Serum (SRM) Price Down 22.3% Over Last Week

Serum (SRM) traded down 15.4% against the U.S. dollar during the 24-hour period ending at 23:00 PM ET on July 4th. In the last week, Serum has traded down 22.3% against the U.S. dollar. Serum has a total market capitalization of $3.43 million and approximately $1.24 million worth of Serum was traded on exchanges in the last day. One Serum coin can currently be bought for approximately $0.0275 or 0.00000049 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 6.8% against the dollar and now trades at $0.18 or 0.00000329 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 3.4% against the dollar and now trades at $0.0115 or 0.00000021 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Serum Coin Profile

Serum was first traded on July 23rd, 2020. Serum’s total supply is 1,092,844,982 coins and its circulating supply is 125,000,000 coins. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. Serum’s official website is portal.projectserum.com. The official message board for Serum is projectserum.medium.com.

According to CryptoCompare, “Serum (SRM) is a cryptocurrency on Solana and Ethereum blockchains, known for its interoperability in DeFi. It can be converted into MegaSerum (MSRM) with 1 million SRM tokens. SRM is deflationary, with trading fees used to buy and burn tokens. It’s part of Project Serum, a DeFi ecosystem on Solana, featuring the Serum DEX for cross-chain swaps. SRM contributes to governance, staking for validator nodes, and reducing trading fees. SRM is used for staking, operating validator nodes on Serum DEX, and receiving reduced trading fees. It also plays a role in the DEX’s governance.”

Serum Coin Trading

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

SRM/USD price chart by TradingView