Kusama Tops 24-Hour Trading Volume of $10.65 Million (KSM)

Kusama (KSM) traded up 1.8% against the US dollar during the 24 hour period ending at 7:00 AM Eastern on October 28th. One Kusama coin can now be purchased for about $17.12 or 0.00024959 BTC on popular exchanges. Kusama has a total market capitalization of $267.90 million and approximately $10.65 million worth of Kusama was traded on exchanges in the last day. In the last seven days, Kusama has traded down 10.8% against the US dollar.

Here is 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 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.3% against the dollar and now trades at $68,538.99 or 0.99901704 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $68,451.68 or 0.99774444 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Kusama

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 15,645,399 coins and its circulating supply is 15,645,367 coins. Kusama’s official website is kusama.network. Kusama’s official message board is guide.kusama.network/docs/community. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible 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 US dollars. Investors seeking to acquire Kusama should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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