Osmosis Price Down 17.6% This Week (OSMO)

Osmosis (OSMO) traded up 0.3% against the dollar during the 1-day period ending at 17:00 PM ET on October 6th. One Osmosis coin can currently be bought for approximately $0.54 or 0.00000868 BTC on major cryptocurrency exchanges. In the last seven days, Osmosis has traded down 17.6% against the dollar. Osmosis has a market capitalization of $373.01 million and approximately $6.56 million worth of Osmosis was traded on exchanges in the last day.

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 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 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 up 8.9% 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.
• MVP Coin (MVP) traded down 3.5% against the dollar and now trades at $0.0389 or 0.00000062 BTC.
• P2P Solutions foundation (P2PS) traded 1.6% higher against the dollar and now trades at $157.73 or 0.00251920 BTC.

About Osmosis

Osmosis’ genesis date was February 19th, 2021. Osmosis’ total supply is 997,891,449 coins and its circulating supply is 686,658,248 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 presently possible to buy alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to acquire Osmosis should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView