Kava Reaches 24 Hour Volume of $10.72 Million (KAVA)

Kava (KAVA) traded 5.4% lower against the dollar during the 24-hour period ending at 19:00 PM E.T. on August 4th. Kava has a market cap of $341.58 million and $10.72 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be purchased for $0.32 or 0.00000536 BTC on popular cryptocurrency exchanges. Over the last seven days, Kava has traded down 23.4% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 4.2% lower against the dollar and now trades at $21.65 or 0.00036773 BTC.
• NEAR Protocol (NEAR) traded 3.7% lower against the dollar and now trades at $4.21 or 0.00007148 BTC.
• Internet Computer (ICP) traded down 4% against the dollar and now trades at $7.49 or 0.00012729 BTC.
• Cronos (CRO) traded down 4.1% against the dollar and now trades at $0.0785 or 0.00000133 BTC.
• Hedera (HBAR) traded 2.5% lower against the dollar and now trades at $0.0561 or 0.00000095 BTC.
• Cosmos (ATOM) traded up 0.2% against the dollar and now trades at $5.13 or 0.00008721 BTC.
• Fetch.ai (FET) traded down 5.6% against the dollar and now trades at $0.95 or 0.00001607 BTC.
• Algorand (ALGO) traded down 3.7% against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Akash Network (AKT) traded 10.1% lower against the dollar and now trades at $2.21 or 0.00003770 BTC.
• Theta Fuel (TFUEL) traded down 7.8% against the dollar and now trades at $0.0533 or 0.00000090 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,976 tokens. 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. The official website for Kava is www.kava.io. Kava’s official message board is medium.com/kava-labs.

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.”

Buying and Selling Kava

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

KAVA/USD price chart by TradingView