Kusama Self Reported Market Cap Achieves $280.66 Million (KSM)

Kusama (KSM) traded down 0.5% against the US dollar during the 24 hour period ending at 10:00 AM Eastern on October 24th. One Kusama coin can currently be bought for approximately $17.96 or 0.00026586 BTC on major cryptocurrency exchanges. Kusama has a total market capitalization of $280.66 million and $10.57 million worth of Kusama was traded on exchanges in the last day. In the last seven days, Kusama has traded 3% higher against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 2% against the dollar and now trades at $162.95 or 0.00241240 BTC.

About Kusama

Kusama launched on July 16th, 2019. Kusama’s total supply is 15,629,267 coins. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. The official website for Kusama is kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. The official message board for Kusama 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 presently possible to purchase alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to trade Kusama should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView