Osmosis Price Down 22% This Week (OSMO)

Osmosis (OSMO) traded up 4.6% against the US dollar during the 24-hour period ending at 14:00 PM E.T. on June 12th. In the last week, Osmosis has traded down 22% against the US dollar. One Osmosis coin can currently be purchased for $0.66 or 0.00000944 BTC on cryptocurrency exchanges. Osmosis has a market cap of $437.72 million and approximately $20.55 million worth of Osmosis was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded up 2.1% against the dollar and now trades at $0.24 or 0.00000349 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 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.
  • 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.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.9% against the dollar and now trades at $0.0104 or 0.00000015 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 launched on February 19th, 2021. Osmosis’ total supply is 998,178,186 coins and its circulating supply is 665,474,237 coins. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. The official website for Osmosis 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.”

Buying and Selling Osmosis

It is usually not possible to purchase alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to trade 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.

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