Kava Self Reported Market Cap Hits $826.42 Million (KAVA)

Kava (KAVA) traded 2.6% higher against the dollar during the 1 day period ending at 22:00 PM Eastern on April 23rd. In the last seven days, Kava has traded up 18.7% against the dollar. Kava has a total market cap of $826.42 million and approximately $18.26 million worth of Kava was traded on exchanges in the last day. One Kava token can now be bought for about $0.76 or 0.00001145 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 1% lower against the dollar and now trades at $39.01 or 0.00058537 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $6.96 or 0.00010449 BTC.
• Internet Computer (ICP) traded down 2.7% against the dollar and now trades at $14.69 or 0.00022042 BTC.
• Hedera (HBAR) traded 78.6% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded down 2.5% against the dollar and now trades at $8.73 or 0.00013106 BTC.
• Fetch.ai (FET) traded down 2% against the dollar and now trades at $2.46 or 0.00003690 BTC.
• Algorand (ALGO) traded up 5% against the dollar and now trades at $0.20 or 0.00000307 BTC.
• Akash Network (AKT) traded up 24.9% against the dollar and now trades at $5.09 or 0.00007681 BTC.
• Theta Fuel (TFUEL) traded down 3.2% against the dollar and now trades at $0.11 or 0.00000168 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,860,622 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official message board is medium.com/kava-labs. Kava’s official website is www.kava.io. 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.”

Kava Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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