Kusama (KSM) Price Tops $16.34

Kusama (KSM) traded down 4.3% against the US dollar during the 24 hour period ending at 12:00 PM ET on August 5th. Kusama has a market cap of $250.00 million and approximately $44.93 million worth of Kusama was traded on exchanges in the last 24 hours. In the last week, Kusama has traded down 22.9% against the US dollar. One Kusama coin can now be bought for approximately $16.34 or 0.00030031 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in 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 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.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• 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 down 4.2% against the dollar and now trades at $0.0119 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 16.5% lower against the dollar and now trades at $0.0620 or 0.00000112 BTC.

About Kusama

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 15,296,204 coins and its circulating supply is 15,296,191 coins. The official message board for Kusama is guide.kusama.network/docs/community. The official website for Kusama is kusama.network. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here.

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.”

Buying and Selling Kusama

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

KSM/USD price chart by TradingView