Serum Self Reported Market Cap Hits $5.97 Million (SRM)

Serum (SRM) traded up 5.4% against the dollar during the one day period ending at 22:00 PM E.T. on February 4th. During the last seven days, Serum has traded 11% lower against the dollar. One Serum coin can now be purchased for $0.0478 or 0.00000113 BTC on major exchanges. Serum has a total market capitalization of $5.97 million and approximately $815,648.27 worth of Serum was traded on exchanges in the last 24 hours.

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

  • KILT Protocol (KILT) traded down 0.3% against the dollar and now trades at $0.35 or 0.00000818 BTC.
  • 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 0% against the dollar and now trades at $0.0122 or 0.00000029 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 1.6% against the dollar and now trades at $0.0088 or 0.00000021 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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. Serum’s official Twitter account is @projectserum and its Facebook page is accessible here. The official website for Serum is portal.projectserum.com. Serum’s official message board is projectserum.medium.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.”

Serum Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Serum directly using U.S. dollars. Investors seeking to acquire Serum should first purchase 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 purchase Serum using one of the aforementioned exchanges.

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