Market Cap: $2.6654T -0.710%
Volume(24h): $42.519B -57.530%
Fear & Greed Index:

27 - Fear

  • Market Cap: $2.6654T -0.710%
  • Volume(24h): $42.519B -57.530%
  • Fear & Greed Index:
  • Market Cap: $2.6654T -0.710%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top Cryptospedia

Select Language

Select Language

Select Currency

Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos

What are the highest and lowest prices in KSM coin history?

From a high of $617.46 in April 2021 to a low of $0.0353 in December 2019, Kusama's price has fluctuated significantly, driven by factors such as market conditions, adoption rates, and platform developments.

Nov 24, 2024 at 01:38 pm

The Peaks and Troughs of Kusama's (KSM) Price Journey: An In-Depth Analysis

Kusama (KSM), a highly versatile blockchain platform, has witnessed a remarkable price trajectory since its inception, marked by both impressive heights and significant lows. This comprehensive analysis delves into the chronicle of KSM's price history, uncovering the factors that have shaped its value fluctuations and providing insights into its potential future performance.

Highest Price in KSM Coin History

1. April 18, 2021: $617.46

Kusama hit its all-time high of $617.46 on April 18, 2021, buoyed by a surge in investor sentiment and optimism surrounding the broader cryptocurrency market. This milestone was driven by several catalysts:

  • Rising Cryptocurrency Adoption: The mainstream adoption of cryptocurrencies, including Bitcoin and Ethereum, created a ripple effect that positively impacted the entire crypto market, including Kusama.
  • Increased DeFi Activity: The burgeoning decentralized finance (DeFi) ecosystem on Kusama attracted users seeking alternatives to centralized financial services, boosting demand for KSM.
  • Community Enthusiasm: Kusama's vibrant community played a significant role in its price surge, promoting its potential and contributing to its positive reputation.

Lowest Price in KSM Coin History

1. December 14, 2019: $0.0353

In stark contrast to its peak, KSM experienced its lowest point on December 14, 2019, dropping to a mere $0.0353. This severe decline can be attributed to:

  • Bear Market Conditions: The broader cryptocurrency market entered a prolonged bear market, leading to a general downturn in asset prices, including KSM.
  • Lack of Awareness: At its inception, Kusama had limited exposure and awareness compared to established cryptocurrencies, resulting in lower demand.
  • Competition: The emergence of other competing blockchain platforms created competition for KSM, influencing its price negatively.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

How to trade EOS on OKEx? Beginner's guide

How to trade EOS on OKEx? Beginner's guide

Apr 04,2025 at 09:36am

Trading EOS on OKEx can be an exciting venture for beginners eager to dive into the world of cryptocurrency. To get started, you'll need to understand the basics of trading, familiarize yourself with OKEx's platform, and learn how to manage your investments effectively. This beginner's guide will walk you through the steps to trade EOS on OKEx, from set...

How to buy and sell Stellar on Kraken Pro? Full operation guide

How to buy and sell Stellar on Kraken Pro? Full operation guide

Apr 05,2025 at 09:00pm

Buying and selling Stellar (XLM) on Kraken Pro is a straightforward process, but it requires a clear understanding of the platform and its features. Kraken Pro, formerly known as Kraken Futures, is a professional trading platform designed for experienced traders who are looking for advanced trading tools and features. In this guide, we will walk you thr...

How to buy and sell Monero on Binance.US? Step-by-step tutorial

How to buy and sell Monero on Binance.US? Step-by-step tutorial

Apr 04,2025 at 03:49am

Binance.US is a popular cryptocurrency exchange that allows users to trade various digital assets, including Monero (XMR). Monero is a privacy-focused cryptocurrency that uses advanced cryptography to ensure transaction anonymity. If you're interested in buying or selling Monero on Binance.US, this step-by-step tutorial will guide you through the proces...

How to buy and sell Bitcoin on Coinbase Pro? Detailed step-by-step analysis

How to buy and sell Bitcoin on Coinbase Pro? Detailed step-by-step analysis

Apr 05,2025 at 10:56am

Coinbase Pro, previously known as GDAX, is a professional trading platform that offers advanced trading features for buying and selling cryptocurrencies like Bitcoin. To effectively use Coinbase Pro, it's essential to understand the platform's interface, trading options, and the detailed steps required for transactions. This article will provide a compr...

How to trade Cardano on Crypto.com? Full tutorial

How to trade Cardano on Crypto.com? Full tutorial

Apr 03,2025 at 04:49am

Trading Cardano (ADA) on Crypto.com is a straightforward process that can be accomplished by following a few key steps. Cardano, one of the leading cryptocurrencies, is popular among investors for its potential and technological advancements. Crypto.com, a well-known platform in the crypto world, offers a user-friendly interface to buy, sell, and trade ...

How to buy and sell Polkadot on Bitstamp? Detailed operation steps

How to buy and sell Polkadot on Bitstamp? Detailed operation steps

Apr 05,2025 at 10:07pm

Buying and selling Polkadot (DOT) on Bitstamp is a straightforward process that can be completed in a few steps. Bitstamp, one of the world's oldest cryptocurrency exchanges, offers a user-friendly platform for trading various cryptocurrencies, including DOT. To get started, you'll need to create an account on Bitstamp, deposit funds, and then navigate ...

How to trade EOS on OKEx? Beginner's guide

How to trade EOS on OKEx? Beginner's guide

Apr 04,2025 at 09:36am

Trading EOS on OKEx can be an exciting venture for beginners eager to dive into the world of cryptocurrency. To get started, you'll need to understand the basics of trading, familiarize yourself with OKEx's platform, and learn how to manage your investments effectively. This beginner's guide will walk you through the steps to trade EOS on OKEx, from set...

How to buy and sell Stellar on Kraken Pro? Full operation guide

How to buy and sell Stellar on Kraken Pro? Full operation guide

Apr 05,2025 at 09:00pm

Buying and selling Stellar (XLM) on Kraken Pro is a straightforward process, but it requires a clear understanding of the platform and its features. Kraken Pro, formerly known as Kraken Futures, is a professional trading platform designed for experienced traders who are looking for advanced trading tools and features. In this guide, we will walk you thr...

How to buy and sell Monero on Binance.US? Step-by-step tutorial

How to buy and sell Monero on Binance.US? Step-by-step tutorial

Apr 04,2025 at 03:49am

Binance.US is a popular cryptocurrency exchange that allows users to trade various digital assets, including Monero (XMR). Monero is a privacy-focused cryptocurrency that uses advanced cryptography to ensure transaction anonymity. If you're interested in buying or selling Monero on Binance.US, this step-by-step tutorial will guide you through the proces...

How to buy and sell Bitcoin on Coinbase Pro? Detailed step-by-step analysis

How to buy and sell Bitcoin on Coinbase Pro? Detailed step-by-step analysis

Apr 05,2025 at 10:56am

Coinbase Pro, previously known as GDAX, is a professional trading platform that offers advanced trading features for buying and selling cryptocurrencies like Bitcoin. To effectively use Coinbase Pro, it's essential to understand the platform's interface, trading options, and the detailed steps required for transactions. This article will provide a compr...

How to trade Cardano on Crypto.com? Full tutorial

How to trade Cardano on Crypto.com? Full tutorial

Apr 03,2025 at 04:49am

Trading Cardano (ADA) on Crypto.com is a straightforward process that can be accomplished by following a few key steps. Cardano, one of the leading cryptocurrencies, is popular among investors for its potential and technological advancements. Crypto.com, a well-known platform in the crypto world, offers a user-friendly interface to buy, sell, and trade ...

How to buy and sell Polkadot on Bitstamp? Detailed operation steps

How to buy and sell Polkadot on Bitstamp? Detailed operation steps

Apr 05,2025 at 10:07pm

Buying and selling Polkadot (DOT) on Bitstamp is a straightforward process that can be completed in a few steps. Bitstamp, one of the world's oldest cryptocurrency exchanges, offers a user-friendly platform for trading various cryptocurrencies, including DOT. To get started, you'll need to create an account on Bitstamp, deposit funds, and then navigate ...

See all articles

User not found or password invalid

Your input is correct