Kusama Price Tops $18.08 on Major Exchanges (KSM)

Kusama (KSM) traded down 4% against the US dollar during the one day period ending at 18:00 PM Eastern on August 3rd. One Kusama coin can currently be bought for approximately $18.08 or 0.00029848 BTC on exchanges. Kusama has a total market capitalization of $276.49 million and $20.45 million worth of Kusama was traded on exchanges in the last day. Over the last week, Kusama has traded 18.2% lower against the US dollar.

Here’s 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 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 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.4% lower against the dollar and now trades at $0.0123 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 17.1% lower against the dollar and now trades at $0.0811 or 0.00000134 BTC.

Kusama Coin Profile

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 15,288,625 coins and its circulating supply is 15,288,624 coins. Kusama’s official message board is guide.kusama.network/docs/community. 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.

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 presently possible to purchase alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to acquire Kusama should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kusama using one of the exchanges listed above.

KSM/USD price chart by TradingView