Is this the next big crypto idea ?


Serum (SRM) was introduced by Sam Bankman-Fried (MIT) who had a remarkable experience as an ETF trader in popular Wall Street trading firms

Serum is not an ERC-20 token (not built on the Ethereum platform) but it is an SPL token on Solana and it has hosted two Initial Exchange Offerings (IEOs) at 11/8/2020 that took place in two major Cryptos Exchanges.
It’s current price is $7.88 with a market cap that approaches $400M and a circulating supply of 50M SRM coins.
SRM has a remarkable performance during the last days (about a week ago the price was below $4) and as it seems it has the necessary momentum to move even higher, maybe to the price area of $10.

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