Osmosis (OSMO) Self Reported Market Cap Achieves $22.04 Million

Osmosis (OSMO) traded 3.1% higher against the US dollar during the 1-day period ending at 10:00 AM ET on August 4th. Osmosis has a total market capitalization of $22.04 million and approximately $3.29 million worth of Osmosis was traded on exchanges in the last 24 hours. Over the last week, Osmosis has traded up 3% against the US dollar. One Osmosis coin can now be bought for approximately $0.0281 or 0.00000044 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• UZDT (UZDT) traded up 0% against the dollar and now trades at $1.00 or 0.00001566 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 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.
• SolvBTC (SOLVBTC) traded up 1.3% against the dollar and now trades at $63,656.00 or 0.99745789 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Osmosis

Osmosis launched on June 18th, 2021. Osmosis’ total supply is 975,419,649 coins and its circulating supply is 783,452,655 coins. Osmosis’ official Twitter account is @osmosis and its Facebook page is accessible here. The Reddit community for Osmosis is https://reddit.com/r/osmosislab and the currency’s Github account can be viewed here. The official message board for Osmosis is forum.osmosis.zone. 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.”

Osmosis Coin Trading

It is usually not presently 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Osmosis using one of the exchanges listed above.

OSMO/USD price chart by TradingView