Price Kusama (KSM)

33.304 EURO (1.24% )
The displayed price is informative and does not represent the trading price.

Rank 122

Market cap

301.89M EUR

Circulating Supply

8.98M KSM

Max Supply

10.00M KSM

Kusama is a public pre-production space for decentralized Polkadot applications. Kusama allows any developer to experiment and test new blockchain technologies before releasing them on Polkadot. Kusama acts as a kind of testing ground for developers who want to use the Polkadot ecosystem. For additional information about the origin and use of Kusama, you can access the "About Kusama cryptocurrency" page.

Cryptocurrency Kusama - KSM price fluctuations

As in the case of traditional investments, an overview must be formed that aims at possible losses or profits. At the same time, it should be noted that the demand for Kusama is an increasingly significant factor, because the cryptocurrency is also traded outside the normal schedule of the stock exchanges. With an overview of cryptocurrency, investors can trade calculatedly and take advantage of price fluctuations.

What determines the price fluctuations of the cryptocurrency Kusama (KSM)?

Price fluctuations are influenced by a number of factors:

Supply and demand - Kusama cryptocurrency

Considering the traditional economic concepts, if the demand is high, the price of Kusama(KSM) will increase. Conversely, if the demands are reduced, the price of the cryptocurrency falls. Demand is influenced by a variety of factors, such as media attention, the global economy and financial regulations. Unlike Bitcoin, the Kusama digital currency does not have a limit of units imposed by the technology developers, a fact that must be kept in mind when investing in KSM.

Popularity and media attention for Kusama(KSM) cryptocurrency

The popularity of the Kusama cryptocurrency is a major factor influencing the price. Simple curiosity about cryptocurrencies leads to high investments, which affect the market price. At the same time, the price is influenced by announcements from state authorities and companies in the field. The phenomenon of FOMO (fear of missing out) can be created around these situations, which is represented by investors' fear of missing the moment of entering the market. To avoid the feeling of FOMO, investors need to educate themselves about the real factors that determine Kusama's price.

Kusama economy and ecosystem

The economic risks of the states are another aspect that can lead to an increase in the price of the Kusama cryptocurrency. Especially in countries with high inflation, people are turning their attention to new methods of protecting money, a fact that can influence the value of Kusama.

Pret Kusama - Frequently Asked Questions (FAQ)

What blockchain does the Kusama cryptocurrency use?

Polka dot

Cum pain cryptocurrency Kusama?

Kusama(KSM) can mine using the computer, but specialized hardware is recommended.

What is the highest Kusama price in EUR?

The highest Kusama price was recorded at 492 EUR.

How can I buy Kusama at the best price?

The fastest and most advantageous way to buy Kusama is on the platform at the live Kusama price displayed in the Tradesilvania user account 24/7.

What is the Kusama price today?

The Kusama price varies several times per second in the platform and the instant price is available in the user account. Daily purchase limit (KSM Limit Order type is 1,000,000 EUR / transaction).

Knowing the causes that influence the price of the Kusama cryptocurrency makes it easier to understand the fluctuations. If you have evaluated each factor and want to invest in Kusama, create an account on Tradesilvania and transact in a fast and safe way.

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