Kava (KAVA) Hits Self Reported Market Cap of $471.77 Million

Kava (KAVA) traded 2.6% lower against the dollar during the 24 hour period ending at 10:00 AM ET on June 29th. During the last week, Kava has traded 5.9% lower against the dollar. One Kava token can currently be bought for approximately $0.44 or 0.00000716 BTC on major exchanges. Kava has a total market cap of $471.77 million and $6.00 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 2.3% lower against the dollar and now trades at $27.60 or 0.00045341 BTC.
• NEAR Protocol (NEAR) traded down 2.3% against the dollar and now trades at $5.00 or 0.00008209 BTC.
• Internet Computer (ICP) traded 2.2% lower against the dollar and now trades at $7.95 or 0.00013054 BTC.
• Hedera (HBAR) traded down 2.2% against the dollar and now trades at $0.0767 or 0.00000126 BTC.
• Cosmos (ATOM) traded 2.9% lower against the dollar and now trades at $6.74 or 0.00011075 BTC.
• Cronos (CRO) traded down 0.5% against the dollar and now trades at $0.0914 or 0.00000150 BTC.
• Fetch.ai (FET) traded 2% lower against the dollar and now trades at $1.40 or 0.00002304 BTC.
• Algorand (ALGO) traded down 1.4% against the dollar and now trades at $0.14 or 0.00000232 BTC.
• Akash Network (AKT) traded down 0.8% against the dollar and now trades at $3.59 or 0.00005883 BTC.
• Theta Fuel (TFUEL) traded down 2.7% against the dollar and now trades at $0.0746 or 0.00000123 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. Its genesis date was 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. The official website for Kava is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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.”

Kava Token Trading

It is usually not presently 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 GDAX, Gemini or Coinbase. 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