Serum (SRM) Self Reported Market Capitalization Achieves $2.33 Million

Serum (SRM) traded 4.2% lower against the dollar during the 1 day period ending at 7:00 AM ET on February 22nd. One Serum coin can now be bought for about $0.0187 or 0.00000019 BTC on cryptocurrency exchanges. Serum has a market capitalization of $2.33 million and approximately $165,250.73 worth of Serum was traded on exchanges in the last day. During the last week, Serum has traded down 16.1% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 4% lower against the dollar and now trades at $1.04 or 0.00001072 BTC.
• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 2.2% against the dollar and now trades at $96,432.99 or 0.99697042 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% lower against the dollar and now trades at $95,836.28 or 0.99080137 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Serum Profile

Serum’s launch date was 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. Serum’s official message board 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 US dollars. Investors seeking to trade Serum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Serum using one of the exchanges listed above.

SRM/USD price chart by TradingView