Kusama is the proving ground for Polkadot. This unaudited and unrefined release of Polkadot allows developers to try out Polkadot’s features and characteristics in a real environment.
Teams can try out Polkadot’s governance, staking, nomination, and validation functionality or build and deploy a parachain.
Polkadot (DOT) holders were able to claim an equal amount of Kusama.
Polkadot is an open source sharded protocol to enable blockchains to operate together.
The current price of Kusama is $13.64 per coin. The market cap is ranked #89 at $115,571,465.
Some more market statistics are shown below.
Now that we know a little bit about the current market, let’s take a look at some Kusama Price Predictions for 2020 & 2021.
Gov Capital predicts that the price of a KSM token will be $23.436 (up 59.323%) after a year. This means that if you invested $100 now, your current investment may be worth $159.323 on 2021 August 11, Wednesday.
They predict KSM to be $10.47 at the end of August. GovCapital also predicts KSM will reach $11.05 mid-September and $11.63 late-September.
KSM will hit $13.09 the first week of November before reaching $13.67 mid-November. GovCapital predicts KSM will reach $14.25 before the start of December.
The third week of December will see a price of $15.127 before dropping to $14.715 on 12/28/20 It will rebound and reach $15.709 the first week of January 2021.
Kusama will steadily climb throughout 2021, until August.
March 2021 will start at $18.04 and reach $19.20 before the end of the month.
Mid-April will see the Kusama price break $20. May will close at $21.82.
The first week of July 2021 will see a price of $23.28, reaching $24.15 before the month is over.
Kusama will reach $24.44 in the first week of August. At this point, it will start a downward trend for the rest of the year.
GovCapital forecasts that KSM will drop to $23.20 on 8/9/2021. It.will continue dropping, reaching around $15.42 at the end of 2021.
Digitalcoin Price has a different take than GovCapital.
The September 2020 KSM price average will be $24.28. KSM will have a slight increase in October, with an average price of $26.28. In November, Kusama will fall to $21.97 and in December it will be $21.77.
The 2021 projection is shown in the chart below.
Trading Beasts gives a modest prediction for 2020.
At the end of September 2020, the KSM price will be $11.448. October and November will have a similar closing price, $11.653 and $11.875, respectively.
The year 2020 will close at $12.098.
Trading Beasts predicts the price trajectory will be upward during 2021, as illustrated in the table below.
Wallet Investor predicts Kusama will be $14.46 at the start of September 2020. It will climb to $17.673 around mid-November. They expect Kusama to be $18.90 at the end of 2020.
Kusama will break $20 the last week of January 2021 and continue climbing throughout the year. It will reach $25 in the first week of May.
Wallet Investor expects KSM to reach $30 near the end of August 2021. The beginning of October will break $32.
KSM will hit $35 the first week of December. The end of 2021 will see a Kusama price of around $36.
Wallet Investor is bullish long term, predicting it will hit $99.808 in 2025. With a maximum price of $109.892 in 2025.
CoinArbitgrageBot says KSM could be $10.7435 at the end of 2020. They also predict a Kusama token will be worth $13.1339 at the end of 2021.
They predict that KSM could hit over $55.63 in 2023.
The cryptocurrency market is nearly impossible to predict. Price predictions should not be used to guide investment.
This is a highly volatile asset and it can have wild price swings in either direction.
During 2020 and 2021, it’s even possible for Kusama to crash to $1.75. It could also have a massive pump and reach $246.74. Nothing is certain.
Do not use price predictions to guide investment.
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