Kava Self Reported Market Capitalization Achieves $387.58 Million (KAVA)

Kava (KAVA) traded down 4.4% against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on October 17th. In the last week, Kava has traded up 13% against the U.S. dollar. Kava has a market cap of $387.58 million and approximately $12.61 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be bought for $0.36 or 0.00000531 BTC on major exchanges.

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

• Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $27.50 or 0.00040783 BTC.
• NEAR Protocol (NEAR) traded down 3.9% against the dollar and now trades at $4.74 or 0.00007032 BTC.
• Internet Computer (ICP) traded down 3.2% against the dollar and now trades at $7.67 or 0.00011369 BTC.
• Cronos (CRO) traded up 0.5% against the dollar and now trades at $0.0786 or 0.00000117 BTC.
• Hedera (HBAR) traded down 5% against the dollar and now trades at $0.0511 or 0.00000076 BTC.
• Cosmos (ATOM) traded down 2.6% against the dollar and now trades at $4.31 or 0.00006394 BTC.
• Fetch.ai (FET) traded 4.3% lower against the dollar and now trades at $1.38 or 0.00002041 BTC.
• Algorand (ALGO) traded down 2.7% against the dollar and now trades at $0.12 or 0.00000177 BTC.
• Akash Network (AKT) traded down 4.8% against the dollar and now trades at $2.49 or 0.00003701 BTC.
• Theta Fuel (TFUEL) traded down 1.9% against the dollar and now trades at $0.0601 or 0.00000089 BTC.

About Kava

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,682 tokens. Kava’s official message board 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. 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.”

Buying and Selling Kava

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini 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