Serum 24-Hour Trading Volume Reaches $1.58 Million (SRM)

Serum (SRM) traded 1.8% higher against the dollar during the one day period ending at 7:00 AM ET on April 19th. In the last seven days, Serum has traded down 24% against the dollar. One Serum coin can now be purchased for approximately $0.0423 or 0.00000065 BTC on major cryptocurrency exchanges. Serum has a market capitalization of $5.29 million and approximately $1.58 million worth of Serum was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded 1.6% higher against the dollar and now trades at $0.33 or 0.00000508 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 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.4% lower against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Serum

Serum launched on July 23rd, 2020. Serum’s total supply is 1,092,844,982 coins and its circulating supply is 125,000,000 coins. The official website for Serum is portal.projectserum.com. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. 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 possible to purchase alternative cryptocurrencies such as Serum directly using US dollars. Investors seeking to acquire Serum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Serum using one of the aforementioned exchanges.

SRM/USD price chart by TradingView