Kava (KAVA) Reaches Self Reported Market Capitalization of $374.68 Million

Kava (KAVA) traded down 0% against the US dollar during the 24 hour period ending at 11:00 AM ET on October 24th. In the last seven days, Kava has traded 2.1% lower against the US dollar. Kava has a market cap of $374.68 million and $14.68 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for about $0.35 or 0.00000510 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 1% against the dollar and now trades at $26.82 or 0.00039551 BTC.
• NEAR Protocol (NEAR) traded 1.7% higher against the dollar and now trades at $4.64 or 0.00006850 BTC.
• Internet Computer (ICP) traded 0.8% higher against the dollar and now trades at $8.30 or 0.00012240 BTC.
• Cronos (CRO) traded down 0.2% against the dollar and now trades at $0.0757 or 0.00000112 BTC.
• Hedera (HBAR) traded up 0.8% against the dollar and now trades at $0.0515 or 0.00000076 BTC.
• Cosmos (ATOM) traded up 1.5% against the dollar and now trades at $4.69 or 0.00006912 BTC.
• Fetch.ai (FET) traded 3.2% higher against the dollar and now trades at $1.35 or 0.00001997 BTC.
• Algorand (ALGO) traded 1.3% higher against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded down 0.4% against the dollar and now trades at $2.43 or 0.00003602 BTC.
• Theta Fuel (TFUEL) traded up 0.5% against the dollar and now trades at $0.0590 or 0.00000087 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,675 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 message board is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible 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 US dollars. Investors seeking to trade Kava should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView