Osmosis (OSMO) Hits Market Capitalization of $345.91 Million

Osmosis (OSMO) traded 3.1% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on January 17th. One Osmosis coin can currently be purchased for $0.49 or 0.00000468 BTC on popular exchanges. Osmosis has a market cap of $345.91 million and approximately $11.64 million worth of Osmosis was traded on exchanges in the last day. In the last week, Osmosis has traded up 5.7% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in 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 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.
• 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.
• SolvBTC (SOLVBTC) traded 5.3% higher against the dollar and now trades at $104,382.70 or 0.99581759 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 5.2% against the dollar and now trades at $103,345.29 or 0.98592062 BTC.
• Lumi Credits (LUMI) traded 8.9% higher 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.

Osmosis Coin Profile

Osmosis’ launch date was February 19th, 2021. Osmosis’ total supply is 997,665,444 coins and its circulating supply is 705,469,434 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 presently possible to purchase alternative cryptocurrencies such as Osmosis directly using U.S. dollars. Investors seeking to trade Osmosis should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView