Kava Trading Up 12.1% This Week (KAVA)

Kava (KAVA) traded up 5% against the dollar during the 24-hour period ending at 18:00 PM Eastern on October 15th. One Kava token can currently be bought for about $0.37 or 0.00000562 BTC on exchanges. During the last seven days, Kava has traded 12.1% higher against the dollar. Kava has a total market cap of $403.22 million and $61.87 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 3.6% against the dollar and now trades at $27.95 or 0.00042194 BTC.
• NEAR Protocol (NEAR) traded 0.9% lower against the dollar and now trades at $4.97 or 0.00007505 BTC.
• Internet Computer (ICP) traded 4.6% lower against the dollar and now trades at $7.97 or 0.00012024 BTC.
• Hedera (HBAR) traded up 5.1% against the dollar and now trades at $0.0555 or 0.00000084 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.0768 or 0.00000116 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $4.44 or 0.00006704 BTC.
• Fetch.ai (FET) traded 4.2% lower against the dollar and now trades at $1.44 or 0.00002170 BTC.
• Algorand (ALGO) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000188 BTC.
• Akash Network (AKT) traded down 1.7% against the dollar and now trades at $2.50 or 0.00003771 BTC.
• Theta Fuel (TFUEL) traded down 2.8% against the dollar and now trades at $0.0613 or 0.00000093 BTC.

Kava Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,682 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. The official website for Kava is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible 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 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, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView