Osmosis (OSMO) Hits 1-Day Trading Volume of $12.45 Million

Osmosis (OSMO) traded 2.8% lower against the US dollar during the one day period ending at 20:00 PM E.T. on October 15th. Over the last seven days, Osmosis has traded up 5.6% against the US dollar. One Osmosis coin can now be purchased for $0.55 or 0.00000823 BTC on exchanges. Osmosis has a market capitalization of $378.52 million and approximately $12.45 million worth of Osmosis was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed over 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 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 11.6% lower against the dollar and now trades at $0.0457 or 0.00000068 BTC.
• P2P Solutions foundation (P2PS) traded down 1.3% against the dollar and now trades at $167.98 or 0.00251447 BTC.

Osmosis Profile

Osmosis launched on February 19th, 2021. Osmosis’ total supply is 997,881,536 coins and its circulating supply is 688,302,084 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 U.S. dollars. Investors seeking to trade Osmosis should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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