Kusama is a part of Polkadot, functioning as the sandbox pre-production enviroment for the blockchain. It allows developers to test and experiment with new blockchains or applications before the final release. Thus, a project can gain traction and become stable before it officially launches, as transactions are still executed on the blockchain.
The platform mimics Polkadot’s design features, even parachains, which can be customized for any use and relay to the main chain for security.
The Kusama network uses Kusama Relay Chain, where users can stake the Kusama coin KSM to act as validators, who validate data in parachain blocks, and nominators, who secure the Relay Chain by selecting trusted validators.
The fastest, most convenient way to purchase Kusama is to purchase it on ICONOMI. We check Kusama live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Kusama by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Kusama is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Kusama, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Kusama in their structure.
Here you can read and comment on all posts made by Strategists about Kusama KSM. See all Kusama price predictions in real time and make the best use of their crypto knowledge.
New structure:
$BTC 21.48%
$SOL 11.4%
$INJ 11.3%
$RUNE 8.4%
$ETH 7.08%
$LINK 4.4%
$AVAX 4.36%
$SEI 3.76%
$ATOM 3.6%
$NEAR 2.87%
$ICP 2.6%
$STORJ 2.24%
$RLC 2.24%
$OSMO 1.78%
$FTM 1.71%
$KSM 1.66%
$RNDR 1.43%
$FET 1.33%
$ROSE 1.22%
$IMX 1.17%
$TIA 1.15%
$SUI 0.98%
$AGIX 0.93%
$GMX 0.91%
This is your weekly update.
It seems like it is full bull market guys!
$BTC is incredibly strong and we just hit a yearly new high of $BTC at 67.000 dollars and we are only a few hundred dollars away from a new ALL TIME HIGH at 68.800 dollars.
Big "regular" indexed got their ATH, why not also BTC.
What is next, could money from BTC flow into ALTS and kickoff another ALT season?
I surely think so, but not before some kind of correction.
Markets looks ready for that moment.
How does the 1D chart look like today?
Ichimoku;
Cloud is green
Price is above the green cloud
Price is above the red line. The red line has crossed the blue line, which means price is back in its upwards trend.
Lagging span (green line) is above the green cloud.
All of the above is very bullish
RSI;
Price is still at the overbought zone (above 70), and on the 4H chart there is still strong bearish divergence.
FSVZO;
On the lowest indicator of the chart it shows an R, usually meaning reversal or correction is coming.
What could be the Target?
A wise man once told me "Never short a bullish BTC". I personally believe BTC could easily tick the 70K price and then some more.
BTC could also easily flush first and then simply go further up.
In GRAZZP on the ICONOMI platform that is no problem at all, because we do not put any stop losses and stay long.
What does this mean for GRAZZP™ Strategy?
I will put our money on the strongest ALTS and wait for money to flow from BTC to ALTS. We keep $DOGE, and added $SOL, $ARB, $GMX, $KSM and a bit of $SHIB.
Lets see some money flowing into ALTS guys!
Thanks all! And enjoy the week!
$NEAR $DOT $KSM having absolute stormers. If osmosis gets moving again for another leg up then will be making some significant gains
Three chains with the most active development are kusama, cardana and dot - been the case for the last year $KSM $ADA $DOT
That sounds good, keep up the god work☺️🇳🇴🇳🇴🇳🇴