Kusama ($KSM) Crypto Forecast: Down 5.7% Today

What is Kusama?

Kusama (KSM) is a cryptocurrency token that operates on its own blockchain network, designed for interoperable and scalable applications.

Why is Kusama going down?

KSM crypto is down 5.7% on Jan 13, 2025 6:57

• KSM underwent a bearish movement which could be linked to profit-taking following a recent bullish trend.
• Attention and investment may have been redirected from KSM towards Shiba Inu and new tokens like TREAT.
• Shytoshi Kusama's vigorous support for other tokens might have influenced market sentiment away from KSM.
• The general market sentiment towards altcoins and the launch of new tokens potentially had a negative impact on KSM today.

KSM Price Chart

KSM Technical Analysis

KSM News

Shytoshi Kusama Outlines TREAT Token's Usefulness Ahead Of Launch, Optimistic Whales Buy Up Shiba Inu

Shytoshi Kusama Outlines TREAT Token's Usefulness Ahead Of Launch, Optimistic Whales Buy Up Shiba Inu

https://www.benzinga.com/markets/cryptocurrency/25/01/42936962/shytoshi-kusama-outlines-treat-tokens-usefulness-ahead-of-launch-optimistic-whales-buy-up-?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Don’t Fade on BONE, Shytoshi Kusama Explains Why

Don’t Fade on BONE, Shytoshi Kusama Explains Why

https://news.shib.io/2025/01/11/dont-fade-on-bone-shytoshi-kusama-explains-why/?utm_source=rss&utm_medium=rss&utm_campaign=dont-fade-on-bone-shytoshi-kusama-explains-why

Shytoshi Kusama Blasts FUDders and Defends Shiba Inu Progress

Shytoshi Kusama Blasts FUDders and Defends Shiba Inu Progress

https://news.shib.io/2025/01/11/shytoshi-kusama-blasts-fudders-and-defends-shiba-inu-progress/?utm_source=rss&utm_medium=rss&utm_campaign=shytoshi-kusama-blasts-fudders-and-defends-shiba-inu-progress

Shiba Inu Lead Shytoshi Kusama Defines Utility Of SHIB, BONE, LEASH, & TREAT

Shiba Inu Lead Shytoshi Kusama Defines Utility Of SHIB, BONE, LEASH, & TREAT

https://coingape.com/shiba-inu-lead-shytoshi-kusama-defines-utility-of-shib-bone-leash-treat/

The Role of TREAT in Unlocking Web3’s Potential

The Role of TREAT in Unlocking Web3’s Potential

https://news.shib.io/2025/01/08/the-role-of-treat-in-unlocking-web3s-potential/?utm_source=rss&utm_medium=rss&utm_campaign=the-role-of-treat-in-unlocking-web3s-potential

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Kusama Price History

31.11.2024 - KSM Crypto was down 6.1%

• The bearish movement in KSM could be attributed to profit-taking by investors after a period of bullish momentum.
• Despite the positive news within the Polkadot ecosystem, such as the thriving treasury and record transactions, KSM may have been affected by broader market sentiment or specific token-related factors.
• The unveiling of Shiba Inu's origins and tech developments by Kusama might have diverted attention and capital away from KSM temporarily, impacting its price negatively.
• The upcoming TREAT launch and the launch of the Shiba Inu virtual world could have generated excitement in the crypto space, causing some traders to shift focus away from KSM, contributing to its bearish movement.

13.00.2025 - KSM Crypto was down 5.7%

• KSM underwent a bearish movement which could be linked to profit-taking following a recent bullish trend.
• Attention and investment may have been redirected from KSM towards Shiba Inu and new tokens like TREAT.
• Shytoshi Kusama's vigorous support for other tokens might have influenced market sentiment away from KSM.
• The general market sentiment towards altcoins and the launch of new tokens potentially had a negative impact on KSM today.

03.00.2025 - KSM Crypto was up 5.3%

• The bullish movement in Kusama (KSM) today could be attributed to the unveiling of the truth behind its voting system, providing clarity and transparency to investors and users.
• The clarification made by a key figure regarding the role of Shiba Inu and its rivalry with Dogecoin might have instilled confidence in the community, leading to increased interest and investment in Kusama.
• The exploration of nation-state potential and the four-token system explanation could have sparked optimism about the long-term viability and utility of Kusama, attracting more participants to the ecosystem.
• The significant daily volume challenges to the meme coin label could have positioned Kusama as a serious player in the cryptocurrency space, drawing attention from both retail and institutional investors.

01.00.2025 - KSM Crypto was down 5.1%

• The bearish movement of KSM could be attributed to the focus and hype surrounding Shiba Inu (SHIB) due to the series of content about Shytoshi Kusama and the Shiba Inu project.
• Investors might have shifted their attention and funds towards SHIB, driven by the news of Shytoshi Kusama's explanations of the Shiba Inu ecosystem and the upcoming TREAT launch, causing a sell-off in KSM.
• The positive news about the Polkadot ecosystem thriving with a substantial treasury and record transactions might have diverted some interest away from KSM, impacting its price negatively.
• The market sentiment favoring SHIB and the developments within its ecosystem, as highlighted in the content, likely overshadowed KSM's performance today, leading to the bearish movement.

08.00.2025 - KSM Crypto was down 12.7%

• KSM experienced a bearish movement today, possibly due to profit-taking after a recent price surge.
• The launch date of the TREAT token by the Shiba Inu community may have diverted some attention and investment away from KSM.
• The positive developments for Shiba Inu, such as the significant surge in burn rate and price rise, could have attracted traders away from KSM, contributing to its bearish movement.
• Overall, the competition and excitement surrounding new tokens like TREAT and the impressive performance of Shiba Inu may have overshadowed KSM in today's market sentiment.

08.00.2025 - KSM Crypto was down 8.6%

• Kusama (KSM) experienced a bearish movement likely due to profit-taking after a recent price surge.
• The launch and burn rate surge of Shiba Inu's TREAT token may have diverted attention and investment away from Kusama.
• Coinbase receiving a virtual currency business license in New York could have boosted confidence in the overall cryptocurrency market but did not directly impact Kusama's performance.
• The market sentiment towards meme coins like Shiba Inu might have overshadowed Kusama's appeal today, leading to the bearish movement.

08.00.2025 - KSM Crypto was down 7.8%

• KSM experienced a bearish movement possibly due to the lack of direct news or updates related to its own ecosystem, leading investors to focus on other tokens like Shiba Inu.
• The attention on Shiba Inu's various tokens (SHIB, BONE, LEASH, TREAT) and their utility definitions by Shytoshi Kusama may have diverted interest away from KSM.
• The anticipation surrounding the launch date of the new TREAT token within the Shiba Inu community could have attracted traders away from KSM, impacting its market movement.
• Coinbase's acquisition of a virtual currency business license in New York may have also shifted focus towards more mainstream cryptocurrencies, contributing to KSM's bearish trend.

07.00.2025 - KSM Crypto was down 8.8%

• The bearish movement in Kusama (KSM) could be attributed to profit-taking by investors after a recent bullish run.
• The unveiling of the TREAT token launch date and the surge in burn rate and price rise of Shiba Inu (SHIB) may have diverted attention and funds away from Kusama.
• Shiba Inu's lead, Shytoshi Kusama, revealing the TREAT token launch plan might have created excitement and speculative trading in the Shiba Inu ecosystem, impacting other tokens like Kusama.
• The focus on self-sovereign identity and the visionary ideas about reshaping governance in the Shiba Inu community could have drawn interest and investment away from other cryptocurrencies like Kusama, contributing to its bearish movement today.

01.00.2025 - KSM Crypto was down 6.9%

• The bearish movement of Kusama (KSM) today could be attributed to the overwhelming volume and attention that Shiba Inu (SHIB) is receiving, potentially diverting investor interest away from KSM.
• Explanation of the four-token system of Shiba Inu might have caused confusion or uncertainty among investors, leading to a sell-off of KSM.
• Despite the thriving Polkadot ecosystem and record transactions, Kusama's unveiling of Shiba Inu's origins and tech chambers may have raised questions about KSM's unique value proposition.
• Shytoshi Kusama's upcoming 44-part podcast discussing tech and TREAT (presumably related to Shiba Inu) could have overshadowed Kusama's own developments, contributing to the bearish trend.

02.00.2025 - KSM Crypto was up 5.0%

• Kusama (KSM) saw a significant increase in value, possibly due to positive developments in the Polkadot ecosystem like a prospering treasury and a rise in transactions.
• Shytoshi Kusama's clear statements on Shiba Inu's function and the unique four-token system may have boosted interest in Kusama and its distinct characteristics, consequently fueling the uptrend.
• The discussion around the potential of nation-state applications and the revelation of Shiba Inu's origins by Kusama likely attracted investors, instilling confidence in the enduring potential of Kusama and driving the uptick in market activity.

07.00.2025 - KSM Crypto was down 9.3%

• Kusama (KSM) saw a decline in value today amidst significant updates regarding the Shiba Inu ecosystem.
• The announcement of the TREAT token launch date and an increase in burn rate for Shiba Inu may have shifted attention and investments away from Kusama.
• The disclosure of the TREAT token launch plan by Shiba Inu's leader might have generated excitement and speculative trading within the Shiba Inu community, leading to a diversion of focus from other cryptocurrencies like Kusama.
• Discussions on the significance of self-sovereign identity by a prominent figure in the Shiba Inu space could have reinforced confidence and interest in the Shiba Inu ecosystem, contributing to the unfavorable movement in Kusama as traders adjusted their portfolios.

02.00.2025 - KSM Crypto was up 5.8%

• KSM experienced a strong bullish movement today.
• Recent developments and discussions surrounding the Shiba Inu ecosystem and its ties to Kusama have been highlighted.
• The clarification by Shytoshi Kusama regarding the founder of Shiba Inu and the exploration of its potential beyond being labeled as a meme coin may have sparked positive sentiment in the market.
• The thriving Polkadot ecosystem with a significant treasury and record transactions could have contributed to the overall bullish trend in KSM.