The live Kusama price today is $272 with a 24-hour trading volume of $114.4 million. It is up 9.71% in the last 24 hours. If you want to know what Kusama is, if it’s worth investing in, and the top places to buy Kusama now, you’ve come to the right place.
Top places to buy Kusama now
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.
What is Kusama?
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.
Should I buy Kusama today?
Kusama has been performing very well lately, but analysts differ in predictions as to the extent of the bull run. Never invest more in Kusama than you can afford to lose.
Kusama price prediction
Trading Beasts predict the Kusama price will reach $397 a year from now. Digital Coin Price News is bearish on the coin price, predicting it will disappoint investors.
Wallet Investor forecasts a long-term increase is expected; their price prognosis for 2026 is $4,582, more than ten times what it’s worth now.
Kusama on social media
— Crypto Pump (@CryptGK) January 12, 2022