Kusama (KSM) Price Down 18.8% This Week

Kusama (KSM) traded 0.2% higher against the U.S. dollar during the 24 hour period ending at 13:00 PM ET on August 31st. In the last week, Kusama has traded down 18.8% against the U.S. dollar. One Kusama coin can currently be purchased for $18.20 or 0.00030880 BTC on popular exchanges. Kusama has a market cap of $280.39 million and approximately $8.57 million worth of Kusama was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• 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 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 8.9% higher 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 3.6% lower against the dollar and now trades at $0.0497 or 0.00000084 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Kusama Coin Profile

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 15,403,163 coins and its circulating supply is 15,403,093 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. Kusama’s official website 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.”

Kusama Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to trade Kusama should first purchase 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 purchase Kusama using one of the exchanges listed above.

KSM/USD price chart by TradingView