Kusama (KSM) Self Reported Market Cap Achieves $141.22 Million

Kusama (KSM) traded 0.8% lower against the US dollar during the 24-hour period ending at 9:00 AM ET on December 7th. One Kusama coin can currently be purchased for approximately $8.10 or 0.00009104 BTC on major cryptocurrency exchanges. During the last week, Kusama has traded 7.7% lower against the US dollar. Kusama has a market capitalization of $141.22 million and $6.04 million worth of Kusama was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during 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 2.2% lower 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.
• SolvBTC (SOLVBTC) traded 0.5% lower against the dollar and now trades at $89,028.40 or 1.00061980 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.

Kusama Profile

Kusama was first traded on July 16th, 2019. Kusama’s total supply is 17,435,328 coins and its circulating supply is 17,434,947 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. The official message board for Kusama is guide.kusama.network/docs/community. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here.

According to CryptoCompare, “Self-described as “Polkadot's wild cousin,” Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.” The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product. Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.”

Kusama Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to trade Kusama should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kusama using one of the exchanges listed above.

KSM/USD price chart by TradingView