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Serum Token (SRM): Everything you Wanted to Know before Investing!

Serum token (SRM) is one of the most popular cryptocurrencies in the crypto market (having more than 15,000 cryptocurrencies) currently. In terms of market cap, it is currently the 140th largest digital currency (over US$550.06 million in market capitalizations). Should you invest in it? Is it a good investment? To answer all your queries, let me walk you through the SRM token, how it works, and many more.

What is the Serum Token (SRM)? How does it Work?

The Serum is a decentralized exchange (DEX) and ecosystem that has been built on Solana ecosystem. It provides decentralized finance (DeFi) with unprecedented speed and low transaction costs. 

This is the only high-performance decentralized exchange that has been designed completely around a fully on-chain central limit order book as well as a matching engine. Partners of the ecosystem can compose with onchain orderbook of Serum for:

  • Sharing liquidity
  • Powering trading features for institutional/retail users

The main aim of the Serum platform is to resolve:

  • The traditional problems of DeFi (decentralized finance) such as high gas cost and slow transaction
  • Centralization issues
  • Low capital efficiency
  • Liquidity segmentation

SRM is the utility and governance token of Serum. It helps users in receiving discounts on:

  • Protocol fees and voting rights
  • 100% of exchange fees flow back to SRM via buy-and-burn
  • Staking rewards
  • Ecosystem grants

A consortium of partners including the Solana Foundation, Alameda Research, and FTX are the founders of Serum open source project. The Serum Foundation supports the development of the project currently. 

Serum Token (SRM): Facts & Figures

All these facts and figures (as of December 27, 2021) will help you to make a decision on investing in the SRM token. Before making Serum token transactions, check out these facts and figures associated with this cryptocurrency of choice:

  • Serum SRM Price: US$4.14 (SRM Current Price)
  • 24hour Trading Volume (24h Volume): US$81,745,693
  • All-Time High (ATH) Price: US$13.72 (reached on Sep 11, 2021)
  • All Time Low (ATL) Price: US$0.11 (reached on Aug 11, 2020)
  • 24h Low: US$3.99
  • 7d Low: US$3.21
  • 30d Low: US$3.21
  • 90d Low: US$3.21
  • 52 Week Low: US$0.99
  • YTD (Year-To-Date) Return: 264.53% YTD (Year-To-Date)
  • Market Cap: US$550,060,221 (US$ 550.06 million)
  • Crypto Rank (in terms of market cap): 140th in the crypto market
  • Fully Diluted Market Cap: US$41,950,665,711
  • Max Supply: 10,161,000,000
  • Total Supply: 1,092,844,982
  • Circulating Supply: 133,231,781.00 SRM (1%)

If you check the Serum price chart and price history, you’ll find that since its launch, the price of SRM has in fact increased by +3642.46%. Since its all-time low, it has bounced back by +3645.56%. From its ATH, the current SRM price is still -69.97% down. So, before buying SRM tokens, you should check the fundamental and technical factors.

Always check out SRM markets, the ways to earn Serum tokens, market data, key metrics, comparison tools, and technical price analysis, top cryptocurrency price, and cryptocurrency news before you buy Serum SRM coin. Also, consult crypto financial advisors and get tips from them on trending coins, know the ways of buying cryptocurrencies, and how to earn crypto easily. 

Serum SRM Token Price Prediction

  • According to Wallet Investor, the average price of SRM is going to reach around:
  • US$8.411 by 2022
  • US$25.915 by 2026

  • According to DigitalCoinPrice, the average price of SRM is going to reach:
  • US$6.67 by 2022
  • US$7.37 by 2023
  • US$8.98 by 2024
  • US$7.82 by 2025
  • US$10.85 by 2026
  • US$14.58 by 2027
  • US$17.5 by 2028

  • According to Trading Beasts, the maximum price of SRM is going to reach:
  • US$5.4926305 by 2022

  • According to GOV Capital, the average price of SRM is going to reach:
  • US$24.103 by 2022
  • US$53.242 by 2023
  • US$91.635 by 2024
  • US$139.124 by 2025
  • US$196.946 by 2026

Where can you Buy SRM tokens?

You can buy SRM tokens in almost all reputed cryptocurrency exchanges including:

  • Binance
  • OKEx
  • HBTC
  • BitZ
  • Xtheta Global
  • FTX, and many more

You can use credit cards, debit cards, or money transfers from a bank account to fund your cryptocurrency trading or investing account in a leading cryptocurrency exchange. 

The most popular price pairs of SRM are:

  • SRM/BTC, and many more.

Before investing, check out SRM history and its historical data, crypto news, SRM token price charts, price performance, market updates, SRM to USD (United States Dollar) exchange rate, the value of SRM token, the Bitcoin price trend (as SRM is one of the hard forks of the original Bitcoin token), trading fees, and others.

What are the Best Crypto Wallets to Store SRM tokens?

The best SRM token cryptocurrency wallets to store SRM coins are:

  1. Ledger Wallet
  2. Trust Wallet
  3. MetaMask Wallet
  4. HyperPay Wallet

Invest in SRM token and Other Cryptocurrencies

You can buy and sell SRM and other virtual currencies against various fiat currencies (US Dollar USD, British Pound Sterling, Canadian Dollar CAD, South Korean WON, Singapore Dollar, Taiwan Dollar, Russian Ruble, Chinese Yuan, Hong Kong Dollar, etc.) through a wide array of crypto exchanges (centralized or decentralized exchanges), crypto APIs or mobile app, and SRM token markets. Use Dollar Cost Averaging DCA strategy to invest in cryptos to minimize the risks associated with high volatility. 

If you want to increase your investment explosively in the coming 5-to-10 years, buy crypto coins now. Keep an eye on the market news, price statistics, block times, blockchain news, and others to time your trading of Defi protocols and tokens for maximum profit. 

You can also diversify your crypto coin portfolio by including other digital assets such as SRM, XMR, FIL, ETC, WBTC, BCH, BTC ETH, AAVE, Ripple XRP, Bitcoin Ether ETH, Bitcoin Cash BCH, Basic Attention Token, Ethereum Classic, Shiba Inu SHIB, Binance Coin, Dogecoin price, Wrapped Bitcoin (some also call it wrap bitcoin or wBTC), USD Coin, Gemini Dollar, ERC20 tokens (created on Ethereum blockchain), nonfungible tokens NFTs, and others. 

Also check whether you can exchange Serum token with the fiat currencies of other countries such as South Africa, Saudi Arabia, the Republic of the Congo, United Arab Emirates, United Kingdom, South Korea, and other countries.

Invest in cryptocurrencies, various types of stocks, mutual funds, index funds, real estate, and others to improve your personal finance. If possible, get help from a portfolio manager or wealth management firm for maximum return. You can also increase your income through yield farming, using Telegram bots and other automated trading bots, and many more.

Invest in NapBots: A Dynamic Cryptocurrency Index

Whether you are a professional or retail investor, you can expose your capital to a diversified portfolio of digital assets & crypto asset classes by simply investing in NapBots. It is a smart crypto index service that introduces multifarious features and passive portfolio management strategies for enabling cryptocurrency investors to streamline their trading experience in new ways. 

NapBots provides you with various indices that include a basket of tokens with high market capitalization and is categorized by theme (such as Solana, NFT, DeFi, and others). This platform introduces an intuitive interface as well as advanced allocation tools for enabling new investors to create and manage advanced crypto indices easily.

The best part of NapBots is that it tracks and executes trades automatically on the basis of your pre-set choices of indexes. The platform is very affordable as it enables you to start trading as low as US$150 with a monthly service fee of just 2.5%, which is far below the current rate of other cryptocurrency index providers. Therefore, NapBots reduces the financial barriers and at the same time eliminates the need for human intervention and the consequent human error. 

Get started with crypto-asset investing by investing through, a dynamic crypto index for expanding diversified exposure to bitcoin and leading Crypto-assets at reduced financial barriers and no human error.