Kava Price Tops $0.44 on Exchanges (KAVA)

Kava (KAVA) traded down 1.8% against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on June 28th. Over the last seven days, Kava has traded 3.9% lower against the U.S. dollar. Kava has a total market capitalization of $478.68 million and $7.26 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for $0.44 or 0.00000729 BTC on major exchanges.

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

• Avalanche (AVAX) traded up 1.2% against the dollar and now trades at $28.25 or 0.00046595 BTC.
• NEAR Protocol (NEAR) traded 3.4% lower against the dollar and now trades at $4.98 or 0.00008209 BTC.
• Internet Computer (ICP) traded 3% lower against the dollar and now trades at $7.96 or 0.00013137 BTC.
• Hedera (HBAR) traded 1.1% lower against the dollar and now trades at $0.0777 or 0.00000128 BTC.
• Cosmos (ATOM) traded 1.2% lower against the dollar and now trades at $6.84 or 0.00011286 BTC.
• Cronos (CRO) traded 2% lower against the dollar and now trades at $0.0904 or 0.00000149 BTC.
• Fetch.ai (FET) traded 5.1% lower against the dollar and now trades at $1.41 or 0.00002334 BTC.
• Algorand (ALGO) traded down 0.4% against the dollar and now trades at $0.14 or 0.00000234 BTC.
• Akash Network (AKT) traded up 8.3% against the dollar and now trades at $3.57 or 0.00005920 BTC.
• Theta Fuel (TFUEL) traded up 0.2% against the dollar and now trades at $0.0765 or 0.00000126 BTC.

Kava Profile

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,856,222 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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. The official message board for Kava is medium.com/kava-labs.

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 U.S. dollars. Investors seeking to trade 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 aforementioned exchanges.

KAVA/USD price chart by TradingView