Kusama Trading 0.3% Higher Over Last Week (KSM)

Kusama (KSM) traded 1.6% higher against the US dollar during the 1-day period ending at 12:00 PM Eastern on July 30th. One Kusama coin can now be purchased for approximately $21.69 or 0.00032796 BTC on major exchanges. Kusama has a total market capitalization of $331.28 million and $28.39 million worth of Kusama was traded on exchanges in the last day. Over the last seven days, Kusama has traded 0.3% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 3% against the dollar and now trades at $0.18 or 0.00000271 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 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.
• Kitty Inu (KITTY) traded 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 3.4% lower against the dollar and now trades at $0.0130 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 Coin Profile

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 15,271,230 coins and its circulating supply is 15,271,226 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. 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.

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 purchase alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to trade Kusama should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView