Kava (KAVA) Price Hits $0.41

Kava (KAVA) traded down 2.4% against the U.S. dollar during the 24-hour period ending at 8:00 AM Eastern on July 31st. In the last week, Kava has traded 1.8% lower against the U.S. dollar. Kava has a market cap of $439.24 million and approximately $7.72 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be bought for about $0.41 or 0.00000614 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 2.9% against the dollar and now trades at $26.24 or 0.00039692 BTC.
• NEAR Protocol (NEAR) traded 2% lower against the dollar and now trades at $5.17 or 0.00007821 BTC.
• Internet Computer (ICP) traded 1.6% lower against the dollar and now trades at $8.89 or 0.00013455 BTC.
• Hedera (HBAR) traded down 1.2% against the dollar and now trades at $0.0659 or 0.00000100 BTC.
• Cronos (CRO) traded 0.8% lower against the dollar and now trades at $0.0888 or 0.00000134 BTC.
• Cosmos (ATOM) traded 2.8% lower against the dollar and now trades at $5.99 or 0.00009057 BTC.
• Fetch.ai (FET) traded down 4.1% against the dollar and now trades at $1.18 or 0.00001778 BTC.
• Algorand (ALGO) traded down 1.6% against the dollar and now trades at $0.14 or 0.00000212 BTC.
• Akash Network (AKT) traded 6.1% lower against the dollar and now trades at $2.95 or 0.00004461 BTC.
• Theta Fuel (TFUEL) traded 5.3% lower against the dollar and now trades at $0.0646 or 0.00000098 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,976 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. Kava’s official website 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.”

Kava Token Trading

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 Gemini, Coinbase or Changelly. 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