Osmosis Achieves Market Cap of $350.57 Million (OSMO)

Osmosis (OSMO) traded down 3.7% against the U.S. dollar during the 24-hour period ending at 19:00 PM E.T. on June 28th. Osmosis has a market cap of $350.57 million and approximately $11.58 million worth of Osmosis was traded on exchanges in the last 24 hours. One Osmosis coin can currently be bought for $0.52 or 0.00000870 BTC on exchanges. Over the last seven days, Osmosis has traded down 5.1% against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 0.2% against the dollar and now trades at $0.21 or 0.00000343 BTC.
• 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 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 0.8% against the dollar and now trades at $0.0113 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Osmosis Profile

Osmosis’ genesis date was February 19th, 2021. Osmosis’ total supply is 998,156,911 coins and its circulating supply is 668,396,611 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView