Kusama Price Tops $21.63 on Exchanges (KSM)

Kusama (KSM) traded 2.9% higher against the dollar during the 1 day period ending at 23:00 PM ET on July 26th. One Kusama coin can now be purchased for approximately $21.63 or 0.00031876 BTC on major exchanges. During the last seven days, Kusama has traded 3.8% lower against the dollar. Kusama has a total market capitalization of $329.95 million and $14.90 million worth of Kusama was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.19 or 0.00000273 BTC.
• 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.1% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kusama Profile

Kusama launched on July 16th, 2019. Kusama’s total supply is 15,256,696 coins and its circulating supply is 15,256,695 coins. Kusama’s official website is kusama.network. 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. 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 possible to buy alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to acquire Kusama should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView