Kava 24 Hour Trading Volume Hits $16.99 Million (KAVA)

Kava (KAVA) traded up 1.5% against the US dollar during the one day period ending at 16:00 PM ET on May 25th. Kava has a market cap of $737.39 million and $16.99 million worth of Kava was traded on exchanges in the last day. During the last seven days, Kava has traded 0.7% higher against the US dollar. One Kava token can now be bought for $0.68 or 0.00000985 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $37.91 or 0.00054859 BTC.
• NEAR Protocol (NEAR) traded up 1.8% against the dollar and now trades at $8.10 or 0.00011724 BTC.
• Internet Computer (ICP) traded 0.3% lower against the dollar and now trades at $12.25 or 0.00017727 BTC.
• Hedera (HBAR) traded down 0.2% against the dollar and now trades at $0.11 or 0.00000156 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $8.45 or 0.00012236 BTC.
• Cronos (CRO) traded down 0.8% against the dollar and now trades at $0.12 or 0.00000174 BTC.
• Fetch.ai (FET) traded 0.4% lower against the dollar and now trades at $2.29 or 0.00003315 BTC.
• Algorand (ALGO) traded 4.5% higher against the dollar and now trades at $0.19 or 0.00000282 BTC.
• Akash Network (AKT) traded down 1.1% against the dollar and now trades at $5.28 or 0.00007628 BTC.
• Theta Fuel (TFUEL) traded 0.7% higher against the dollar and now trades at $0.11 or 0.00000154 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,856,249 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official message board for Kava is medium.com/kava-labs. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. Kava’s official website is www.kava.io.

According to CryptoCompare, “Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain. Its aim is to provide a range of DeFi services to users, including yield farming, borrowing and lending, and governance, all while ensuring security, transparency, and decentralization. Kava uses the Tendermint consensus algorithm and has a feature called “Hard Protocol” that enables users to borrow and lend cryptocurrencies.”

Kava Token Trading

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

KAVA/USD price chart by TradingView