Bitcoin
BTC$17 136.61

1.72%

Ethereum
ETH$1 287.40

1.81%

Tether
USDT$1.000057

0.01%

Binance Coin
BNB$296.09

-1.06%

USD Coin
USDC$1.000083

0.01%

Binance USD
BUSD$1.000274

0%

Kusama (KSM) Price, Market Cap and Information


Kusama (KSM) Buy Kusama Now
Kusama (KSM) Kusama is an early, unaudited, and unrefined release of Polkadot. Kusama aims to serve as a proving ground, allowing teams and developers to build and deploy a parachain or try out Polkadot’s governance.
CVIX 82
Current price $30.04
Change 24h 5.72%
Change 7d 15.23%
Market Cap $254 468 384
Available supply 8 470 098 KSM
Volume 24h $23 573 274
Updated Thursday, December 1, 2022 1:00:05PM UTC
Nature Token
Mineable No
Discussion
WWW Website

Kusama price change 24 hours

Kusama Short Term Forecast

After Price Change
1 day $33.82 12.58%

Kusama Price Predictions

Kusama General Information

General KSM facts, technical details and Kusama Cryptocurrency information

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.

Who Are the Founders of Kusama?

Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum. Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.

In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help "nurture and steward technologies and applications in the fields of decentralised web software protocols." The Web3 foundation also supports Kusama with research and community development thanks to its growth team.

What Makes Kusama Unique?

Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development. It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.

This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.

Like Polkadot, Kusama features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on Kusama. The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.

Kusama Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Nov 22 24.28 23.43 25.40 215 149 739
Nov 23 25.57 25.28 26.40 221 604 711
Nov 24 26.26 25.84 26.58 223 018 109
Nov 25 26.46 26.05 26.79 222 183 195
Nov 26 26.23 26.23 26.94 224 541 759
Nov 27 26.66 26.39 27.19 225 485 556
Nov 28 25.81 24.92 25.91 216 583 352
Nov 29 25.62 25.61 26.89 227 175 963
Nov 30 26.83 26.83 30.19 255 692 274
Dec 01 29.91 29.40 30.04 254 468 384

KSM/USD Price Charts

KSM to USD price chart – 7 days
KSM to USD price chart – 30 days
KSM to USD price chart – 60 days
KSM to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the Kusama information, KSM Prices and KSM's Market Cap. For the most up-to-date prices please visit the Kusama's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 65.2% 75 $17 136.61 1.72% 3.61% $329 394 279 866 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 67.6% 73 $1 287.40 1.81% 7.74% $157 543 939 698 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $1.000057 0.01% 0.07% $65 366 394 946 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 66.8% 64 $296.09 -1.06% -0.76% $47 365 898 356 BNB 7 days price change
5 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000083 0.01% -0.01% $43 257 030 320 USDC 7 days price change
6 Binance USD (BUSD) BUSD Binance USD predictions 92.4% 1 $1.000274 0% -0.03% $22 221 457 711 BUSD 7 days price change
7 XRP (XRP) XRP XRP predictions 73.6% 57 $0.402238 0.59% 6.10% $20 228 573 518 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 59.2% 87 $0.104596 -0.37% 29.10% $13 876 834 543 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 64.4% 74 $0.318176 1.16% 1.52% $10 960 116 359 ADA 7 days price change
10 Lido stETH (STETH) STETH Lido stETH predictions 94.4% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
11 Polygon (MATIC) MATIC Polygon predictions 64.8% 73 $0.925891 6.60% 9.08% $8 087 029 117 MATIC 7 days price change
12 Polkadot (DOT) DOT Polkadot predictions 66.4% 66 $5.40 0.29% 0.77% $6 163 240 357 DOT 7 days price change
13 Dai (DAI) DAI Dai predictions 95.6% 1 $0.999871 0.01% -0.01% $5 657 536 504 DAI 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 70.4% 63 $0.054728 1.69% 5.13% $5 564 483 633 WTRX 7 days price change
15 Litecoin (LTC) LTC Litecoin predictions 62.8% 78 $77.28 -0.94% -0.04% $5 543 421 217 LTC 7 days price change

News, Promo

UNI
Uniswap launches NFT marketplace aggregator

Developers say the tool can help users save upwards of 15% on gas fees when shopping for NFTs. According to a new post on November 30, decentralized exchange (DEX) Uniswap...

01 Dec 2022
ETH
NFT rides shotgun as Red Bull Racing closes out F1 season

Red Bull Racing will close out a successful Formula 1 season with an NFT emblazoned on both drivers’ vehicles at the Abu Dhabi Grand Prix. Cryptocurrency and blockchain technology...

01 Dec 2022
BTC
Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse

The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable. The total cryptocurrency market capitalization gained...

30 Nov 2022
BTC
Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish

Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was the final bottom. BTC bears have been in control since...

29 Nov 2022
MANA
NFT pricing strategy: How to price your NFTs?

NFTs can be fixed-priced or sold during an auction. However, creators should consistently sell to demonstrate a proof-of-concept to boost the NFT’s floor price...

28 Nov 2022
BTC
Copy Trading Strategies: How to Start Successful Copy Trading

To be a successful copy trader, you need to understand quite a bit of nuance and things to ensure that it is the profitable venture you are hoping for...

25 Nov 2022

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2022 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.