Kusama Price Down 11.2% Over Last Week (KSM)
by Michael Walen · The Markets DailyKusama (KSM) traded 4.2% higher against the dollar during the 24-hour period ending at 12:00 PM Eastern on April 11th. In the last week, Kusama has traded down 11.2% against the dollar. One Kusama coin can now be purchased for approximately $13.29 or 0.00016135 BTC on popular exchanges. Kusama has a total market capitalization of $217.31 million and approximately $9.02 million worth of Kusama was traded on exchanges in the last day.
Here is how other cryptocurrencies have performed in 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
- SolvBTC (SOLVBTC) traded 3.7% higher against the dollar and now trades at $82,199.36 or 0.99797227 BTC.
- SolvBTC.BBN (SOLVBTC.BB) traded up 0.9% against the dollar and now trades at $81,654.48 or 0.99135695 BTC.
- Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
Kusama Profile
Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 16,351,940 coins and its circulating supply is 16,351,929 coins. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. The official message board for Kusama is guide.kusama.network/docs/community. The official website for Kusama is kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here.
According to CryptoCompare, “Self-described as “Polkadot's wild cousin,” Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.” The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product. Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.”
Buying and Selling Kusama
It is usually not currently possible to purchase alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to acquire Kusama should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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