KSMUSDT trade ideas
KSM Fractal playoutHello Traders,
Recently I have noticed that the coins and tokens that have already ran are following the exact same run up that they had the first run except larger and longer in time. I am mainly posting this to see if KSM does the same and if it looks to be doing so I will be playing my cards as shown in the chart. I figure if this gem of a find does play out I may as well share it with the TV community. Best of luck to us all. If you are looking to get into my more specific calls, check the tag in this post.
Below as always, you will find information that I have grabbed to make your fundamental analysis on this coin easier as well as finding an ex change to purchase it on.
Have a GREEN WEEK as this one should be very much so!
Savvy
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Fundamental Analysis
KSM Price Live Data
The live Kusama price today is $364.48 USD with a 24-hour trading volume of $131,478,342 USD. We update our KSM to USD price in real-time. Kusama is up 5.94% in the last 24 hours. The current CoinMarketCap ranking is #57, with a live market cap of $3,087,174,208 USD. It has a circulating supply of 8,470,098 KSM coins and the max. supply is not available.
If you would like to know where to buy Kusama, the top cryptocurrency exchanges for trading in Kusama stock are currently Binance, Mandala Exchange, OKEx, CoinTiger, and Huobi Global. You can find others listed on our crypto exchanges page.
What Is Kusama (KSM)?
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.
Who Are the Founders of Kusama?
Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum.
Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.
In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help "nurture and steward technologies and applications in the fields of decentralised web software protocols." The Web3 foundation also supports Kusama with research and community development thanks to its growth team.
What Makes Kusama Unique?
Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development.
It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.
This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.
Like Polkadot, Kusama features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on Kusama.
The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.
Related Pages:
Read more about Polkadot (DOT) — which is like Kusama (KSM), but enterprise-focused.
Check out Ethereum (ETH) — one of Kusama’s major competitors.
Brush up on your crypto basics with CoinMarketCap Alexandria.
Visit the CoinMarketCap blog for the latest news, tips, tricks and market insights.
How Many Kusama (KSM) Coins Are There in Circulation?
As of November 2020, Kusama has a circulating supply of 8.47 million tokens, and a total supply of 10 million tokens. Unlike some other blockchains, this maximum supply is not fixed. Instead, it increases at an inflation rate of 10% per year.
The proportion of KSM that are staked changes how the newly minted KSM tokens (from inflation) are distributed. If exactly half of all KSM are staked, then Kusama validators receive 100% of newly minted tokens, whereas if it is above or below 50%, then some of the inflation rewards will go to the Kusama Treasury.
Kusama initially launched as an airdrop to those that participated in Polkadot (DOT) token sale. These were distributed at a 1:1 rate, while those without DOT were able to obtain KSM by using a frictional faucet — this has since been decommissioned. Unlike Polkadot, Kusama has not undergone redenomination to increase its circulating supply.
How Is the Kusama Network Secured?
Kusama is built using a nominated proof-of-stake (NPoS) consensus mechanism.
This uses a network of nominators (KSM stakers) who elect nodes to participate in the transaction validation process. These nominators receive a fraction of the inflation reward if their nominator is selected on the next rotation. Validators that act dishonestly or don't meet performance requirements can have their stake slashed.
Additionally, Kusama uses a simple queuing mechanism based on Merkle trees to resolve cross-chain transactions. Relay chain validators are responsible for moving transactions from the output queue of one parachain to the input queue of the target parachain — this is a secure, trustless process that uses the same validators on each chain to pass the messages.
Where Can You Buy Kusama (KSM)?
Kusama (KSM) is currently available to trade on dozens of popular exchange platforms, including Binance, OKEx and Huobi Global. The most liquid trade pairs for KSM are currently KSM/USDT, KSM/BTC and KSM/ETH.
a bullish signal in bearish market ! (KSM-kusama)hi traders whats up
as you know the market has been bloody in past days but there are a few cryptocurrencies which are able to be pumped
one of along them is kusama(KSM) based on these facts:
1. the very important support zone (300$) wasn't broken and KSM is located at bottom of it
2. our trend line was broken successfully(very successfully) by a big a.. candle representing good sign to buy after the pullback to trend line or right now
3. kusama was developed on polkadot blockchain itself so a positive fundamental reason added
you can buy now our wait unless the pullback to trend line happen and MTR pattern form
KSM market cap : near to 3B$
KSM volume : 14% increase in past 24H
KSMUSDTyou can try to win back the rebound from the channel + level.In general, it looks like a hold with an attempt to buy off, the RSI does not collapse, an attempt to hold 200 is moving.
However, there is a very radical scenario of decline - yellow. It has the right to exist and it must be taken into account. The goal is to reduce the minimum to orange, where a payback is also possible.
KSM 1168% potential! Yeet!Hello traders,
I put some targets together and a potential fractal that would be amazing if it played out on this coin that seems pretty legit!
Enjoy, and have a green week!
Fundamentals below!
Savvy
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Fundamental Analysis
KSM Price Live Data
The live Kusama price today is $330.26 USD with a 24-hour trading volume of $154,103,042 USD. We update our KSM to USD price in real-time. Kusama is down 0.87% in the last 24 hours. The current CoinMarketCap ranking is #62, with a live market cap of $2,797,308,796 USD. It has a circulating supply of 8,470,098 KSM coins and the max. supply is not available.
If you would like to know where to buy Kusama, the top cryptocurrency exchanges for trading in Kusama stock are currently Binance, Mandala Exchange, OKEx, CoinTiger, and Huobi Global. You can find others listed on our crypto exchanges page.
What Is Kusama (KSM)?
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.
Who Are the Founders of Kusama?
Kusama was built by the same team that created Polkadot, a company known as Parity Technologies. Its founder is Dr. Gavin Wood, a world-renowned computer scientist and programmer, who also co-founded Ethereum.
Parity Technologies has an extensive team comprised of some of the world's most successful blockchain engineers, and has over 100 employees in total spread throughout the world.
In addition, Kusama is funded by grants from the Web3 Foundation, which was launched to help "nurture and steward technologies and applications in the fields of decentralised web software protocols." The Web3 foundation also supports Kusama with research and community development thanks to its growth team.
What Makes Kusama Unique?
Kusama is unusual among blockchain platforms since it is predominantly built for developers that want to launch bold, ambitious projects, with a fast-evolving pace of development.
It is built on a multichain, heterogeneously-sharded design that uses a nominated proof-of-stake (NPoS) consensus system — an alternative consensus mechanism to the energy intensive proof-of-work (POW) scheme employed by several other blockchains.
This system enables it to perform rapid on-chain upgrades without a fork, and support cross-chain message passing (XCMP) to enable communication with other parachains on the Kusama network.
Like Polkadot, Kusama features on-chain governance capabilities. This on-chain governance is both decentralized and permission-less, allowing anybody with Kusama (KSM) tokens or parachain tokens to vote on their respective governance proposals, which might include putative upgrades, changes to the protocol, and feature requests. This on-chain governance procedure is roughly four times faster than that offered by Polkadot, with a combined voting and enactment period of just 15 days — leading to the rapid pace of development for projects built on Kusama.
The project serves projects that want to hit the ground running, launching updates and improvements without the need to implement a fork to do so — thereby ensuring maximum community cohesion.
KSM Getting readyKSM still doesn't look very bullish, but I think now is a great time to buy.
It just needs to break the green line upwards to start a good uptrend.
KSMUSDTOne of the good currencies of market that breaks out the triangle and has a high growth potential.
good luck ;)
KSM (kusama) bullish set-upKSMUSDT is looking bullish as it established a strong support above 392 and ready to march towards 480.
KSM is currently undergoing ABC correction. Presently, we are riding the B impulsive wave and found a stable support above one of the strong previous swing lows at 392 level. As long as we stay above this price , it makes sense to target 480. Nonetheless, if we see a throwback to anything lower than 392 with a couple of 4hr candles below, it means that the C corrective wave of the ABC correction is playing out, in which case the trade gets invalidated and gives us a fantastic chance of entering KSM at a discounted price.
If we remain strong and have a daily close above the ATH , we can expect new ATH's going forward.
KUSAMA if still in bullrunKUSAMA looks fairly good at .786 fib currently and since the parachain auction, only had one leg up, might moon soon.
KSM/USDT analysis on 4H Time FrameKSM/USDT is on trend line which show neutral behavior either break trend line then opening a short position is a good option for profit and if not break the trend line we have a good long opportunity for profit..
Always do your own research before going to trade this is not a financial advice
KSM/USDT potential 60% upsideKSM moving in an upward channel. exhibiting a good supper line at the bottom and has followed fib levels.
If the market momentum continues as in the current scenario, KSM likely to exhibit a 60% upside
KSMWeekly structure break and retest (check comments for weekely chart), solid higher low trend and rejections from the trend line. Price testing and rejection 21-25EMAs.
Along with the technical perspective, KSM is also riding on the momentum of the DOT ecosystem currently. Very bullish chart all things aside.
Trade Targets = Fib Levels, however this seems to be a great entry/add area long term.
Bearish MACD divergenceFirst time posting,
I see a bearish MACD divergence along with a bearish hidden divergence for the RSI.
KSMUSDT UPDATEWhile BTC dumps as we projected in our earlier analysis, now is the time to be looking at which alts next to capitalise from during this DIP.
KSM broke out above the corrective downtrend and is now making a retest, there is a large area of liquidity from buyers below the trendline i would like to see this removed then we will consider looking for a entry to long,
KSMUSDT Perfect breakout & Retesting KSMusdt is looking great and has taken a perfect retest to buy zone $450 and you are in the game. Keep your eye on that level and fill your bag for the moon ride.
$KSMKSM retraced from breakout, good to test buy imo.
3 target prices. Sell 1/3 value on each. I see this going way more up -- re: KSM parachain auction success
KSM to $742Based on my TA, KSM is in its second cycle and currently we are in wave 3.
So, I'd look to enter around: $475.5 - $483
SL: $424
tp1:$539.8
tp2:$614.6
tp3:$742.9
KSM analysis Time to ta ke a short position
Ksm took a big shoot so it need a little correction
Targets are according to fib retracement
Risk -- High
KSMUSDTToday ksm make break of structer in h4 time frame. Now wait for mitigate price to order block zone the find a entry point and get a buy trade with proper money managment. Good luck
