Kava (KAVA) Price Down 0.5% Over Last Week

Kava (KAVA) traded up 0.7% against the US dollar during the 1-day period ending at 7:00 AM ET on January 21st. Kava has a total market cap of $500.68 million and approximately $34.14 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be purchased for about $0.46 or 0.00000445 BTC on major cryptocurrency exchanges. In the last seven days, Kava has traded 0.5% lower against the US dollar.

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

• Avalanche (AVAX) traded down 3.4% against the dollar and now trades at $36.43 or 0.00035089 BTC.
• Hedera (HBAR) traded 8% lower against the dollar and now trades at $0.34 or 0.00000324 BTC.
• NEAR Protocol (NEAR) traded down 4.4% against the dollar and now trades at $5.11 or 0.00004927 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $9.75 or 0.00009391 BTC.
• Algorand (ALGO) traded 6.9% lower against the dollar and now trades at $0.43 or 0.00000412 BTC.
• Cronos (CRO) traded 0.9% lower against the dollar and now trades at $0.13 or 0.00000128 BTC.
• Fetch.ai (FET) traded 3.4% lower against the dollar and now trades at $1.20 or 0.00001157 BTC.
• Cosmos (ATOM) traded 2.2% lower against the dollar and now trades at $6.12 or 0.00005891 BTC.
• Akash Network (AKT) traded down 0.3% against the dollar and now trades at $2.88 or 0.00002778 BTC.
• Theta Fuel (TFUEL) traded 1% lower against the dollar and now trades at $0.0638 or 0.00000062 BTC.

About Kava

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,853,842 tokens. The official message board for Kava is medium.com/kava-labs. Kava’s official website is www.kava.io. 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 presently 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 Coinbase, Changelly or GDAX. 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