SRM Coin, also known as Serum, is a cryptocurrency that was created on the Solana blockchain. It is the native token of the Serum decentralized exchange (DEX) platform, which aims to provide fast and low-cost trading of digital assets.

Since its launch in August 2020, Serum has experienced significant price action. In its early days, the price of SRM Coin was relatively low, hovering around $0.20 to $0.30. However, as the platform gained popularity and adoption, the price of Serum started to increase.

In September 2020, the price of SRM Coin surged to over $1, reaching an all-time high of around $3.50 in early October. This price spike was fueled by the growing interest in decentralized finance (DeFi) and the increasing trading volume on the Serum DEX.

After reaching its peak, the price of SRM Coin experienced a correction, dropping back to around $1.50 by the end of October. However, the price of Serum continued to fluctuate in the following months, reaching new highs and lows as the cryptocurrency market as a whole experienced volatility.

As of September 2021, the price of SRM Coin is around $8.50, with a market cap of over $1 billion. Despite the ups and downs in its price action, Serum remains one of the leading decentralized exchange platforms in the cryptocurrency space, offering fast and secure trading of digital assets.

Overall, the historical price action of SRM Coin reflects the growing interest in decentralized finance and the potential for decentralized exchanges to revolutionize the way we trade digital assets. As the cryptocurrency market continues to evolve, Serum and other decentralized exchanges are likely to play a significant role in shaping the future of finance.