Kava Achieves Self Reported Market Capitalization of $394.59 Million (KAVA)

Kava (KAVA) traded 4.7% lower against the US dollar during the 24 hour period ending at 18:00 PM E.T. on July 5th. During the last seven days, Kava has traded 17% lower against the US dollar. Kava has a market capitalization of $394.59 million and $18.00 million worth of Kava was traded on exchanges in the last day. One Kava token can now be bought for $0.36 or 0.00000644 BTC on major exchanges.

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

• Avalanche (AVAX) traded down 0.7% against the dollar and now trades at $25.25 or 0.00044636 BTC.
• NEAR Protocol (NEAR) traded down 8.6% against the dollar and now trades at $4.44 or 0.00007839 BTC.
• Internet Computer (ICP) traded down 2.6% against the dollar and now trades at $6.74 or 0.00011920 BTC.
• Hedera (HBAR) traded 2.8% lower against the dollar and now trades at $0.0669 or 0.00000118 BTC.
• Cronos (CRO) traded down 3.2% against the dollar and now trades at $0.0844 or 0.00000149 BTC.
• Cosmos (ATOM) traded 7.3% lower against the dollar and now trades at $5.73 or 0.00010124 BTC.
• Fetch.ai (FET) traded down 7.9% against the dollar and now trades at $1.16 or 0.00002046 BTC.
• Algorand (ALGO) traded down 3.4% against the dollar and now trades at $0.13 or 0.00000232 BTC.
• Akash Network (AKT) traded up 1.1% against the dollar and now trades at $3.11 or 0.00005487 BTC.
• Theta Fuel (TFUEL) traded down 6.9% against the dollar and now trades at $0.0632 or 0.00000112 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,856,192 tokens. 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. 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.”

Buying and Selling Kava

It is usually not presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView