Osmosis Trading 6.6% Higher This Week (OSMO)

Osmosis (OSMO) traded 2.4% higher against the dollar during the one day period ending at 10:00 AM E.T. on February 14th. Over the last week, Osmosis has traded up 6.6% against the dollar. Osmosis has a total market cap of $223.87 million and approximately $6.27 million worth of Osmosis was traded on exchanges in the last day. One Osmosis coin can currently be purchased for $0.32 or 0.00000326 BTC on major cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• 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.
• 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 up 0.6% against the dollar and now trades at $96,483.73 or 0.99946056 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% higher against the dollar and now trades at $96,031.14 or 0.99477221 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Osmosis Coin Profile

Osmosis’ genesis date was June 18th, 2021. Osmosis’ total supply is 997,583,872 coins and its circulating supply is 710,578,789 coins. Osmosis’ official website is osmosis.zone. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. The Reddit community for Osmosis is https://reddit.com/r/osmosislab and the currency’s Github account can be viewed here. The official message board for Osmosis is forum.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 currently possible to buy alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to trade Osmosis should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView