Serum Trading 7.9% Higher This Week (SRM)

Serum (SRM) traded 5.8% higher against the dollar during the 24 hour period ending at 22:00 PM E.T. on July 28th. Serum has a market cap of $4.32 million and approximately $1.66 million worth of Serum was traded on exchanges in the last 24 hours. In the last week, Serum has traded up 7.9% against the dollar. One Serum coin can now be bought for about $0.0345 or 0.00000050 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 1.2% against the dollar and now trades at $0.18 or 0.00000267 BTC.
• 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 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 up 1.9% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.4% against the dollar and now trades at $0.0135 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Serum Profile

Serum launched 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 Twitter account is @projectserum and its Facebook page is accessible here. The official message board for Serum is projectserum.medium.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.”

Serum Coin Trading

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Serum using one of the exchanges listed above.

SRM/USD price chart by TradingView