Polkadot (DOT) and
Kusama (KSM) are two related multi-chain coins, used primarily in the same network, creating a unique relationship between the two. As
Moonriver (MOVR) surges,
USDT ends support for KSM, causing a variable impact on the market. There are speculations about KSM's potential to regain the $600 price mark, while others wonder if it will dip below $20.
Staking Kusama can reap rewards, with some of the highest annual percentage yields (APY) forecasted in the crypto sector by 2024. Also, developments like Kusama's successful auction and an upcoming Parachain auction can impact the market. However, the withdrawal of staking support from DeFi platform
Lido for Polkadot and Kusama can potentially weaken the market's view of the coin. Despite challenges, KSM could still outperform DOT, suggests some news publications. The coin's potential can be seen in Cardano, which surpassed both Polkadot and Kusama on a specific metric. A surge in
JAM, Polkadot’s biggest-ever upgrade, affects the future of KSM, while negatives like lack of demand causing
Tether to cease support for various currencies, including KSM, apply downward pressure on the KSM price. In the context of Kusama's utility to developers, the network serves as a testbed for Polkadot developers, enhancing both networks' overall robustness.
KSM Coin News Analytics from Sat, 09 Sep 2017 09:45:16 GMT to Tue, 03 Sep 2024 07:00:00 GMT -
Rating -2
- Innovation 6
- Information 8
- Rumor 3
