Kusama One Day Trading Volume Tops $12.72 Million (KSM)

Kusama (KSM) traded 4.6% higher against the dollar during the 1 day period ending at 19:00 PM Eastern on November 5th. One Kusama coin can currently be bought for about $15.76 or 0.00022647 BTC on cryptocurrency exchanges. Kusama has a total market cap of $247.09 million and approximately $12.72 million worth of Kusama was traded on exchanges in the last day. In the last week, Kusama has traded 11.1% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• 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 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.
• 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.4% higher against the dollar and now trades at $69,349.72 or 0.99672887 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.3% against the dollar and now trades at $69,244.44 or 0.99521583 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kusama Coin Profile

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 15,680,877 coins and its circulating supply is 15,680,867 coins. The official message board for Kusama 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 website is kusama.network. 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 possible to buy alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to acquire Kusama should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX 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