Kusama Hits 24 Hour Volume of $38.98 Million (KSM)

Kusama (KSM) traded 2.1% lower against the US dollar during the 24-hour period ending at 8:00 AM Eastern on March 27th. Kusama has a market capitalization of $427.43 million and approximately $38.98 million worth of Kusama was traded on exchanges in the last day. One Kusama coin can now be purchased for about $49.71 or 0.00070867 BTC on cryptocurrency exchanges. During the last week, Kusama has traded 14.4% higher against the US dollar.

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

• KILT Protocol (KILT) traded 5.1% higher against the dollar and now trades at $0.47 or 0.00000664 BTC.
• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.7% lower against the dollar and now trades at $0.0093 or 0.00000013 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kusama Coin Profile

Kusama’s genesis date was July 16th, 2019. Kusama’s total supply is 9,651,217 coins and its circulating supply is 8,597,992 coins. The official website for Kusama is kusama.network. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. Kusama’s official message board is forum.kusama.network.

According to CryptoCompare, “## What is Kusama?

Kusama is a blockchain platform that was created as a more experimental and development-oriented counterpart to the Polkadot network. It is designed to be a platform for early adopters, developers, and researchers to experiment with and build new blockchain-based technologies and applications. Kusama has a fast-paced development cycle, which allows for rapid iteration and deployment of new features and upgrades.

## Who Created Kusama?

Kusama was created by the Web3 Foundation, a Swiss non-profit organization dedicated to the development of decentralized technologies. The Web3 Foundation is also responsible for the development of the Polkadot network.

## How Do You Use Kusama?

Kusama can be used for a variety of purposes, including experimentation with new blockchain-based technologies and applications, as well as for participating in the network’s governance through the use of its native token, KSM. Kusama’s fast-paced development cycle makes it a great platform for testing and experimentation in the blockchain space. Additionally, Kusama provides a shared security model, which allows for cross-chain interoperability and collaboration between different blockchain networks. To use Kusama, you can either run a validator node to provide security to the network or hold KSM and participate in governance through voting.”

Kusama Coin Trading

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

KSM/USD price chart by TradingView