Kusama Achieves Self Reported Market Capitalization of $303.17 Million (KSM)

Kusama (KSM) traded 5.9% higher against the dollar during the 24-hour period ending at 17:00 PM Eastern on January 25th. Kusama has a market capitalization of $303.17 million and approximately $20.77 million worth of Kusama was traded on exchanges in the last 24 hours. Over the last week, Kusama has traded 5.3% higher against the dollar. One Kusama coin can currently be purchased for about $35.26 or 0.00150435 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded up 3.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 3.7% higher against the dollar and now trades at $0.0614 or 0.00000262 BTC.
  • CareCoin (CARES) traded up 3.7% against the dollar and now trades at $0.0762 or 0.00000326 BTC.
  • OmniaVerse (OMNIA) traded 6% higher against the dollar and now trades at $0.0022 or 0.00000009 BTC.
  • Kitty Inu (KITTY) traded up 3.7% against the dollar and now trades at $94.34 or 0.00403055 BTC.
  • Lunar (LNR) traded down 4% against the dollar and now trades at $0.0280 or 0.00000119 BTC.
  • Hokkaidu Inu (HOKK) traded 12.3% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • QANplatform (QANX) traded up 3.7% against the dollar and now trades at $6,621.94 or 0.28292195 BTC.
  • 2G Carbon Coin (2GCC) traded up 0.1% against the dollar and now trades at $135.79 or 0.00580162 BTC.
  • Lego Coin (LEGO) traded 1.9% lower against the dollar and now trades at $0.0406 or 0.00000173 BTC.

About Kusama

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

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.”

Buying and Selling Kusama

It is usually not currently possible to purchase alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to acquire 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 exchanges listed above.

Receive News & Updates for Kusama Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Kusama and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.