Kusama Price Prediction 2022-2026-Will the Price of KSM Hit $211 by the end of 2022?
Kusama was founded in 2019 by Gavin Wood, founder of Polkadot and co-founder and former CTO of Ethereum.
What is Kusama (KSM)?
Kusama is a scalable network of specialized blockchains built using Substrate and nearly the same codebase as Polkadot. The network is an experimental development environment for teams who want to move fast and innovate on Kusama or prepare for deployment on Polkadot.
Kusama benefits from a low barrier to entry for deploying parachains, and low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation. KSM is built using a nominated proof-of-stake (NPoS) consensus mechanism.
KSM is owned and governed by a community of network participants who vote on and control the evolution of the network. Have a voice and make your mark in the evolution of the network.
Now, we shall look at the Kusama (KSM) price analysis for the coming years.
Flashback: Fundamental Analysis of Kusama (KSM)
According to Investorsoberver, Kusama (KSM) has a bullish sentiment score. This shows that many investors believe that the price of KSM will surge in the nearer future. Hence, long-term investors could hope to gain a lot from the token since positive sentiments are one of the major factors that can affect the price of a cryptocurrency.
Also, KSM is been traded with top pairs like Bitcoin and Ethereum, and Tether due to the trust that exchanges like Binance, Gate.io, Kucoin, Kraken, Bithumb, Huobi Global and others have in it. Since its blockchain is highly scalable and transactions are conducted at very low fees. We can expect a price increase as more exchanges list it and also increase the trading options.
We shall now consider what charts are showing about the price analysis of Kusama.
https://www.tradingview.com/x/k1rPm1Rz/
The 200 simple moving average is below the 100 moving average in the chart above. However, we can expect a bullish run that can last for some days soon, though the long-term price of KSM is bearish.
https://www.tradingview.com/x/6FQ3uNBv/
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for KSM/USDT, we can see that its BOP value is 0.47. Since it is above 0, it means that the bulls are having their way.
Now, we shall look at the price prediction of KSM for the coming years.
Price Prediction of Kusama in 2022
The price of Kusama is expected to gain at least 15% by the end of June 2022 from its present price. This means that it will be trading at around $176 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that KSM would trade at least $211 by the end of December 2022.
Price Prediction of Kusama in 2023
The price of Kusama is expected to gain at least 20% by the end of June 2023 according to technical analysis charts. This means that it will be trading at around $253 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that KSM would trade at least $278 by the end of December 2023.
Price Prediction of Kusama in 2024
The price of Kusama is expected to gain at least 5% by the end of June 2024. This means that it will be trading at around $291 by the end of the first half. Its price is expected to rise by at least 5% in the second quarter. This means that KSM would trade at least $305.5 by the end of December 2024.
Price Prediction of Kusama in 2025
The price of Kusama is expected to gain at least 20% by the end of June 2025. This means that it will be trading at around $366 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that KSM would trade at least $392.6 by the end of December 2025.
Price Prediction of Kusama in 2026
The price of KSM is expected to gain at least 20% by the end of June 2026. This means that it will be trading at around $461.5 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that KSM would trade at least $507.4 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Kusama price.
Market Sentiments on Kusama Price Prediction
Wallet Investor
According to Wallet Investor, the coin’s average price could reach $641.56 by the end of 2027, making it rise by over 400% from its current price.
PricePrediction
According to Price Prediction's Kusama (KSM) prediction, the average price could reach $204.14 in 2022 and by over 2440% by 2031 to trade at $5754.93
DigitalCoin
According to Digital Coin’s Kusama crypto price prediction, the average price in 2027 could be $257, surging by over 140% from its current price.
Our Kusama (KSM) Price Prediction
The price of Kusama (KSM) will trade at least $211 by the end of 2022 and then increase by over 165% in four years' time to trade at $507.4 by the end of 2026.
Conclusion
Kusama long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.