Osmosis Trading Down 2.7% Over Last Week (OSMO)

Osmosis (OSMO) traded 0.6% lower against the U.S. dollar during the one day period ending at 12:00 PM ET on May 26th. Osmosis has a market capitalization of $293.59 million and approximately $8.38 million worth of Osmosis was traded on exchanges in the last day. One Osmosis coin can currently be purchased for $0.60 or 0.00002223 BTC on major exchanges. Over the last week, Osmosis has traded down 2.7% against the U.S. dollar.

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

• KILT Protocol (KILT) traded down 0.7% against the dollar and now trades at $0.33 or 0.00001236 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded 2.6% higher against the dollar and now trades at $0.0017 or 0.00000006 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 1.8% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded 25.2% higher against the dollar and now trades at $0.0198 or 0.00000074 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 1.9% lower against the dollar and now trades at $0.0089 or 0.00000033 BTC.

Osmosis Coin Profile

Osmosis was first traded on February 19th, 2021. Osmosis’ total supply is 325,000,000 coins and its circulating supply is 492,590,761 coins. Osmosis’ official Twitter account is @osmosiszone and its Facebook page is accessible here. Osmosis’ official website is osmosis.zone.

According to CryptoCompare, “The OSMO token is a governance token on the Osmosis network, enabling staked token holders to decide the future of the protocol, including voting on upgrades, allocating liquidity mining rewards, and setting the network swap fee. Osmosis is an automated market maker (AMM) protocol that enables the creation of customized AMMs with sovereign liquidity pools using Inter-Blockchain Communication (IBC) for cross-chain transactions. Users can launch liquidity pools with unique parameters and governance can implement liquidity reward (LP) rewards for specific pools. Osmosis is a fair-launched, customizable AMM for interchain assets that allows the creation and management of non-custodial, self-balancing, interchain token indexes similar to Balancer.”

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

OSMO/USD price chart by TradingView