Kusama (KSM) Tops One Day Trading Volume of $11.23 Million

Kusama (KSM) traded down 2% against the US dollar during the twenty-four hour period ending at 12:00 PM Eastern on November 1st. Kusama has a market capitalization of $257.89 million and $11.23 million worth of Kusama was traded on exchanges in the last day. One Kusama coin can currently be bought for $16.46 or 0.00023477 BTC on popular exchanges. Over the last seven days, Kusama has traded 7.8% lower against the US dollar.

Here is how other cryptocurrencies have performed over 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 1.2% higher 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.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.5% lower against the dollar and now trades at $70,161.12 or 1.00041543 BTC.
• SolvBTC (SOLVBTC) traded 0.6% lower against the dollar and now trades at $70,080.77 or 0.99926972 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Kusama

Kusama was first traded on July 16th, 2019. Kusama’s total supply is 15,663,063 coins and its circulating supply is 15,662,956 coins. Kusama’s official website is kusama.network. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. The official message board for Kusama is guide.kusama.network/docs/community.

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 currently possible to purchase alternative cryptocurrencies such as Kusama directly using US dollars. Investors seeking to trade Kusama should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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