Kava (KAVA) 24 Hour Volume Reaches $12.90 Million

Kava (KAVA) traded 5.5% lower against the US dollar during the 1-day period ending at 20:00 PM Eastern on August 1st. Over the last seven days, Kava has traded 2.7% lower against the US dollar. Kava has a total market capitalization of $412.88 million and $12.90 million worth of Kava was traded on exchanges in the last day. One Kava token can now be purchased for approximately $0.38 or 0.00000587 BTC on major exchanges.

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

• Avalanche (AVAX) traded down 1% against the dollar and now trades at $25.55 or 0.00039298 BTC.
• NEAR Protocol (NEAR) traded down 0.5% against the dollar and now trades at $4.96 or 0.00007633 BTC.
• Internet Computer (ICP) traded 1.5% lower against the dollar and now trades at $8.89 or 0.00013678 BTC.
• Cronos (CRO) traded 0.7% higher against the dollar and now trades at $0.0872 or 0.00000134 BTC.
• Hedera (HBAR) traded 0.7% higher against the dollar and now trades at $0.0634 or 0.00000098 BTC.
• Cosmos (ATOM) traded down 0.4% against the dollar and now trades at $5.80 or 0.00008915 BTC.
• Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $1.14 or 0.00001757 BTC.
• Algorand (ALGO) traded 1.1% lower against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Akash Network (AKT) traded up 2.3% against the dollar and now trades at $2.92 or 0.00004479 BTC.
• Theta Fuel (TFUEL) traded up 0.6% against the dollar and now trades at $0.0644 or 0.00000099 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It was first traded 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. The official message board for Kava is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official website for Kava 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 U.S. dollars. Investors seeking to acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView