Serum (SRM) Achieves Self Reported Market Capitalization of $1.02 Million

by · The Markets Daily

Serum (SRM) traded down 15.5% against the U.S. dollar during the one day period ending at 10:00 AM Eastern on December 7th. Serum has a total market capitalization of $1.02 million and $115.70 thousand worth of Serum was traded on exchanges in the last 24 hours. During the last seven days, Serum has traded 35.4% higher against the U.S. dollar. One Serum coin can now be purchased for approximately $0.0082 or 0.00000009 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • 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 up 1.2% 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.
  • SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $89,028.40 or 1.00061980 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Serum

Serum was first traded on July 23rd, 2020. Serum’s total supply is 1,092,844,982 coins and its circulating supply is 125,000,000 coins. Serum’s official message board is projectserum.medium.com. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. The official website for Serum is portal.projectserum.com.

According to CryptoCompare, “Serum is a completely decentralized derivatives exchange with trustless cross-chain trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts. While it built the Serum protocol, it is permissionless – it does not hold special power anymore. It is up to the users, the crypto community, to use it as they will.”

Serum Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Serum directly using US dollars. Investors seeking to acquire Serum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Serum using one of the aforementioned exchanges.

SRM/USD price chart by TradingView