Serum (SRM) Trading 2.2% Lower Over Last 7 Days

Serum (SRM) traded 0.9% lower against the US dollar during the 1-day period ending at 23:00 PM Eastern on July 2nd. One Serum coin can now be purchased for approximately $0.0347 or 0.00000057 BTC on major exchanges. Serum has a total market capitalization of $4.34 million and $949,920.26 worth of Serum was traded on exchanges in the last day. Over the last seven days, Serum has traded 2.2% lower against the US dollar.

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

• KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.21 or 0.00000338 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 1.4% higher against the dollar and now trades at $0.0120 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Serum Coin Profile

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

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 possible to purchase alternative cryptocurrencies such as Serum directly using US dollars. Investors seeking to trade Serum 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 Serum using one of the aforementioned exchanges.

SRM/USD price chart by TradingView