Kusama (KSM) Achieves Self Reported Market Cap of $328.32 Million

Kusama (KSM) traded 1.6% lower against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on February 22nd. Kusama has a market cap of $328.32 million and approximately $15.15 million worth of Kusama was traded on exchanges in the last day. Over the last seven days, Kusama has traded 1% lower against the U.S. dollar. One Kusama coin can now be bought for approximately $20.34 or 0.00021031 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded down 1.6% against the dollar and now trades at $1.05 or 0.00001083 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.
• 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.
• SolvBTC (SOLVBTC) traded 1.6% lower against the dollar and now trades at $96,529.09 or 0.99823946 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% lower against the dollar and now trades at $96,009.81 or 0.99266832 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Kusama Coin Profile

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 16,143,852 coins and its circulating supply is 16,143,877 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. Kusama’s official message board 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.”

Buying and Selling Kusama

It is usually not 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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kusama using one of the aforementioned exchanges.

KSM/USD price chart by TradingView