Kusama (KSM) Reaches Self Reported Market Capitalization of $257.57 Million

Kusama (KSM) traded down 5.2% against the dollar during the twenty-four hour period ending at 0:00 AM ET on October 31st. One Kusama coin can currently be bought for $16.45 or 0.00023713 BTC on popular cryptocurrency exchanges. Kusama has a total market capitalization of $257.57 million and $10.46 million worth of Kusama was traded on exchanges in the last 24 hours. During the last seven days, Kusama has traded 9.9% lower against the dollar.

Here’s how similar 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.7% lower against the dollar and now trades at $69,480.40 or 1.00177240 BTC.
• SolvBTC (SOLVBTC) traded down 3.9% against the dollar and now trades at $69,418.46 or 1.00087929 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Kusama

Kusama was first traded on July 16th, 2019. Kusama’s total supply is 15,660,758 coins and its circulating supply is 15,660,752 coins. Kusama’s official message board is guide.kusama.network/docs/community. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. Kusama’s official website is kusama.network. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here.

According to CryptoCompare, “Kusama (KSM) is an experimental blockchain network designed to facilitate rapid innovation and testing of new blockchain projects before they are deployed on Polkadot. It uses a similar codebase and infrastructure as Polkadot, allowing developers to experiment with fewer constraints. The KSM token is essential for network operations, including staking, governance, and bonding for parachain creation. Founded by Gavin Wood, Kusama serves as a crucial testing ground for the broader Polkadot ecosystem.”

Buying and Selling Kusama

It is usually not possible to buy alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to trade Kusama should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kusama using one of the exchanges listed above.

KSM/USD price chart by TradingView