{"id":565638,"date":"2023-12-16T10:03:23","date_gmt":"2023-12-16T10:03:23","guid":{"rendered":"https:\/\/uniquehot.com\/?p=565638"},"modified":"2023-12-16T10:03:23","modified_gmt":"2023-12-16T10:03:23","slug":"osmosis-rally-intensifies-with-77-increase-will-osmo-hit-2-this-month","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/osmosis-rally-intensifies-with-77-increase-will-osmo-hit-2-this-month\/","title":{"rendered":"Osmosis Rally Intensifies With 77% Increase &#8211; Will OSMO Hit $2 This Month?"},"content":{"rendered":"<p>The price movement of OSMO has demonstrated significant volatility, moving through a largely bearish trend for the most part of the year. But in the last three months, the cryptocurrency has shown signs of a strong comeback and is now entering a phase of strong recovery.<\/p>\n<p>Currently, a wide range of technical indicators are available to traders, each of which presents a complex picture of the possible future paths for the OSMO price.<\/p>\n<p>Together, these signals create a mosaic of information that help traders traverse the complicated environment in which they must predict and react to market movements.<\/p>\n<h2><strong>Osmosis Price Explodes In The Weekly Timeframe\u00a0<\/strong><\/h2>\n<p>Osmosis is a well-known player in the cryptocurrency ecosystem and one of the main forces shaping the market environment. Its native token, <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener nofollow\">OSMO,<\/a> has seen a significant increase, crossing the $1 threshold and hitting its highest worth since July.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/why-bonk-keeps-on-rising-price-explodes-124-today-heres-the-scoop\/\" target=\"_blank\" rel=\"noopener \">Why BONK Keeps On Rising, Price Explodes 124% Today \u2013 Here\u2019s The Scoop<\/a><\/div>\n<p>At the time of writing, OSMO was trading at $1.46, up 14.1% in the last 24 hours, and tallied<a href=\"https:\/\/www.coingecko.com\/\" target=\"_blank\" rel=\"noopener nofollow\"> a commanding 76.3% rally<\/a> in the last seven days, data from Coingecko shows.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-565646\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-110.png?resize=954%2C70\" alt=\"\" width=\"954\" height=\"70\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-110.png?w=954 954w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-110.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-110.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-110.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-110.png?w=750 750w\" sizes=\"(max-width: 954px) 100vw, 954px\"><\/p>\n<pre style=\"text-align: center\">OSMO price action in the last 24 hours. Source: Coingecko<\/pre>\n<p>Osmosis&#8217;s successful merger with Umee, another prominent Cosmos network with assets exceeding $17 million, is partly responsible for the company&#8217;s strong performance.<\/p>\n<p>The token has experienced a remarkable rise, rising by almost 380% from its lowest point in 2023, in accordance with the merger&#8217;s plans.<\/p>\n<pre style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full\" src=\"https:\/\/www.tradingview.com\/x\/XMLQ9r1M\/\" width=\"1273\" height=\"522\">Osmosis currently trading at $1.4645 territory. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ZUMCtHpo\/?symbol=CRYPTOCAP:XRP\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n<p>With assets over $142 million, Osmosis holds a strong position, according to data from DeFi Llama.<\/p>\n<p>Furthermore, in the last 24 hours, the platform has enabled transactions totaling more than $64 million in token value, demonstrating its significant impact and activity in the decentralized finance domain.<\/p>\n<p>A number of the Cosmos ecosystem&#8217;s constituent parts are thriving. Notably, THORChain has become one of the biggest players in the world of decentralized exchanges, or DEXs, and has emerged as a major participant in this space.<\/p>\n<pre style=\"text-align: center\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-565640\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?resize=1024%2C369\" alt=\"\" width=\"1024\" height=\"369\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?w=1152 1152w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/12\/a-107.png?w=1140 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\">OSMO seven-day price action. Source: CoinMarketCap<\/pre>\n<h2><strong>Will OSMO Reach $2?<\/strong><\/h2>\n<p>With a\u00a0solid\u00a0total value locked (TVL) of more than $915 million and available liquidity of more than $336 million, THORChain has cemented its place as a major participant in the independent financial market.<\/p>\n<p>The cumulative validator bond has risen significantly, exceeding the remarkable $578 million mark. Concurrently, the unique swapper community has expanded tremendously, to include over 88,000 members.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/terra-luna-classic-rockets-over-300-and-collapses-more-pain-ahead\/\" target=\"_blank\" rel=\"noopener \">Terra Luna Classic Rockets Over 300% And Collapses \u2014 More Pain Ahead?<\/a><\/div>\n<p>In a related breakthrough, the Interblockchain Communication Protocol (IBC) has secured assets worth over $30 billion spanning a vast network of more than 100 chains, demonstrating its strong functioning.<\/p>\n<p>This emphasizes how crucial the protocol is to enabling smooth communication and interoperability across various blockchain ecosystems.<\/p>\n<p>One notable newcomer to the Cosmos scene is Namada, a layer-1 network with cutting-edge interchain privacy capabilities. By introducing cutting-edge technologies to improve privacy and increase the capabilities of interchain communication, this introduction further improves the Cosmos ecosystem.<\/p>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-pstjl-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-pstjl-1n7m0yu\">\n<div class=\"flex flex-col pb-9 text-sm\">\n<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-21\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group final-completion\">\n<div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"ef57c471-a10b-44db-a264-465ea69a3c7a\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>With a compelling 72% surge, the Osmosis rally is sparking speculation about OSMO hitting $2 this month. Fueled by strategic mergers and a resilient ecosystem, OSMO&#8217;s upward momentum is closely watched by traders and enthusiasts, adding an exciting dimension to its evolving narrative in the cryptocurrency market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"mt-1 flex justify-start gap-3 empty:hidden\">\n<div class=\"text-gray-400 flex self-end lg:self-center justify-center lg:justify-start mt-0 gap-1 visible\">\n<div class=\"flex items-center gap-1.5 text-xs\">\n<p><em>Featured image from Shutterstock<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The price movement of OSMO has demonstrated significant volatility, moving through a largely bearish trend for the most part of the year. But in the last three months, the cryptocurrency has shown signs of a strong comeback and is now entering a phase of strong recovery. Currently, a wide range of technical indicators are available to traders, each of which presents a complex picture of the possible future paths for the OSMO price. Together, these signals create a mosaic of information that help traders traverse the complicated environment in which they must predict and react to market movements. Osmosis Price Explodes In The Weekly Timeframe\u00a0 Osmosis is a well-known player in the cryptocurrency ecosystem and one of the main forces shaping the market environment. Its native token, OSMO, has seen a significant increase, crossing the $1 threshold and hitting its highest worth since July. Related Reading: Why BONK Keeps On Rising, Price Explodes 124% Today \u2013 Here\u2019s The Scoop At the time of writing, OSMO was trading at $1.46, up 14.1% in the last 24 hours, and tallied a commanding 76.3% rally in the last seven days, data from Coingecko shows. OSMO price action in the last 24 hours. Source: Coingecko Osmosis&#8217;s successful merger with Umee, another prominent Cosmos network with assets exceeding $17 million, is partly responsible for the company&#8217;s strong performance. The token has experienced a remarkable rise, rising by almost 380% from its lowest point in 2023, in accordance with the merger&#8217;s plans. Osmosis currently trading at $1.4645 territory. Chart: TradingView.com With assets over $142 million, Osmosis holds a strong position, according to data from DeFi Llama. Furthermore, in the last 24 hours, the platform has enabled transactions totaling more than $64 million in token value, demonstrating its significant impact and activity in the decentralized finance domain. A number of the Cosmos ecosystem&#8217;s constituent parts are thriving. Notably, THORChain has become one of the biggest players in the world of decentralized exchanges, or DEXs, and has emerged as a major participant in this space. OSMO seven-day price action. Source: CoinMarketCap Will OSMO Reach $2? With a\u00a0solid\u00a0total value locked (TVL) of more than $915 million and available liquidity of more than $336 million, THORChain has cemented its place as a major participant in the independent financial market. The cumulative validator bond has risen significantly, exceeding the remarkable $578 million mark. Concurrently, the unique swapper community has expanded tremendously, to include over 88,000 members. Related Reading: Terra Luna Classic Rockets Over 300% And Collapses \u2014 More Pain Ahead? In a related breakthrough, the Interblockchain Communication Protocol (IBC) has secured assets worth over $30 billion spanning a vast network of more than 100 chains, demonstrating its strong functioning. This emphasizes how crucial the protocol is to enabling smooth communication and interoperability across various blockchain ecosystems. One notable newcomer to the Cosmos scene is Namada, a layer-1 network with cutting-edge interchain privacy capabilities. By introducing cutting-edge technologies to improve privacy and increase the capabilities of interchain communication, this introduction further improves the Cosmos ecosystem. With a compelling 72% surge, the Osmosis rally is sparking speculation about OSMO hitting $2 this month. Fueled by strategic mergers and a resilient ecosystem, OSMO&#8217;s upward momentum is closely watched by traders and enthusiasts, adding an exciting dimension to its evolving narrative in the cryptocurrency market. Featured image from Shutterstock<\/p>\n","protected":false},"author":557,"featured_media":565643,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,90887,90888,90886],"class_list":["post-565638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-osmo","tag-osmo-price","tag-osmosis"],"acf":[],"yoast_head":"\n<title>Osmosis Rally Intensifies With 72% Rally<\/title>\n<meta name=\"description\" content=\"The price movement of OSMO has demonstrated significant volatility, moving through a largely bearish trend for the most part of the year. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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