Seeing the importance of Osmosis in the Cosmos network, many people are looking to invest in it, perhaps you too must have thought of investing in Osmosis (OSMO).
You might be concerned about the future of Osmosis (OSMO) before investing in it. What is the future OSMO? and Is it good for investment? You will get answers to all such questions in this article.
What is Osmosis (OSMO)?
Osmosis is an automated market maker (AMM) built with the technology of Cosmos SDK and IBC. It is a decentralized peer-to-peer blockchain that people can use to create liquidity and IBC enabled tokens.
Osmosis is the first decentralized exchange (DEX) built on the Cosmos network.
Osmosis connects multiple blockchains running on the Cosmos SDK such as Cosmos Hub (ATOM), IRISNet (IRIS), Crypto.org (CRO), and Persistence (XPRT), etc.
The AMM protocol Osmosis was developed by Sunny Aggarwal, Josh Lee, and Dev Ojha. The project was launched in June 2021.
Osmosis network’s native cryptocurrency is called OSMO, which is used for staking and voting on platform decisions.
According to CoinMarketCap, OSMO is currently ranked 2827 among all cryptocurrencies.
Where to Buy Osmosis (OSMO)?
Osmosis (OSMO) is not listed on various exchanges, not even on popular crypto exchanges such as Binance and Coinbase. The OSMO is only listed on its own exchange, the Osmosis Exchange.
On Osmosis Exchange you can buy OSMO with cryptocurrencies like ATOM, UST, JUNO, DVPN, SCRT, and CMDX, this means you cannot buy OSMO directly with fiat currency.
Past Performance of Osmosis (OSMO)
The OSMO debuted with the price of $5 in October 2021. There was a lot of price volatility in the first month, OSMO even went down to $4.08 but by the end of October, the price of OSMO increased to $5.32.
The OSMO price rose after October, reaching $6.45 in November 2021. After that, the price was trading between $4 to $6.5 till the end of December 2021.
At the present time of writing i.e. in January 2022, the price of OSMO is increasing rapidly, OSMO has crossed its all-time highs.
OSMO hasn’t gone down much since its launch. OSMO is trading at a level.
What Does the Market Say?
According to Wallet Investor, the price of OSMO will be $3.151 by the month of February 2022,
$0.822 by 2023,
$0.652 by 2024,
$0.482 by 2025,
$1.220 by 2026, and $2.875 by 2027.
As predicted by Wallet Investor, the price of OSMO will drop to $0.482 by the year 2025, after that the price will start to improve.
PricePrediction.net says that OSMO will be priced at $12.77 in 2022,
$19.10 in 2023,
$28.03 in 2024,
$40.33 in 2025,
$61.51 in 2026,
$96.57 in 2027,
$148.74 in 2028,
$216.11 in 2029,
$323.31 in 2030, and $434.59 in 2031.
According to PricePrediction.net the price of OSMO will increase steadily in the coming years.
Digital Coin Predicts the price of OSMO will be $11.64 in 2022,
$14.06 in 2023,
$14.05 in 2024,
$17.82 in 2025,
$15.96 in 2026,
$22.54 in 2027,
$28.76 in 2028, and $36.07 in 2029.
Digital Coin predicts OSMO will increase steadily in the coming years.
Our Prediction About Osmosis (OSMO)
Osmosis (OSMO) Price Prediction 2022 – 2025
We expect the OSMO price to reach $10 by mid-2022 and $12.5 by the end of 2022.
OSMO can trade between $13 to $17 in 2023 and the price of OSMO can exceed $19 in 2024.
We believe that the price will continue to rise in 2025, the price can rise to $21 by the mid-2025 and $23.5 by the end of 2025.
Osmosis (OSMO) Price Prediction 2026 – 2030
OSMO can trade between $21 to $24 in 2026. If things go well with OSMO then it could reach $27 by the end of 2027.
Our analysis predicts that the price of OSMO can go high to $30 in 2028. We believe the OSMO will trade between $30 to $33 in 2029.
The price can reach $35 by the mid-2030 and $37 by the end of 2030.
Is Osmosis (OSMO) a Good Investment?
Osmosis (OSMO) is good for investment, the price of OSMO will continuously increase in the coming years. But cryptocurrency investing is known to be highly volatile, so you should invest in cryptocurrency carefully.
Consider your research on osmosis (OSMO) and see if it would be the right investment for you.
There is no indication that OSMO may go down but anything can happen in the crypto market anytime. You should never invest money in cryptocurrency that you cannot afford to lose.
[Disclaimer: The content of this article is not intended as financial advice, and should not be construed as such. Neither readaboutcrypto.com nor the author is responsible for any investment decision made by any reader.]