Kava Self Reported Market Capitalization Tops $306.03 Million (KAVA)

Kava (KAVA) traded 2% higher against the U.S. dollar during the twenty-four hour period ending at 23:00 PM E.T. on September 7th. One Kava token can now be bought for $0.28 or 0.00000520 BTC on major exchanges. Kava has a market cap of $306.03 million and $6.71 million worth of Kava was traded on exchanges in the last 24 hours. During the last seven days, Kava has traded down 6.2% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 4.7% higher against the dollar and now trades at $22.25 or 0.00040959 BTC.
• NEAR Protocol (NEAR) traded 3.7% higher against the dollar and now trades at $3.71 or 0.00006821 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $7.22 or 0.00013281 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0765 or 0.00000141 BTC.
• Hedera (HBAR) traded 3.5% higher against the dollar and now trades at $0.0488 or 0.00000090 BTC.
• Cosmos (ATOM) traded down 0.5% against the dollar and now trades at $3.67 or 0.00006758 BTC.
• Fetch.ai (FET) traded 2.6% higher against the dollar and now trades at $1.08 or 0.00001989 BTC.
• Algorand (ALGO) traded up 4.5% against the dollar and now trades at $0.12 or 0.00000225 BTC.
• Akash Network (AKT) traded up 1.2% against the dollar and now trades at $2.26 or 0.00004180 BTC.
• Theta Fuel (TFUEL) traded down 1.3% against the dollar and now trades at $0.0527 or 0.00000097 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,748 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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. 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. 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