Kusama is an experimental protocol based on the Substrate network. It has many features that liken it to the Polkadot network. The nominated proof-of-stake (NPoS) consensus system used by Kusama makes it a more secure option than other proof-of-work chains.
Here are some benefits that the Kusama blockchain offers its users.
- Fast Iteration: The developers working for the Kusama blockchain can move through the governance process and navigate process upgradation with an emphasis on progress and growth.
- Low Economic Barriers: The entry barriers for Kusama are negligibly low. This feature is an ideal help for startups to scale their projects.
- Advanced Technology: Kusama uses the latest technologies even before they are onboarded on the Polkadot chain. The Kusama network is a next-generation, sharded, multichain network.
- Open Governance: KSM token holders can openly vote for community development and control the growth trajectory of the network.
Here are some insights into the current status of the KSM tokens in the market.
- Current Market Price of KSM coins: $18.54
- Market Capitalization: $285,574,051
- Fully Diluted Valuation: $285,574,051
- 24 Hour Trading Volume: $14,014,183
- Circulating Supply: 15,400,752
- Total Supply: 15,400,752
- Maximum Supply: ∞
Kusama (KSM) Price Prediction 2024–2030
The price of KSM coins for 2024–2030 is given in the table below.
Year | Yearly Low | Yearly Average | Yearly High |
2024 | $16.60 | $38.56 | $40.74 |
2025 | $39.81 | $47.67 | $48.19 |
2026 | $54.71 | $65.99 | $67.29 |
2027 | $71.32 | $77.38 | $84.44 |
2028 | $71.32 | $77.38 | $84.44 |
2029 | $88.07 | $100.58 | $101.83 |
2030 | $125.07 | $134.51 | $137.70 |
KSM Price Prediction 2024
Refer to the table below to get an idea about the short-term price prediction of KSM tokens for the remaining months of 2024.
Month | Low Price | Average Price | High Price |
---|---|---|---|
August 2024 | $18.55 | $18.55 | $18.55 |
September 2024 | $16.14 | $21.68 | $40.66 |
October 2024 | $16.29 | $29.99 | $40.08 |
November 2024 | $15.98 | $27.94 | $40.59 |
December 2024 | $15.35 | $26.80 | $39.03 |
KSM Price Prediction 2025
The table below shows the detailed month-wise price prediction data of KSM tokens in 2025.
Month | Low Price | Average Price | High Price |
January 2025 | $39.75 | $42.72 | $43.12 |
February 2025 | $39.78 | $40.41 | $42.19 |
March 2025 | $39.04 | $39.56 | $44.82 |
April 2025 | $39.59 | $46.27 | $47.75 |
May 2025 | $39.00 | $39.76 | $44.39 |
June 2025 | $39.45 | $43.12 | $44.12 |
July 2025 | $39.17 | $42.63 | $46.60 |
August 2025 | $39.44 | $40.82 | $41.71 |
September 2025 | $39.72 | $42.70 | $45.52 |
October 2025 | $39.85 | $41.23 | $42.29 |
November 2025 | $39.31 | $47.73 | $48.25 |
December 2025 | $39.83 | $41.77 | $42.57 |
KSM Price Prediction 2030
The table below shows the detailed month-wise price prediction data of KSM tokens in 2030.
Month | Low Price | Average Price | High Price |
January 2030 | $125.16 | $125.93 | $136.66 |
February 2030 | $124.91 | $132.56 | $135.92 |
March 2030 | $125.09 | $131.96 | $134.26 |
April 2030 | $124.91 | $131.30 | $137.35 |
May 2030 | $125.06 | $133.51 | $134.18 |
June 2030 | $125.07 | $134.66 | $135.26 |
July 2030 | $124.96 | $127.11 | $131.60 |
August 2030 | $124.62 | $127.31 | $130.42 |
September 2030 | $124.67 | $131.52 | $132.09 |
October 2030 | $124.81 | $128.09 | $133.73 |
November 2030 | $124.61 | $133.15 | $137.85 |
December 2030 | $125.21 | $129.35 | $135.71 |
Where And How To Buy KSM Tokens?
If you are planning to buy KSM tokens, you can buy them from the following exchanges.
- Kraken
- Binance
- Bitget
- Bybit
- BYDFi
- BTCC
- OKX
Here is the procedure for buying KSM tokens.
- Select a cryptocurrency exchange from the list given here.
- Create your account in that exchange after completing the KYC verification processes.
- Select a crypto wallet compatible with the exchange. Create your account in the wallet and connect it to your exchange account.
- Select the most profitable base currency that you can exchange with KSM tokens and fill your crypto wallet with them.
- You can now buy the KSM tokens directly on the exchange page by swapping the base currency.
- After the transactions are completed, make sure that you have received the cryptocurrencies on your account.
- Transfer the KSM tokens to a cold wallet or a hardware wallet so that they are safe from cyber-attacks or hacking attempts.
The Final Verdict: Should You Invest In KSM Tokens?
KSM tokens are not a good investment in the period under consideration as the market sentiments are highly bearish.18 technical analysis indicators are showing bearish sentiments while only 10 technical analysis indicators show bullish signs. Only 13/30 days are green for the tokens, which is again a sign of potential loss. Even though the 50-day SMA and the 200-day SMA are higher than the current price at $ 20.05 and $ 31.80, respectively, the 14-day RSI is neutral at 44.94.
The different technical analysis indicators are showing mixed signs regarding the future of KSM tokens. You are advised to make investment decisions only if you are convinced about the profitability of the tokens. You should consider the price volatility of KSM tokens before investing in them.