Kava 24 Hour Volume Hits $10.36 Million (KAVA)

Kava (KAVA) traded down 7.3% against the dollar during the twenty-four hour period ending at 0:00 AM ET on August 27th. One Kava token can now be bought for $0.32 or 0.00000536 BTC on major cryptocurrency exchanges. Kava has a total market cap of $345.61 million and $10.36 million worth of Kava was traded on exchanges in the last 24 hours. During the last week, Kava has traded down 5.5% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 8.1% lower against the dollar and now trades at $24.17 or 0.00040588 BTC.
• NEAR Protocol (NEAR) traded down 6.3% against the dollar and now trades at $4.58 or 0.00007692 BTC.
• Internet Computer (ICP) traded 6.1% lower against the dollar and now trades at $7.71 or 0.00012949 BTC.
• Cronos (CRO) traded down 5.6% against the dollar and now trades at $0.0813 or 0.00000136 BTC.
• Hedera (HBAR) traded 6.5% lower against the dollar and now trades at $0.0526 or 0.00000088 BTC.
• Cosmos (ATOM) traded 6.6% lower against the dollar and now trades at $4.61 or 0.00007737 BTC.
• Fetch.ai (FET) traded 7.1% lower against the dollar and now trades at $1.28 or 0.00002142 BTC.
• Algorand (ALGO) traded 5% lower against the dollar and now trades at $0.13 or 0.00000216 BTC.
• Akash Network (AKT) traded 3.9% lower against the dollar and now trades at $2.76 or 0.00004662 BTC.
• Theta Fuel (TFUEL) traded down 5.4% against the dollar and now trades at $0.0587 or 0.00000099 BTC.

Kava Token Profile

Kava uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,764 tokens. The official message board for Kava is medium.com/kava-labs. 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 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 currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView