Serum (SRM) Price Hits $0.0349 on Major Exchanges

Serum (SRM) traded up 0.7% against the US dollar during the one day period ending at 7:00 AM Eastern on November 26th. One Serum coin can currently be purchased for $0.0349 or 0.00000038 BTC on major exchanges. Serum has a total market capitalization of $4.36 million and approximately $1.07 million worth of Serum was traded on exchanges in the last day. In the last week, Serum has traded 12.6% higher against the US dollar.

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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 5.8% against the dollar and now trades at $92,354.21 or 0.99941187 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 5.8% against the dollar and now trades at $92,178.85 or 0.99751420 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.

Serum 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. Serum’s official message board is projectserum.medium.com. The official website for Serum 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 US dollars. Investors seeking to trade Serum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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