Kusama (KSM) Trading 10.3% Lower Over Last 7 Days

Kusama (KSM) traded down 7.9% against the dollar during the twenty-four hour period ending at 13:00 PM ET on July 23rd. In the last seven days, Kusama has traded 10.3% lower against the dollar. One Kusama coin can now be purchased for approximately $21.08 or 0.00031944 BTC on cryptocurrency exchanges. Kusama has a total market cap of $321.24 million and approximately $21.42 million worth of Kusama was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 4.5% against the dollar and now trades at $0.19 or 0.00000288 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 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.
• 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.
• 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 1.1% lower against the dollar and now trades at $0.0127 or 0.00000019 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 15,242,492 coins and its circulating supply is 15,242,394 coins. The official message board for Kusama is guide.kusama.network/docs/community. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. 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.

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 trade Kusama should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kusama using one of the exchanges listed above.

KSM/USD price chart by TradingView