Serum (SRM) Price Down 13.1% This Week

Serum (SRM) traded down 6.8% against the US dollar during the 1-day period ending at 14:00 PM ET on April 30th. Over the last seven days, Serum has traded down 13.1% against the US dollar. One Serum coin can currently be bought for $0.0409 or 0.00000068 BTC on major exchanges. Serum has a total market capitalization of $5.11 million and $1.27 million worth of Serum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 4.1% against the dollar and now trades at $0.28 or 0.00000472 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• BitcoinBR (BTCBR) traded 441.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.7% against the dollar and now trades at $0.0096 or 0.00000016 BTC.

About Serum

Serum launched on July 23rd, 2020. Serum’s total supply is 1,092,844,982 coins and its circulating supply is 125,000,000 coins. The official message board for Serum is projectserum.medium.com. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. 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 presently possible to purchase alternative cryptocurrencies such as Serum directly using U.S. dollars. Investors seeking to trade Serum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Serum using one of the aforementioned exchanges.

SRM/USD price chart by TradingView