Kusama Self Reported Market Capitalization Tops $271.68 Million (KSM)

Kusama (KSM) traded 1.3% lower against the dollar during the 1-day period ending at 22:00 PM Eastern on October 30th. Over the last week, Kusama has traded 5% lower against the dollar. Kusama has a total market capitalization of $271.68 million and approximately $14.70 million worth of Kusama was traded on exchanges in the last day. One Kusama coin can now be bought for about $17.35 or 0.00024029 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over 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 2.2% lower 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 0% against the dollar and now trades at $72,199.00 or 0.99976006 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% higher against the dollar and now trades at $72,121.25 or 0.99868347 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kusama Coin Profile

Kusama launched on July 16th, 2019. Kusama’s total supply is 15,656,442 coins and its circulating supply is 15,656,414 coins. The official message board for Kusama is guide.kusama.network/docs/community. Kusama’s official website is kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed 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 currently possible to buy alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to acquire Kusama should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView