Kava (KAVA) Reaches 24 Hour Volume of $11.33 Million

Kava (KAVA) traded 7.2% lower against the dollar during the 1-day period ending at 11:00 AM Eastern on October 31st. One Kava token can now be bought for about $0.33 or 0.00000468 BTC on major cryptocurrency exchanges. Kava has a total market capitalization of $358.14 million and approximately $11.33 million worth of Kava was traded on exchanges in the last day. Over the last week, Kava has traded 4.1% lower against the dollar.

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

• Avalanche (AVAX) traded 4.6% lower against the dollar and now trades at $25.17 or 0.00035623 BTC.
• NEAR Protocol (NEAR) traded 5.2% lower against the dollar and now trades at $4.16 or 0.00005886 BTC.
• Internet Computer (ICP) traded down 4.4% against the dollar and now trades at $7.79 or 0.00011019 BTC.
• Fetch.ai (FET) traded down 1.1% against the dollar and now trades at $1.30 or 0.00001846 BTC.
• Cronos (CRO) traded down 4.2% against the dollar and now trades at $0.0732 or 0.00000104 BTC.
• Hedera (HBAR) traded 5.2% lower against the dollar and now trades at $0.0463 or 0.00000066 BTC.
• Cosmos (ATOM) traded down 4.3% against the dollar and now trades at $4.29 or 0.00006064 BTC.
• Algorand (ALGO) traded 5.5% lower against the dollar and now trades at $0.12 or 0.00000163 BTC.
• Akash Network (AKT) traded 4.5% lower against the dollar and now trades at $2.39 or 0.00003367 BTC.
• Theta Fuel (TFUEL) traded down 4.6% against the dollar and now trades at $0.0531 or 0.00000075 BTC.

Kava Token Profile

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,640 tokens. The official website for Kava is www.kava.io. 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 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.”

Kava Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView