Osmosis Price Hits $0.55 on Top Exchanges (OSMO)

Osmosis (OSMO) traded 3% higher against the U.S. dollar during the 1 day period ending at 18:00 PM Eastern on July 1st. One Osmosis coin can now be bought for approximately $0.55 or 0.00000867 BTC on popular cryptocurrency exchanges. Over the last seven days, Osmosis has traded 1.2% higher against the U.S. dollar. Osmosis has a market cap of $365.67 million and approximately $11.69 million worth of Osmosis was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 2.9% against the dollar and now trades at $0.21 or 0.00000336 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher 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 3.4% higher against the dollar and now trades at $0.0118 or 0.00000019 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’ launch date was February 19th, 2021. Osmosis’ total supply is 998,156,911 coins and its circulating supply is 668,944,555 coins. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. Osmosis’ official website is osmosis.zone.

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 possible to buy alternative cryptocurrencies such as Osmosis directly using U.S. dollars. Investors seeking to trade Osmosis should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView