Kava Price Hits $0.35 on Top Exchanges (KAVA)

Kava (KAVA) traded down 6.9% against the dollar during the one day period ending at 12:00 PM Eastern on July 5th. One Kava token can now be purchased for $0.35 or 0.00000628 BTC on popular cryptocurrency exchanges. Kava has a market cap of $384.13 million and approximately $17.09 million worth of Kava was traded on exchanges in the last day. Over the last seven days, Kava has traded 21% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 2.5% lower against the dollar and now trades at $24.83 or 0.00043958 BTC.
• NEAR Protocol (NEAR) traded down 6.8% against the dollar and now trades at $4.47 or 0.00007907 BTC.
• Internet Computer (ICP) traded 1.6% lower against the dollar and now trades at $6.76 or 0.00011965 BTC.
• Hedera (HBAR) traded 4.2% lower against the dollar and now trades at $0.0663 or 0.00000117 BTC.
• Cronos (CRO) traded down 1.5% against the dollar and now trades at $0.0848 or 0.00000150 BTC.
• Cosmos (ATOM) traded down 9.8% against the dollar and now trades at $5.57 or 0.00009868 BTC.
• Fetch.ai (FET) traded 5.2% lower against the dollar and now trades at $1.17 or 0.00002079 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.13 or 0.00000231 BTC.
• Akash Network (AKT) traded up 0.5% against the dollar and now trades at $3.13 or 0.00005554 BTC.
• Theta Fuel (TFUEL) traded 5.4% lower against the dollar and now trades at $0.0631 or 0.00000112 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,856,192 tokens. Kava’s official website is www.kava.io. 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.

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 buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy 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 buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView