Kusama is one such network that offers multiple solutions to its customers, bringing various Blockchains on one unified network. Towering as a pioneering project executed on a Peer-to-Peer network, Kusama has immense benefits to offer viz. shared security of relay chains and parachains, including impeccable governance. The enhanced infrastructure allows abundant functionalities of staking and operability as validated by developers. Kusama’s native token is KSM which intends three main purposes- governance over the network, staking, and bonding compared to other tokens. Before we start with unbiased Kusama price prediction, check complete coin overview.
|Price Change 24h||-3.02%|
|Price Change 7d||-12.97%|
|Market cap||$ 1,696,349,185|
|Circulating Supply||8,980,098 KSM|
|Trading Volume||$ 64,699,638|
|All time high||$623.75|
|All time low||$0.9143|
Kusama: The Constitution
The entire software on the Kusama project is open source. Capitalizing on the plus points of Bitcoin and Ethereum, Kusama ensures crystal-clear transparency and complete transaction confidentiality, making it a scalable network. Even though transactions are recorded in the general blockchain, neither the sender nor the recipient and the amount transferred are indicators for other users on the network. Putting the power ultimately in the hands of users, Kusama has regular upgrade schedules, which means this protocol by developers like Gavin Wood is adaptable to meet the various use cases of today and the unforeseen use cases of tomorrow.
Also, the corporate mission of Kusama is not to lead solely on the growth path. The corporate has planned big for the future, embarking on various partnerships and collaborations. Being listed on eminent cryptocurrency exchanges like Coinbase and Binance and their data, the KSM token of Kusama offers a safe and dependable platform to its traders for investing and also enabling lesser fees and a plethora of digital and synthetic assets to pick and choose from. These upgrades and successful tie-ups have accelerated the momentum for the price of Kusama coin, creating the ecosphere of smart contracts far and wide. The upgrade has raised the price of the KSM token, the native token of the Kusama network, on exchange substantially.
Kusama (KSM) Technical Analysis
The successful ICO of Kusama floated in 2019 October was met with roaring success, and it raised more than $140 million-selling over 10,000,000 KSM supply. While during the launch, the price of Kusama was trading around at $1.5, the traders’ purchase trend brought it to a level of $62 by the end of 2020.
To make the most accurate Kusama price predictions, one of the most important steps is to analyze KSM’s past performance. Shortly after KSM made its appearance on the Exchange, its first big surge came. Around April & May, its price rose from $2 to $7 — a considerable jump that reflected a huge amount of early investors’ interest in the cryptocurrency market analysis. Between October and December 2020, its price leaped up from $27 to $62.
Surprisingly since the beginning of this year, the price of the Kusama coin has exhibited a drastic change fluctuating between $70 to $623. Hence the price of Kusama gained investor confidence, and the coin saw a great surge in momentum. In the last month, Kusama registered its new all-time high of $623. However, after hitting an ATH, the KSM token faced a significant price drop to $262. A lot of transactions transpired, and money changed hands, according to data.
Kusama Forecasts: Market Sentiment
Kusama price is currently moving around $374, and the coin has a market capitalization of $3,197,127,314 with a 24-hour trading volume of $393,046,577. The circulating supply of 8,470,098 KSM.
Based on our Kusama (KSM) price forecast, a long-term increase is expected; the price prognosis for 2026 is 4581.970 USD. With a 5-year investment, the revenue is expected to be around +1128.84% from the current price level. Wallet Investor
The Kusama price is forecasted to reach $397.167 by the beginning of December 2021. The expected maximum price is $505.891, minimum price $344.006. Our Kusama forecast service predicts $404.713 by the end of the month. By January 2022 end, it should easily swing around $560 to $575, making it a good investment. Trading Beasts Price Forecast
The coin price seems to be showing moderate signs. It may disappoint its investors, sailing barely at $564, and that too with difficulty to enable traders to sell Kusama (KSM) tokens. Digital Coin Price News
The price of Kusama might grow exponentially in the upcoming years. Kusama has been showing a positive sign. According to our prediction services, the future price of the KSM/USD is forecasted at $1318.727848 (207.414%) after a year. GOV Capital
The future holds bright for Kusama. It may not be an overstatement to say it would exceed a price of $830 per KSM for trade on the exchange chart. According to our calculation, a tenfold annual increase each year is an excellent investment asset compared to bitcoin and other coins. Reddit Community
A lot of Kusama projects are moving from the concept phase to the testing phase, and by the end of the year, a good number of projects would have been completed, hence, an all-around bullish forecast of $515.00 making it a profitable investment. Cryptocurrency Price Prediction
Through current trends, investor sentiment, and the overall direction of the cryptocurrency market, we think Kusama (KSM) has a good chance of visiting the $800 to $1,200 mark in 2021 as long as the trend continues and the Team continues to work on their products and partnerships. Pick A Crypto
Kusama (KSM) Price Prediction: 2021-2025
Like many other cryptocurrencies, KSM/USD is also vulnerable to market movements and high volatility. However, despite being highly volatile, KSM has shown consistent growth over the long term as per the price point of view and Kusama technical analysis.
Kusama Price Prediction 2021
The year 2020 might have seen the Kusama (KSM) price hovering around the $60 mark. It is not less than great news; what began with $1 ended with the $60 mark. Hence, it has boosted the sentiment phenomenon drastically. The crypto projections and predictions since then have started hovering towards optimism rather than pessimism. The KSM price prediction for this whole year remains quite encouraging, stating that KSM price might trade around the $550 mark.
Kusama Price Prediction 2022
Keeping up in tandem with the same bullish price trend, there are predictions that the KSM price is poised for an upswing even in the year next, i.e., 2022. Keeping in perspective the series of sequential peaks and troughs, the Kusama price only indicates a positive trend among the receding Pandemic scenario touching the $640 mark.
Kusama Price Prediction 2023
Going by studying shorter and longer price trends and forecast data, KSM price has been digressing from its path normally every couple of years. So going forward, it is highly likely that the end of 2022 or the year 2023 may not be so great for KSM price for escalating, especially with rivals catching up with heat or markets playing hide and seek. There is a predicted eventuality of KSM price incurring a loss but only meager, dropping to $600 again. However, this stays as a pessimistic scenario, and some experts do not agree with this syndrome.
Kusama Price Prediction 2024
Stating that a jaw-dropping possibility does not exist and that bulls will ride the crypto market, it is once again expected based on the forecast that KSM price will rule the crypto kingdom with a performance of highest price pegged at $720, which shows KSM price has full potential to not only sustain but consistently grow even in adverse conditions as admitted by the network of social media channels.
Kusama Price Prediction 2025
This year might mark as the benchmark year as KSM price is predicted to surpass $1000 by all means. This year, no crucial factors like pandemic or recession are expected to shake the roots of world economies, and it is expected that most of the damage done would be on the road to repair work in the future for all world economies. KSM is estimated to reach around $950-$1000 by 2025, based on our forecasts with mass adoption.
Frequently Asked Questions
Can I Make Money with KSM?
Indeed yes. According to our forecasts, Kusama is definitely a profitable investment for the future. Since Kusama is just a few years old, its lowest price performance too has not been disappointing. The movement in KSM price can be tracked diligently for an uptrend. Investors are advised to do their own calculations and research from google or experts’ reports following the market forecast for KSM tokens in the real environment.
Why is the Kusama Token Price Rising?
The credit for that goes to the faith investors have reposed in the asset as it shows a long-term earning potential compared to other coins based on blockchain like Bitcoin etc. At the same time, it is a great reason that Kusama is listed on the exchange, being an indicator of a great performance in terms of future forecasts. No wonder the token shows a constant all-time high scenario consequently for traders to benefit from this token.
Where can I Buy Kusama (KSM)?
As a naïve entrant, all esteemed exchanges happen to demonstrate this KSM token on their product palette. You also tend to benefit from trade KSM directly for fiat currencies like USD, EUR, GBP, etc., or other cryptocurrencies on many exchanges. Investors can also benefit from the block rewards program on Kusama.
How Do I Make My Kusama Wallet?
Your passkeys to reach the cryptocurrency wallet stay saved on your smartphone. Furthermore, you can quickly KSM all of your Kusama coins and also stake them, which is a great functionality of this token.
How does Kusama Vary from Polkadot Cryptocurrency?
While Kusama is wild and fast, Polkadot is more towards the conventional and conservative side with slower upgrading processes. While Polkadot is designed for the stable execution of risk-averse, high-value applications, Kusama is a new technological algorithm that bases itself on early niche development.