Topic: ksmusd

kusama KSM auction

Kusama rallies 45% amid parachain slot auction; is it the right time to buy KSM?

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Kusama (KSM), aka “Canary Network,” the testnet blockchain network within the Polkadot ecosystem, rallied explosively since Sunday, logging a 45 percent gain. The KSM/USD exchange rate reached 238 before correcting down to 219 in the European session Tuesday. The price surged amid the second parachain auction, launched on the Kusama network.

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Polkadot (DOT) and Kusama(KSM) slump after the auction-led rally—what's next?

Polkadot (DOT) and Kusama(KSM) slump after the auction-led rally—what’s next?

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Both Polkadot (DOT) and its pre-production environment Kusama (KSM) tokens shifted bias and went bearish after a bullish rally around the launch of parachain auctions on June 8.

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DOT Rises Over 50% WTD On $30 Million Polkadot Fund Launch

DOT Rises Over 50% WTD On $30 Million Polkadot Fund Launch

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Venture capital firm Master Ventures launched a $30 million fund for crypto-based projects seeking a parachain slot on Polkadot on Wednesday.

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