Serum Price Tops $0.0298 on Exchanges (SRM)

Serum (SRM) traded 4.7% lower against the dollar during the 24 hour period ending at 8:00 AM ET on July 25th. Serum has a market capitalization of $3.73 million and $1.11 million worth of Serum was traded on exchanges in the last day. One Serum coin can currently be purchased for approximately $0.0298 or 0.00000046 BTC on popular cryptocurrency exchanges. Over the last seven days, Serum has traded 5% lower against the dollar.

Here is how related cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 1.8% lower against the dollar and now trades at $0.19 or 0.00000292 BTC.
• 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 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 2% higher against the dollar and now trades at $0.0131 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Serum

Serum’s genesis date was July 23rd, 2020. Serum’s total supply is 1,092,844,982 coins and its circulating supply is 125,000,000 coins. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. The official message board for Serum is projectserum.medium.com. Serum’s official website is portal.projectserum.com.

According to CryptoCompare, “Serum (SRM) is a cryptocurrency on Solana and Ethereum blockchains, known for its interoperability in DeFi. It can be converted into MegaSerum (MSRM) with 1 million SRM tokens. SRM is deflationary, with trading fees used to buy and burn tokens. It’s part of Project Serum, a DeFi ecosystem on Solana, featuring the Serum DEX for cross-chain swaps. SRM contributes to governance, staking for validator nodes, and reducing trading fees. SRM is used for staking, operating validator nodes on Serum DEX, and receiving reduced trading fees. It also plays a role in the DEX’s governance.”

Buying and Selling Serum

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

SRM/USD price chart by TradingView