Kava (KAVA) Tops 24-Hour Trading Volume of $15.60 Million

Kava (KAVA) traded up 6.5% against the dollar during the 1 day period ending at 18:00 PM E.T. on July 26th. Kava has a market capitalization of $453.09 million and $15.60 million worth of Kava was traded on exchanges in the last 24 hours. During the last week, Kava has traded 1.7% lower against the dollar. One Kava token can currently be purchased for about $0.42 or 0.00000616 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded up 3.8% against the dollar and now trades at $28.58 or 0.00042058 BTC.
• NEAR Protocol (NEAR) traded up 5.1% against the dollar and now trades at $5.70 or 0.00008391 BTC.
• Internet Computer (ICP) traded down 1.9% against the dollar and now trades at $9.69 or 0.00014267 BTC.
• Hedera (HBAR) traded up 3.9% against the dollar and now trades at $0.0683 or 0.00000100 BTC.
• Cronos (CRO) traded 2.7% higher against the dollar and now trades at $0.0916 or 0.00000135 BTC.
• Cosmos (ATOM) traded up 4.6% against the dollar and now trades at $6.17 or 0.00009079 BTC.
• Fetch.ai (FET) traded 6.3% higher against the dollar and now trades at $1.28 or 0.00001887 BTC.
• Algorand (ALGO) traded 3.5% higher against the dollar and now trades at $0.14 or 0.00000210 BTC.
• Akash Network (AKT) traded up 5.4% against the dollar and now trades at $3.27 or 0.00004816 BTC.
• Theta Fuel (TFUEL) traded 4.1% higher against the dollar and now trades at $0.0688 or 0.00000101 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,855,128 tokens. Kava’s official website is www.kava.io. 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 Twitter account is @kava_chain and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView