Osmosis (OSMO) Market Capitalization Achieves $884.52 Million

Osmosis (OSMO) traded down 1.2% against the US dollar during the twenty-four hour period ending at 21:00 PM ET on March 28th. Osmosis has a total market cap of $884.52 million and $37.94 million worth of Osmosis was traded on exchanges in the last 24 hours. Over the last seven days, Osmosis has traded 2.6% higher against the US dollar. One Osmosis coin can now be purchased for approximately $1.36 or 0.00001920 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 2.5% lower against the dollar and now trades at $0.45 or 0.00000638 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 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.
• Kitty Inu (KITTY) traded up 1.9% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.6% against the dollar and now trades at $0.0093 or 0.00000013 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 was first traded on February 19th, 2021. Osmosis’ total supply is 998,281,040 coins and its circulating supply is 651,267,737 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 currently possible to purchase alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to acquire Osmosis should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView