Osmosis (OSMO) Market Cap Hits $275.73 Million

Osmosis (OSMO) traded down 4% against the dollar during the 24 hour period ending at 12:00 PM Eastern on August 2nd. Over the last seven days, Osmosis has traded 15.5% lower against the dollar. Osmosis has a market capitalization of $275.73 million and $18.89 million worth of Osmosis was traded on exchanges in the last day. One Osmosis coin can currently be purchased for about $0.41 or 0.00000645 BTC on popular exchanges.

Here is 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2.4% lower against the dollar and now trades at $0.0124 or 0.00000020 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 15.9% against the dollar and now trades at $0.0823 or 0.00000130 BTC.

About Osmosis

Osmosis was first traded on February 19th, 2021. Osmosis’ total supply is 998,025,127 coins and its circulating supply is 674,789,304 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.”

Buying and Selling Osmosis

It is usually not 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView