Kusama is an experimental blockchain platform created to provide a scalable and interoperable framework for all developers.
In addition, Kusama runs its operations on Substrate, another blockchain platform built by Parity Technology. Moreover, Kusama uses a codebase similar to Polkadot, one of the most popular and successful blockchains. This guide predicts Kusama’s price for 2021 and beyond.
Current Kusama Market Status
According to the most recent statistics, KSM trades at $211.66 with a trading volume of $94,235,122. While its prices keep changing after 24 hours, KSM has been on an upward trend in recent weeks. The current KSM circulating supply is 8,534, 345.02 KSM. The top exchange platforms you can buy KSM are FTX, CoinTiger, OKEx, Huobi Global, and Binance.
KSM Price Analysis 2021
From the stats on CoinGecko, KSM is ranked #50. However, with its latest development, upgrades, and new strategies, the KSM blockchain will reach high levels. Its RSI (Relative Strength Index) is above 45.0, meaning KSM is neither oversold nor overbought.
Therefore, investors can trade freely on this platform without worrying about drastic price changes. It is slow and steady transition gives traders a chance to adjust accordingly without being caught unaware. This makes KMS a more stable blockchain to invest in.
KSM Price Prediction for 2022
If KSM maintains its upward trend, it will hit the $625 mark by the end of 2022. Due to its positive changes, the blockchain platform is expected to grow rapidly in the first half of 2022.
The rise could slow down in the second half of 2022, but no major falls are predicted. With the expected developments and partnerships KSM is planning, its price will shoot up significantly over the next year.
KSM Price Prediction 2023
If Kusama maintains its support level around 200-MA, buyers will have the stability and easier to implement an attack to the next level. This will make KSM even stronger and start competing against the top blockchains.
During this time, KSM is expected to have upgraded its current blockchain technology to a more advanced one. More will also join the platform thanks to its unique future. These massive developments will drive the price of KSM upwards. There, if you trade on this platform, expect significant changes at this time!
Kusama Price Prediction 2024
According to the latest developments, upgrades, and price predictions, KSM will hit unimaginable levels in 2024. KSM traders and shareholders should expect many integrations and partnerships in 2024. These partnerships will increase the price of KSM and strengthen its crypto market. Its price could spike beyond the $800 mark, making it among the strongest in the cryptocurrency sector.
2024 could also be the year KSM makes its way into new territories. Its blockchain technology could be used in more industries other than the supply chain. These changes will increase the price of KSM, making it even more valuable.
2024 is another year KSM traders will experience massive and positive changes on the platform! The upward trend is expected to continue in the subsequent years.