Kava (KAVA) Price Down 7.3% Over Last 7 Days

Kava (KAVA) traded down 4.4% against the dollar during the 24-hour period ending at 11:00 AM ET on October 23rd. Over the last seven days, Kava has traded down 7.3% against the dollar. Kava has a total market capitalization of $376.23 million and $15.46 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for $0.35 or 0.00000523 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 4.1% lower against the dollar and now trades at $26.67 or 0.00040145 BTC.
• NEAR Protocol (NEAR) traded 2.6% lower against the dollar and now trades at $4.58 or 0.00006893 BTC.
• Internet Computer (ICP) traded 3.8% higher against the dollar and now trades at $8.26 or 0.00012440 BTC.
• Cronos (CRO) traded 1.8% lower against the dollar and now trades at $0.0759 or 0.00000114 BTC.
• Hedera (HBAR) traded 1.6% lower against the dollar and now trades at $0.0514 or 0.00000077 BTC.
• Cosmos (ATOM) traded down 2.9% against the dollar and now trades at $4.62 or 0.00006953 BTC.
• Fetch.ai (FET) traded down 3.3% against the dollar and now trades at $1.32 or 0.00001983 BTC.
• Algorand (ALGO) traded down 2.8% against the dollar and now trades at $0.12 or 0.00000182 BTC.
• Akash Network (AKT) traded up 0.3% against the dollar and now trades at $2.45 or 0.00003678 BTC.
• Theta Fuel (TFUEL) traded down 2.7% against the dollar and now trades at $0.0589 or 0.00000089 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,678 tokens. The official website for Kava is www.kava.io. 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.

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 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 Changelly, GDAX or Gemini. 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