Kusama Profile


USD 29.73  0.16  0.54%   

Market Performance
0 of 100
Odds Of Distress
Less than 48
Kusama is trading at 29.73 as of the 9th of December 2022, a -0.54 percent decrease since the beginning of the trading day. Kusama has 48 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Cryptocurrency ratings for Kusama are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of December 2021 and ending today, the 9th of December 2022. Click here to learn more.
Kusama is peer-to-peer digital currency powered by the Blockchain technology. More on Kusama

Moving together with Kusama

Kusama is an online market maker for peer-to-peer digital cash-like asset called Cryptocurrency. Kusama has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Kusama are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Kusama are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.

Kusama Crypto Coin Highlights

Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Kusama's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Kusama or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
Kusama generated a negative expected return over the last 90 days
Kusama has high historical volatility and very poor performance
Kusama is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 20 exchanges in multiple currencies. 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.
Coin TypeKusama
IndustryFinancial and Insurance Activities
Collateralized AssetNo
Market Performance RatingE+
Is Tradingtrue
Asset Launch Date2019-08-23
Full NameKusama (KSM)
Asset Website Urlhttps://kusama.network/
Platform Typeblockchain
Coin NameKusama
Total Coins Mined9.65 Million
Kusama (KSM) is traded on CRYPTO Exchanges. Kusama is peer-to-peer digital currency powered by the Blockchain technology.

Kusama's Exchanges and Markets

ZBG Coinbase Kraken Poloniex BitMart Binance Korbit DigiFinex CoinBene Bitkub Bithumb LBank Liquid HitBTC Bitfinex ZB Kucoin Coinone Bibox CoinEx

Kusama Target Price Odds Analysis

What are Kusama's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Kusama jumping above the current price in 90 days from now is about 78.31%. The Kusama probability density function shows the probability of Kusama crypto coin to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Kusama has a beta of -0.6291. This indicates as returns on benchmark increase, returns on holding Kusama are expected to decrease at a much lower rate. During the bear market, however, Kusama is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Kusama is significantly underperforming NYSE Composite.
  Odds Below 29.73HorizonTargetOdds Above 29.73
21.62%90 days
Based on a normal probability distribution, the odds of Kusama to move above the current price in 90 days from now is about 78.31 (This Kusama probability density function shows the probability of Kusama Crypto Coin to fall within a particular range of prices over 90 days) .

Kusama Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Kusama market risk premium is the additional return an investor will receive from holding Kusama long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Kusama. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Kusama's alpha and beta are two of the key measurements used to evaluate Kusama's performance over the market, the standard measures of volatility play an important role as well.

Kusama Technical Analysis

When it comes to investing in cryptocurrency, such as Kusama, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Kusama, which is currently traded at 29.73, shows everything you need to know about Kusama market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Kusama, to determine its price movements. However, the Kusama's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Kusama's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Kusama's future price trend
The output start index for this execution was zero with a total number of output elements of sixty-one. Kusama Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Kusama price patterns.

Kusama Against Markets

Picking the right benchmark for Kusama crypto coin is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kusama crypto coin price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kusama is critical whether you are bullish or bearish towards Kusama at a given time.

Be your own crypto manager

Our tools can tell you how much better you can do entering a position in Kusama without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.

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How to invest in Kusama

You need to understand the risk of getting into digital currencies such as KSM before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Kusama in four ways:

Buy KSM through an exchange

Get yourself a crypto wallet before embarking on your Kusama journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Kusama. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.

Purchase fractions of Kusama through an exchange

You don't have to buy a full token when starting out since KSM is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.

Trade Kusama through a broker

If you don't want to store your Kusama Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.

Invest in KSM through an exchange-traded fund (ETF)

You can also invest in KSM through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.

Investing Ideas

In addition to having Kusama in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Please see Correlation Analysis. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Other Tools for Kusama Crypto Coin

When running Kusama price analysis, check to measure Kusama's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy Kusama is operating at the current time. Most of Kusama's value examination focuses on studying past and present price actions to predict the probability of Kusama's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move Kusama's coin price. Additionally, you may evaluate how adding Kusama to your portfolios can decrease your overall portfolio volatility.
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