Osmosis Trading 6.4% Higher Over Last Week (OSMO)

by · The Markets Daily

Osmosis (OSMO) traded down 1.7% against the dollar during the 1-day period ending at 14:00 PM E.T. on October 15th. One Osmosis coin can now be purchased for about $0.56 or 0.00000830 BTC on cryptocurrency exchanges. Osmosis has a total market cap of $382.62 million and $12.01 million worth of Osmosis was traded on exchanges in the last day. Over the last seven days, Osmosis has traded 6.4% higher against the dollar.

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

  • 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 down 2.2% 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 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.
  • 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 8.5% against the dollar and now trades at $0.0457 or 0.00000068 BTC.
  • P2P Solutions foundation (P2PS) traded 1.5% lower against the dollar and now trades at $167.68 or 0.00250442 BTC.

Osmosis Profile

Osmosis was first traded on February 19th, 2021. Osmosis’ total supply is 997,881,536 coins and its circulating supply is 688,302,084 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.”

Osmosis Coin Trading

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