Kusama (KSM) currently has a price of $30.084 and is up 7.52% over the last 24 hours. The cryptocurrency is ranked 184 with a market cap of $270.2M. Over the last 24 hours, it saw $26.5M of trading volume. The token has a circulating supply of 9M tokens out of a total supply of 10M tokens.
Kusama is a cryptocurrency that functions as a scalable platform for developers to test and deploy new features before they are implemented on Polkadot. It utilizes a consensus algorithm called Nominated Proof-of-Stake to ensure security and efficiency. Kusama supports substrate, which allows developers to build customized blockchains, and hosts regular Parachain Slot Auctions to enhance interoperability.
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