Kusama (KSM) Self Reported Market Cap Achieves $266.14 Million

Kusama (KSM) traded 2.6% lower against the dollar during the 24 hour period ending at 9:00 AM ET on August 13th. In the last seven days, Kusama has traded up 3.8% against the dollar. Kusama has a market cap of $266.14 million and approximately $13.94 million worth of Kusama was traded on exchanges in the last day. One Kusama coin can now be purchased for $17.36 or 0.00029352 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in 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 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 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.
• Lumi Credits (LUMI) traded down 0% against the dollar and now trades at $0.0127 or 0.00000021 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 12.4% higher against the dollar and now trades at $0.0586 or 0.00000099 BTC.

Kusama Coin Profile

Kusama was first traded on July 16th, 2019. Kusama’s total supply is 15,328,499 coins and its circulating supply is 15,327,861 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 possible to purchase alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to trade Kusama should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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