Osmosis Price Down 7.6% This Week (OSMO)

Osmosis (OSMO) traded 2.8% lower against the dollar during the 24-hour period ending at 11:00 AM Eastern on July 31st. One Osmosis coin can now be bought for $0.46 or 0.00000694 BTC on popular exchanges. Osmosis has a total market cap of $310.40 million and $13.16 million worth of Osmosis was traded on exchanges in the last 24 hours. During the last week, Osmosis has traded 7.6% lower against the dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 2.5% lower against the dollar and now trades at $0.17 or 0.00000263 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.
• 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 down 2.3% against the dollar and now trades at $0.0128 or 0.00000019 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 998,029,752 coins and its circulating supply is 674,424,007 coins. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. The official website for Osmosis 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 U.S. dollars. Investors seeking to acquire Osmosis should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly 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