Kava Hits 1-Day Trading Volume of $8.29 Million (KAVA)

Kava (KAVA) traded 6.5% lower against the US dollar during the 24-hour period ending at 10:00 AM Eastern on November 3rd. Kava has a total market cap of $318.09 million and approximately $8.29 million worth of Kava was traded on exchanges in the last 24 hours. Over the last seven days, Kava has traded 10.5% lower against the US dollar. One Kava token can currently be bought for $0.29 or 0.00000434 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 5.9% against the dollar and now trades at $22.68 or 0.00033497 BTC.
• NEAR Protocol (NEAR) traded down 7% against the dollar and now trades at $3.58 or 0.00005288 BTC.
• Internet Computer (ICP) traded down 8.7% against the dollar and now trades at $6.94 or 0.00010254 BTC.
• Fetch.ai (FET) traded down 5.5% against the dollar and now trades at $1.10 or 0.00001632 BTC.
• Cronos (CRO) traded down 2.5% against the dollar and now trades at $0.0705 or 0.00000104 BTC.
• Hedera (HBAR) traded down 6.7% against the dollar and now trades at $0.0418 or 0.00000062 BTC.
• Cosmos (ATOM) traded 4.5% lower against the dollar and now trades at $3.89 or 0.00005746 BTC.
• Algorand (ALGO) traded 5.9% lower against the dollar and now trades at $0.11 or 0.00000158 BTC.
• Akash Network (AKT) traded 4.2% lower against the dollar and now trades at $2.16 or 0.00003189 BTC.
• Theta Fuel (TFUEL) traded 6.1% lower against the dollar and now trades at $0.0480 or 0.00000071 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,297 tokens. Kava’s official website is www.kava.io. 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.

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 currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly 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