Serum Price Tops $0.0295 on Exchanges (SRM)

Serum (SRM) traded 1.9% higher against the dollar during the 24 hour period ending at 13:00 PM ET on September 20th. One Serum coin can now be purchased for approximately $0.0295 or 0.00000047 BTC on cryptocurrency exchanges. During the last seven days, Serum has traded up 6% against the dollar. Serum has a market capitalization of $3.68 million and approximately $751,406.57 worth of Serum was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 0% against the dollar and now trades at $0.0392 or 0.00000062 BTC.
• P2P Solutions foundation (P2PS) traded up 2.8% against the dollar and now trades at $164.62 or 0.00261279 BTC.

About Serum

Serum was first traded 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 website for Serum is portal.projectserum.com. The official message board for Serum is projectserum.medium.com. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here.

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 currently possible to buy alternative cryptocurrencies such as Serum directly using U.S. dollars. Investors seeking to trade Serum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Serum using one of the aforementioned exchanges.

SRM/USD price chart by TradingView