Kusama [KSM] explodes 119% in one day – How DOT helped

AMB Crypto 10 months ago 283

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Posted: November 24, 2024

KSM just experienced a major breakout after previously favoring the bears for most of 2024.
A look at the factors at play that have contributed to its explosive comeback.

Kusama [KSM] native cryptocurrency just pulled off a last minute rally that propelled it into the list of top gainers this past week. Here’s a look at how things played out, paving the way for KSM’s recent upside.

KSM had previously struggled to secure a strong bullish footing, while some cryptocurrencies were reaching new highs.

2024 has for the most part been a bearish year, although it did kick off the year with some bullish activity. This saw it rally as high as $61.11 in mid-March, followed by a bearish take-over.

The cryptocurrency fell as low as $13.85 in August and has been struggling to exit...

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