Kusama Price Up 6.6% This Week (KSM)

Kusama (KSM) traded 4.4% lower against the US dollar during the 1 day period ending at 20:00 PM Eastern on March 4th. Kusama has a total market cap of $456.49 million and $53.38 million worth of Kusama was traded on exchanges in the last day. One Kusama coin can now be purchased for $53.09 or 0.00077587 BTC on major exchanges. During the last seven days, Kusama has traded 6.6% higher against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded 19.3% higher against the dollar and now trades at $0.45 or 0.00000651 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 up 1.9% 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 up 28.7% against the dollar and now trades at $0.0090 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 down 0.1% against the dollar and now trades at $0.0107 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kusama Coin Profile

Kusama was first traded on 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. Kusama’s official website is 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.”

Buying and Selling Kusama

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

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.