Serum Self Reported Market Cap Hits $3.37 Million (SRM)

Serum (SRM) traded down 8.5% against the dollar during the one day period ending at 21:00 PM Eastern on September 10th. One Serum coin can now be bought for approximately $0.0270 or 0.00000047 BTC on major cryptocurrency exchanges. Serum has a total market cap of $3.37 million and $873,189.44 worth of Serum was traded on exchanges in the last 24 hours. Over the last week, Serum has traded 6.2% lower against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% 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.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 12.9% against the dollar and now trades at $0.0708 or 0.00000122 BTC.
• P2P Solutions foundation (P2PS) traded up 1.2% against the dollar and now trades at $153.88 or 0.00267270 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 website is portal.projectserum.com. Serum’s official message board is projectserum.medium.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.”

Serum Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Serum directly using US dollars. Investors seeking to acquire Serum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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