Kusama: Factors why KSM is struggling to find ample trading volume

ambcrypto.com

The Kusama network's native cryptocurrency, KSM has been trading within a falling wedge pattern since the second half of 2021. However, it pushed out of that pattern at the end of last week, but the results have been underwhelming.

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Timeline of Kusama


KSM Technical Analysis: Increased Selling Pressure Ready To Crack $60 - Cryptoknowmics

KSM price shows a bullish failure to surpass the resistance trendline resulting in a higher price rejection and warns of a $60 fallout. Key technical points: The KSM market value decreased by 4.96% today at press time.


Analyzing Kusama's [KSM] potential breakout in the near future - AMBCrypto

KSM has suffered heavy downside in the last few months, especially this year as markets crashed. However, it might be due for a major price change considering its price action for the last few months.


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KusamaKSM$38.480000

Kusama (KSM) soars 8% after a bullish token unlock - Invezz

As the markets continue to trade sideways, investors seem to be taking advantage of the recent Kusama (KSM) token unlock to purchase more tokens. KSM is a native token for the Kusama network. At the time of writing, KSM was trading at $77.20, up 8.33% after dropping from a daily high of $84.69. Massive token The post Kusama (KSM) soars 8% after a bullish token unlock appeared first on Invezz.


Will Kusama [KSM] defy further selloff amid crypto market contagion - AMBCrypto

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Subsocial is an open platform that allows anyone to launch their own decentralized social networks and marketplaces. The post Subsocial, a Kusama-based platform reimagining social networks for the Web3 era appeared first on CryptoSlate.


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The Moonriver team has announced the Big Unlock event, where it will unlock 1.1 million Kusama (KSM) that was locked in the first batch of parachain crowd loans. The post Moonriver to unlock 1.1M KSM in May as leasing period comes to an end appeared first on CryptoSlate.


Tether plans to reduce commercial debt holdings in its reserve, goes live on Kusama - CryptoSlate

The leading stablecoin issuer, Tether, is looking to further reduce its commercial debt holdings, according to Tether and Bitfinex CTO Paolo Ardonio.  “Over time, we will keep reducing the commercial paper, we aren't finished yet with the reduction.


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Tether launched USDT on Kusama and said the move will enable developers to compose the trustless applications across chains and networks so let's read further in our Tether news today. The biggest stablecoin by market cap Tether launched USDT on the Kusama network.


DOT price forecast after USDT launches on Kusama - Invezz

Polkadot DOT/USD is a blockchain that features a core network known as the relay chain, where other blockchains can connect and communicate with one another. This relay chain handles security and transactions and enables cross-chain interoperability to function seamlessly. Kusama is the pre-production environment specifically created for Polkadot, where developers can experiment and test new The post DOT price forecast after USDT launches on Kusama appeared first on Invezz.