Kava Price Down 15.5% Over Last Week (KAVA)

Kava (KAVA) traded 6.6% lower against the dollar during the 24 hour period ending at 18:00 PM Eastern on July 4th. Kava has a total market capitalization of $413.82 million and $26.66 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be purchased for approximately $0.38 or 0.00000655 BTC on exchanges. In the last week, Kava has traded down 15.5% against the dollar.

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

• Avalanche (AVAX) traded down 4.4% against the dollar and now trades at $25.45 or 0.00043606 BTC.
• NEAR Protocol (NEAR) traded 3.7% lower against the dollar and now trades at $4.86 or 0.00008326 BTC.
• Internet Computer (ICP) traded down 6.5% against the dollar and now trades at $6.93 or 0.00011868 BTC.
• Hedera (HBAR) traded 4.6% lower against the dollar and now trades at $0.0687 or 0.00000118 BTC.
• Cosmos (ATOM) traded down 2.1% against the dollar and now trades at $6.18 or 0.00010588 BTC.
• Cronos (CRO) traded down 1.4% against the dollar and now trades at $0.0871 or 0.00000149 BTC.
• Fetch.ai (FET) traded 2.7% higher against the dollar and now trades at $1.26 or 0.00002161 BTC.
• Algorand (ALGO) traded 4.5% lower against the dollar and now trades at $0.14 or 0.00000233 BTC.
• Akash Network (AKT) traded 6.7% lower against the dollar and now trades at $3.11 or 0.00005314 BTC.
• Theta Fuel (TFUEL) traded 6.8% lower against the dollar and now trades at $0.0671 or 0.00000115 BTC.

About Kava

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,856,192 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 website 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 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView