Serum (SRM) Price Reaches $0.0299 on Top Exchanges

by · The Markets Daily

Serum (SRM) traded 0.6% higher against the dollar during the 1 day period ending at 8:00 AM Eastern on October 18th. One Serum coin can currently be bought for about $0.0299 or 0.00000044 BTC on cryptocurrency exchanges. In the last week, Serum has traded 0.7% lower against the dollar. Serum has a total market cap of $3.74 million and approximately $532,406.74 worth of Serum was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
  • P2P Solutions foundation (P2PS) traded 0.6% higher against the dollar and now trades at $169.91 or 0.00250975 BTC.

Serum Coin Profile

Serum’s launch date was July 23rd, 2020. Serum’s total supply is 1,092,844,982 coins and its circulating supply is 125,000,000 coins. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. The official message board for Serum is projectserum.medium.com. Serum’s official website is portal.projectserum.com.

According to CryptoCompare, “Serum (SRM) is a cryptocurrency on Solana and Ethereum blockchains, known for its interoperability in DeFi. It can be converted into MegaSerum (MSRM) with 1 million SRM tokens. SRM is deflationary, with trading fees used to buy and burn tokens. It’s part of Project Serum, a DeFi ecosystem on Solana, featuring the Serum DEX for cross-chain swaps. SRM contributes to governance, staking for validator nodes, and reducing trading fees. SRM is used for staking, operating validator nodes on Serum DEX, and receiving reduced trading fees. It also plays a role in the DEX’s governance.”

Buying and Selling Serum

It is usually not possible to buy alternative cryptocurrencies such as Serum directly using U.S. dollars. Investors seeking to acquire Serum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Serum using one of the aforementioned exchanges.

SRM/USD price chart by TradingView