Kava (KAVA) Self Reported Market Cap Reaches $446.62 Million

Kava (KAVA) traded up 3.3% against the US dollar during the 1 day period ending at 7:00 AM Eastern on February 26th. Over the last week, Kava has traded 10.2% lower against the US dollar. Kava has a total market capitalization of $446.62 million and $24.39 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be purchased for about $0.41 or 0.00000467 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 1.5% higher against the dollar and now trades at $21.94 or 0.00024863 BTC.
• Hedera (HBAR) traded 5% higher against the dollar and now trades at $0.20 or 0.00000223 BTC.
• NEAR Protocol (NEAR) traded up 2.5% against the dollar and now trades at $3.03 or 0.00003437 BTC.
• Internet Computer (ICP) traded up 4.8% against the dollar and now trades at $6.52 or 0.00007388 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.0750 or 0.00000085 BTC.
• Algorand (ALGO) traded up 4.6% against the dollar and now trades at $0.24 or 0.00000266 BTC.
• Cosmos (ATOM) traded up 6.4% against the dollar and now trades at $4.58 or 0.00005187 BTC.
• Fetch.ai (FET) traded 0.1% higher against the dollar and now trades at $0.65 or 0.00000741 BTC.
• Akash Network (AKT) traded 1.3% higher against the dollar and now trades at $1.59 or 0.00001794 BTC.
• Theta Fuel (TFUEL) traded down 0.6% against the dollar and now trades at $0.0442 or 0.00000050 BTC.

About Kava

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,853,491 tokens. Kava’s official message board is medium.com/kava-labs. The official website for Kava 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.”

Buying and Selling Kava

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

KAVA/USD price chart by TradingView