Kava Hits Self Reported Market Capitalization of $489.15 Million (KAVA)

Kava (KAVA) traded down 1.4% against the U.S. dollar during the 1 day period ending at 10:00 AM ET on June 28th. Kava has a total market cap of $489.15 million and approximately $8.64 million worth of Kava was traded on exchanges in the last day. During the last week, Kava has traded down 2.2% against the U.S. dollar. One Kava token can now be bought for $0.45 or 0.00000737 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 3.2% higher against the dollar and now trades at $28.40 or 0.00046369 BTC.
• NEAR Protocol (NEAR) traded down 3.5% against the dollar and now trades at $5.16 or 0.00008430 BTC.
• Internet Computer (ICP) traded down 1.4% against the dollar and now trades at $8.18 or 0.00013362 BTC.
• Hedera (HBAR) traded 1.2% lower against the dollar and now trades at $0.0788 or 0.00000129 BTC.
• Cosmos (ATOM) traded up 0.9% against the dollar and now trades at $6.98 or 0.00011392 BTC.
• Cronos (CRO) traded 0.3% lower against the dollar and now trades at $0.0920 or 0.00000150 BTC.
• Fetch.ai (FET) traded 8.8% lower against the dollar and now trades at $1.45 or 0.00002370 BTC.
• Algorand (ALGO) traded up 0.5% against the dollar and now trades at $0.14 or 0.00000235 BTC.
• Akash Network (AKT) traded 11.9% higher against the dollar and now trades at $3.55 or 0.00005758 BTC.
• Theta Fuel (TFUEL) traded 2.1% lower against the dollar and now trades at $0.0772 or 0.00000126 BTC.

Kava Profile

KAVA uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,856,222 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 message board for Kava is medium.com/kava-labs. The official website for Kava 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.”

Buying and Selling Kava

It is usually not possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase 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 purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView