin can now be bought for $0.59 or 0.00000557 BTC on exchanges.

Here’s how similar 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.4% higher against the dollar and now trades at $104,937.01 or 0.99194605 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.9% against the dollar and now trades at $103,869.22 or 0.98185247 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.

Osmosis Coin Profile

Osmosis launched on February 19th, 2021. Osmosis’ total supply is 997,732,956 coins and its circulating supply is 699,626,285 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.”

Buying and Selling Osmosis

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

OSMO/USD price chart by TradingView