Kusama (KSM) Price Reaches $18.50

Kusama (KSM) traded 2.2% higher against the US dollar during the 24 hour period ending at 0:00 AM Eastern on August 20th. One Kusama coin can now be purchased for approximately $18.50 or 0.00031210 BTC on major cryptocurrency exchanges. Over the last seven days, Kusama has traded 3.7% higher against the US dollar. Kusama has a total market cap of $284.21 million and $11.72 million worth of Kusama was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• 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 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 12.5% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6.2% lower against the dollar and now trades at $0.0440 or 0.00000074 BTC.

Kusama Profile

Kusama launched on July 16th, 2019. Kusama’s total supply is 15,359,489 coins. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. The official website for Kusama is kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. Kusama’s official message board is guide.kusama.network/docs/community.

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

KSM/USD price chart by TradingView