Kusama Market Capitalization Tops $566.07 Million (KSM)

Kusama (KSM) traded 0.8% lower against the U.S. dollar during the one day period ending at 21:00 PM Eastern on May 28th. Over the last seven days, Kusama has traded 17.4% lower against the U.S. dollar. Kusama has a total market cap of $566.07 million and approximately $59.91 million worth of Kusama was traded on exchanges in the last 24 hours. One Kusama coin can now be bought for about $66.83 or 0.00230806 BTC on popular exchanges.

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

  • Bitsubishi (BITSU) traded 126.3% higher against the dollar and now trades at $2,418.24 or 0.08351568 BTC.
  • JUMPN (JST) traded down 54% against the dollar and now trades at $5.46 or 0.00018651 BTC.
  • Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00003450 BTC.
  • XRP (XRP) traded down 0% against the dollar and now trades at $0.38 or 0.00001328 BTC.
  • Wrapped Cardano (WADA) traded up 0.9% against the dollar and now trades at $0.46 or 0.00001600 BTC.
  • Enegra (EGX) (EGX) traded 0.1% higher against the dollar and now trades at $147.49 or 0.00509364 BTC.
  • Lido stETH (STETH) traded down 0.6% against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Polkadot (DOT) traded 2.9% higher against the dollar and now trades at $9.49 or 0.00032791 BTC.
  • Wrapped TRON (WTRX) traded up 0.7% against the dollar and now trades at $0.0808 or 0.00000279 BTC.
  • Gateway Protocol (GWP) traded down 1.5% against the dollar and now trades at $2.54 or 0.00008757 BTC.

Kusama Profile

Kusama’s launch date was August 23rd, 2019. Kusama’s total supply is 9,651,217 coins and its circulating supply is 8,470,098 coins. The official website for Kusama is kusama.network. Kusama’s official message board is forum.kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here.

According to CryptoCompare, “Kusama is an early, unaudited and unrefined release of Polkadot. Kusama will serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance, staking, nomination and validation functionality in a real environment. With KSM, users can validate, nominate validators, bond parachains, pay for interop message passing, and vote on governance referenda. “

Buying and Selling Kusama

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

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