Osmosis (OSMO) Reaches Market Cap of $378.78 Million

Osmosis (OSMO) traded 4.3% higher against the US dollar during the one day period ending at 0:00 AM ET on October 20th. One Osmosis coin can now be bought for $0.55 or 0.00000799 BTC on popular cryptocurrency exchanges. Osmosis has a total market cap of $378.78 million and $8.89 million worth of Osmosis was traded on exchanges in the last 24 hours. Over the last week, Osmosis has traded 1% lower against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• 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 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0801 or 0.00000115 BTC.
• P2P Solutions foundation (P2PS) traded 3.2% higher against the dollar and now trades at $176.54 or 0.00256703 BTC.

About Osmosis

Osmosis’ launch date was February 19th, 2021. Osmosis’ total supply is 997,874,489 coins and its circulating supply is 689,397,974 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 acquire Osmosis should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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