Kusama Achieves Self Reported Market Capitalization of $271.86 Million (KSM)

Kusama (KSM) traded up 5.6% against the dollar during the 24-hour period ending at 22:00 PM ET on August 8th. One Kusama coin can currently be purchased for approximately $17.76 or 0.00028913 BTC on popular cryptocurrency exchanges. During the last seven days, Kusama has traded 11% lower against the dollar. Kusama has a market cap of $271.86 million and $16.04 million worth of Kusama was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during 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 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 1.9% against the dollar and now trades at $0.0125 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0.3% higher against the dollar and now trades at $0.0571 or 0.00000093 BTC.

Kusama Coin Profile

Kusama was first traded on July 16th, 2019. Kusama’s total supply is 15,310,076 coins and its circulating supply is 15,310,035 coins. Kusama’s official website is kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. Kusama’s official message board is guide.kusama.network/docs/community.

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.”

Kusama Coin Trading

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 Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView