Kusama (KSM) traded 0.8% higher against the dollar during the 24-hour period ending at 7:00 AM E.T. on May 21st. One Kusama coin can currently be purchased for $18.46 or 0.00017354 BTC on major exchanges. In the last week, Kusama has traded down 14.1% against the dollar. Kusama has a market capitalization of $305.01 million and approximately $13.91 million worth of Kusama was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

Kusama’s launch date was July 16th, 2019. Kusama’s total supply is 16,526,120 coins. Kusama’s official message board is guide.kusama.network/docs/community. The Reddit community for Kusama is https://reddit.com/r/kusama and the currency’s Github account can be viewed here. Kusama’s official Twitter account is @kusamanetwork and its Facebook page is accessible here. Kusama’s official website is kusama.network.

According to CryptoCompare, “Self-described as “Polkadot's wild cousin,” Kusama is an experimental blockchain platform that is designed to provide a massively interoperable and scalable framework for developers. Kusama is built on Substrate — a blockchain building kit developed by Parity Technologies. Kusama has almost the same codebase as Polkadot — one of the most successful interoperable blockchains.By deploying on Kusama, fast-paced projects gain access to a highly scalable, interoperable sharded network, with features that are not yet available on Polkadot. To that end, Kusama describes itself as a “canary network.” The platform is designed to provide a testbed for developers looking to innovate and deploy their own blockchain and can be used as a preparatory network before launching on Polkadot — though many projects opt to stick with Kusama for their final product. Kusama benefits from a low barrier to entry for deploying parachains, low bond requirements for validators, and is most commonly used by early-stage startups and for experimentation.”

It is usually not currently possible to buy alternative cryptocurrencies such as Kusama directly using U.S. dollars. Investors seeking to trade Kusama should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kusama using one of the exchanges listed above.

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