Osmosis 24-Hour Trading Volume Reaches $11.98 Million (OSMO)

Osmosis (OSMO) traded 1.9% lower against the U.S. dollar during the one day period ending at 12:00 PM E.T. on October 21st. Osmosis has a total market capitalization of $369.89 million and $11.98 million worth of Osmosis was traded on exchanges in the last 24 hours. One Osmosis coin can now be bought for approximately $0.54 or 0.00000801 BTC on major cryptocurrency exchanges. During the last seven days, Osmosis has traded 4.7% lower against the U.S. dollar.

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

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 17.9% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 1.1% lower against the dollar and now trades at $172.51 or 0.00257535 BTC.

About Osmosis

Osmosis’ launch date was February 19th, 2021. Osmosis’ total supply is 997,874,489 coins and its circulating supply is 689,397,974 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 buy alternative cryptocurrencies such as Osmosis directly using US dollars. Investors seeking to trade Osmosis should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView