Kusama One Day Volume Tops $13.07 Million (KSM)

Kusama (KSM) traded 2.5% higher against the US dollar during the 24-hour period ending at 13:00 PM ET on November 5th. In the last week, Kusama has traded down 12.2% against the US dollar. One Kusama coin can now be bought for $15.72 or 0.00022445 BTC on major cryptocurrency exchanges. Kusama has a total market capitalization of $246.55 million and approximately $13.07 million worth of Kusama was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• 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 1.2% higher 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 3.2% against the dollar and now trades at $70,004.12 or 0.99929391 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.2% against the dollar and now trades at $69,801.26 or 0.99639826 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Kusama

Kusama launched on July 16th, 2019. Kusama’s total supply is 15,679,824 coins and its circulating supply is 15,679,806 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. The official website for Kusama 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 currently possible to buy alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to acquire Kusama should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView