Kava Hits Self Reported Market Capitalization of $432.84 Million (KAVA)

Kava (KAVA) traded 3.7% higher against the U.S. dollar during the 1 day period ending at 23:00 PM ET on July 25th. Kava has a market capitalization of $432.84 million and $8.71 million worth of Kava was traded on exchanges in the last day. During the last seven days, Kava has traded down 3% against the U.S. dollar. One Kava token can now be bought for $0.40 or 0.00000594 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 1.6% higher against the dollar and now trades at $27.83 or 0.00041348 BTC.
• NEAR Protocol (NEAR) traded 1% higher against the dollar and now trades at $5.63 or 0.00008357 BTC.
• Internet Computer (ICP) traded 4.5% higher against the dollar and now trades at $9.81 or 0.00014568 BTC.
• Hedera (HBAR) traded up 2.9% against the dollar and now trades at $0.0672 or 0.00000100 BTC.
• Cronos (CRO) traded down 0% against the dollar and now trades at $0.0901 or 0.00000134 BTC.
• Cosmos (ATOM) traded 3.1% higher against the dollar and now trades at $6.01 or 0.00008929 BTC.
• Fetch.ai (FET) traded up 3.6% against the dollar and now trades at $1.23 or 0.00001829 BTC.
• Algorand (ALGO) traded 3% higher against the dollar and now trades at $0.14 or 0.00000207 BTC.
• Akash Network (AKT) traded 3.2% lower against the dollar and now trades at $3.10 or 0.00004715 BTC.
• Theta Fuel (TFUEL) traded 2% higher against the dollar and now trades at $0.0673 or 0.00000100 BTC.

Kava Profile

Kava uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,855,129 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 Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official website is www.kava.io.

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 currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView