Kusama (KSM) Tops One Day Volume of $10.43 Million

by · The Markets Daily

Kusama (KSM) traded down 1.1% against the U.S. dollar during the 1 day period ending at 20:00 PM ET on November 1st. Kusama has a market capitalization of $256.91 million and $10.43 million worth of Kusama was traded on exchanges in the last 24 hours. Over the last week, Kusama has traded down 0.7% against the U.S. dollar. One Kusama coin can currently be purchased for approximately $16.40 or 0.00023609 BTC on major exchanges.

Here’s 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 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 1% lower against the dollar and now trades at $69,403.10 or 0.99904256 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 1.1% lower against the dollar and now trades at $69,361.49 or 0.99844369 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Kusama

Kusama’s genesis date was July 16th, 2019. Kusama’s total supply is 15,664,162 coins and its circulating supply is 15,664,146 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 Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. Kusama’s official website is kusama.network.

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

KSM/USD price chart by TradingView