Kava Achieves Self Reported Market Cap of $780.97 Million (KAVA)

Kava (KAVA) traded 7.9% higher against the dollar during the twenty-four hour period ending at 20:00 PM ET on April 20th. Kava has a total market cap of $780.97 million and $20.11 million worth of Kava was traded on exchanges in the last day. One Kava token can now be purchased for $0.72 or 0.00001112 BTC on popular cryptocurrency exchanges. Over the last seven days, Kava has traded up 12.6% against the dollar.

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

• Avalanche (AVAX) traded up 10.1% against the dollar and now trades at $38.16 or 0.00058840 BTC.
• Internet Computer (ICP) traded up 10.5% against the dollar and now trades at $15.51 or 0.00023919 BTC.
• NEAR Protocol (NEAR) traded 11.6% higher against the dollar and now trades at $6.25 or 0.00009640 BTC.
• Cronos (CRO) traded 6% higher against the dollar and now trades at $0.13 or 0.00000201 BTC.
• Cosmos (ATOM) traded 6% higher against the dollar and now trades at $8.66 or 0.00013344 BTC.
• Hedera (HBAR) traded up 7.3% against the dollar and now trades at $0.0865 or 0.00000133 BTC.
• Fetch.ai (FET) traded up 17.6% against the dollar and now trades at $2.48 or 0.00003823 BTC.
• Algorand (ALGO) traded 9% higher against the dollar and now trades at $0.19 or 0.00000294 BTC.
• Akash Network (AKT) traded 7.3% higher against the dollar and now trades at $4.16 or 0.00006405 BTC.
• Theta Fuel (TFUEL) traded 13.4% higher against the dollar and now trades at $0.0974 or 0.00000150 BTC.

About Kava

KAVA uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,860,622 tokens. Kava’s official message board 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 website 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 currently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView