Kusama (KSM) - A Comprehensive Look
Today I want to take a deep dive into Kusama. The numbers are interesting, and I think there's a compelling story here.
📈 Current Price Action
Currently trading at $7.40, we're seeing some pullback in the short term. The weekly trend has been fairly sideways, suggesting consolidation.
Kusama price movement over the last 7 days
💰 Market Metrics
Market cap stands at $130.42M, placing it at rank #376. With $5.98M in 24h volume, we're looking at healthy trading.
| Metric | Value |
|---|---|
| Current Price | $7.40 |
| 24h Change | -4.93% |
| 7d Change | -4.48% |
| 30d Change | -5.45% |
| Market Cap | $130.42M |
| 24h Volume | $5.98M |
| Market Rank | #376 |
🪙 Supply Dynamics
Currently $17.61M coins are circulating from a total supply of $17.61M.
📊 Historical Context
The all-time high was $621.71, and we're currently 98.81% below that level. The all-time low sits at $0.88, which means we're 745.57% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
Technical indicators suggest Kusama is in a consolidation phase. The price structure show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
🎯 Final Thoughts
And that's my current read on Kusama. Numbers don't lie, but they also don't predict the future. What's your perspective on this project?
This is not financial advice. Always do your own research before making investment decisions.
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