Kava Price Tops $0.41 on Top Exchanges (KAVA)

Kava (KAVA) traded down 2.8% against the dollar during the twenty-four hour period ending at 10:00 AM ET on July 28th. During the last seven days, Kava has traded down 1.8% against the dollar. Kava has a total market capitalization of $449.28 million and $9.50 million worth of Kava was traded on exchanges in the last day. One Kava token can now be bought for $0.41 or 0.00000612 BTC on major exchanges.

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

• Avalanche (AVAX) traded down 6.3% against the dollar and now trades at $27.45 or 0.00040488 BTC.
• NEAR Protocol (NEAR) traded down 6.1% against the dollar and now trades at $5.47 or 0.00008070 BTC.
• Internet Computer (ICP) traded down 2.8% against the dollar and now trades at $9.52 or 0.00014043 BTC.
• Cosmos (ATOM) traded 0.4% higher against the dollar and now trades at $6.36 or 0.00009380 BTC.
• Hedera (HBAR) traded down 2.2% against the dollar and now trades at $0.0680 or 0.00000100 BTC.
• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.0903 or 0.00000133 BTC.
• Fetch.ai (FET) traded down 5.5% against the dollar and now trades at $1.25 or 0.00001838 BTC.
• Algorand (ALGO) traded down 3.5% against the dollar and now trades at $0.14 or 0.00000206 BTC.
• Akash Network (AKT) traded down 2.1% against the dollar and now trades at $3.20 or 0.00004716 BTC.
• Theta Fuel (TFUEL) traded 2.3% lower against the dollar and now trades at $0.0685 or 0.00000101 BTC.

About Kava

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,855,128 tokens. The official website for Kava is www.kava.io. Kava’s official message board is medium.com/kava-labs. 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.

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 presently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView