Serum (SRM) Price Reaches $0.0175 on Top Exchanges

Serum (SRM) traded down 10.8% against the dollar during the one day period ending at 8:00 AM E.T. on March 18th. One Serum coin can currently be bought for approximately $0.0175 or 0.00000021 BTC on exchanges. Serum has a market cap of $2.18 million and approximately $151,047.63 worth of Serum was traded on exchanges in the last 24 hours. In the last seven days, Serum has traded up 0.7% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Taiko (TAIKO) traded down 2.9% against the dollar and now trades at $0.63 or 0.00000761 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $82,731.99 or 1.00176671 BTC.
• SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $82,515.20 or 0.99914170 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Serum Profile

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 website is portal.projectserum.com. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here.

According to CryptoCompare, “Serum (SRM) is a cryptocurrency on Solana and Ethereum blockchains, known for its interoperability in DeFi. It can be converted into MegaSerum (MSRM) with 1 million SRM tokens. SRM is deflationary, with trading fees used to buy and burn tokens. It’s part of Project Serum, a DeFi ecosystem on Solana, featuring the Serum DEX for cross-chain swaps. SRM contributes to governance, staking for validator nodes, and reducing trading fees. SRM is used for staking, operating validator nodes on Serum DEX, and receiving reduced trading fees. It also plays a role in the DEX’s governance.”

Buying and Selling Serum

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

SRM/USD price chart by TradingView