Cryptocurrency Q&A
How much is KSM in dollars?
How much is KSM in dollars?
Alessandra
Thu Aug 01 2024
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7 answers
1540
Excuse me, could you please elaborate on the current value of KSM in terms of US dollars? I'm interested in understanding the current market position of this cryptocurrency and how it's been performing against the dollar recently. Additionally, I'd appreciate any insights you might have on potential future trends or factors that could influence its exchange rate. Thank you for your time and expertise.
7 answers
Bianca
Sat Aug 03 2024
The current exchange rate for Kusama (KSM) to United States Dollar (USD) stands at 1 KSM equaling 23.07 USD. This rate reflects the ongoing market conditions and fluctuations.
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Andrea
Sat Aug 03 2024
In the past 24 hours, the value of 1 Kusama has declined by 8.70% when compared to its exchange rate with the USD. This decline indicates a decrease in the demand or an increase in the supply of KSM tokens in the market.
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Bianca
Sat Aug 03 2024
Kusama, as a blockchain network, aims to provide a scalable and interoperable framework for blockchain innovation. Its token, KSM, serves as a utility token within the network, enabling users to participate in various decentralized applications and protocols.
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SilenceStorm
Sat Aug 03 2024
The current market capitalization of Kusama is $348.58 million. Market capitalization is a measure of the total value of all KSM tokens in circulation, calculated by multiplying the current price of KSM by its circulating supply.
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Stefano
Fri Aug 02 2024
The market capitalization of Kusama can give investors an idea of the overall size and value of the network. It can also indicate the level of interest and adoption of KSM tokens in the market.
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