Osmosis Price Hits $0.88 (OSMO)

Osmosis (OSMO) traded up 1.1% against the dollar during the twenty-four hour period ending at 15:00 PM Eastern on May 4th. Over the last seven days, Osmosis has traded 5.5% lower against the dollar. One Osmosis coin can currently be bought for about $0.88 or 0.00001388 BTC on major exchanges. Osmosis has a market capitalization of $581.37 million and approximately $14.30 million worth of Osmosis was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 0.5% against the dollar and now trades at $0.30 or 0.00000471 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 1.2% higher 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 0% lower against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Osmosis

Osmosis’ genesis date was February 19th, 2021. Osmosis’ total supply is 998,112,666 coins and its circulating supply is 658,350,949 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the aforementioned exchanges.

OSMO/USD price chart by TradingView