Serum (SRM) Self Reported Market Capitalization Achieves $2.15 Million

Serum (SRM) traded down 0.7% against the dollar during the 1-day period ending at 7:00 AM Eastern on February 26th. Serum has a total market cap of $2.15 million and $173,940.80 worth of Serum was traded on exchanges in the last 24 hours. Over the last seven days, Serum has traded 16.9% lower against the dollar. One Serum coin can currently be bought for approximately $0.0172 or 0.00000019 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • Taiko (TAIKO) traded 0% lower against the dollar and now trades at $0.90 or 0.00001022 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 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 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.
  • SolvBTC (SOLVBTC) traded down 1% against the dollar and now trades at $88,216.50 or 0.99962715 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 0.7% lower against the dollar and now trades at $87,678.74 or 0.99353348 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Serum

Serum launched 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 message board for Serum is projectserum.medium.com. Serum’s official website 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.”

Serum Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Serum directly using US dollars. Investors seeking to trade Serum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Serum using one of the aforementioned exchanges.

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