Kusama Self Reported Market Cap Tops $705.45 Million (KSM)

Kusama (KSM) traded 3.1% lower against the U.S. dollar during the 24 hour period ending at 12:00 PM E.T. on December 8th. One Kusama coin can currently be bought for $44.60 or 0.00044630 BTC on popular cryptocurrency exchanges. During the last seven days, Kusama has traded up 8% against the U.S. dollar. Kusama has a market capitalization of $705.45 million and $49.71 million worth of Kusama was traded on exchanges in the last day.

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

• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.1% higher against the dollar and now trades at $99,649.20 or 0.99725814 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% higher against the dollar and now trades at $99,331.89 or 0.99408263 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kusama Profile

Kusama’s genesis date was July 16th, 2019. Kusama’s total supply is 15,819,078 coins and its circulating supply is 15,818,942 coins. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. Kusama’s official website 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 message board 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.”

Buying and Selling Kusama

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

KSM/USD price chart by TradingView