Osmosis (OSMO) Achieves Market Capitalization of $571.67 Million

Osmosis (OSMO) traded down 1.5% against the dollar during the 24-hour period ending at 19:00 PM Eastern on May 18th. Over the last seven days, Osmosis has traded 4.6% higher against the dollar. One Osmosis coin can now be purchased for approximately $0.86 or 0.00001291 BTC on exchanges. Osmosis has a total market capitalization of $571.67 million and approximately $9.63 million worth of Osmosis was traded on exchanges in the last day.

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

  • KILT Protocol (KILT) traded 0.1% higher against the dollar and now trades at $0.30 or 0.00000441 BTC.
  • 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 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.
  • Kitty Inu (KITTY) traded 1.9% higher 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.1% lower against the dollar and now trades at $0.0106 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Osmosis Profile

Osmosis’ genesis date was February 19th, 2021. Osmosis’ total supply is 998,096,712 coins and its circulating supply is 660,908,027 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 possible to purchase alternative cryptocurrencies such as Osmosis directly using U.S. dollars. Investors seeking to trade Osmosis should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the exchanges listed above.

Receive News & Updates for Osmosis Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Osmosis and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.