Osmosis Trading Down 21.3% This Week (OSMO)

Osmosis (OSMO) traded down 4.2% against the dollar during the one day period ending at 12:00 PM Eastern on October 28th. One Osmosis coin can now be bought for about $0.43 or 0.00000621 BTC on cryptocurrency exchanges. Osmosis has a total market cap of $294.35 million and $6.84 million worth of Osmosis was traded on exchanges in the last day. Over the last week, Osmosis has traded down 21.3% against the dollar.

Here’s how similar 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 2.2% lower 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1.2% against the dollar and now trades at $68,505.31 or 0.99824090 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.2% against the dollar and now trades at $68,414.50 or 0.99691772 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Osmosis

Osmosis’ launch date was February 19th, 2021. Osmosis’ total supply is 997,866,071 coins and its circulating supply is 690,676,513 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 currently possible to purchase alternative cryptocurrencies such as Osmosis directly using U.S. dollars. Investors seeking to trade Osmosis should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView