Kava Self Reported Market Cap Achieves $322.49 Million (KAVA)

Kava (KAVA) traded down 1.5% against the U.S. dollar during the 24 hour period ending at 18:00 PM ET on August 7th. One Kava token can now be purchased for $0.30 or 0.00000539 BTC on cryptocurrency exchanges. Over the last week, Kava has traded 26.1% lower against the U.S. dollar. Kava has a market cap of $322.49 million and $9.39 million worth of Kava was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 4.9% against the dollar and now trades at $20.10 or 0.00036351 BTC.
• NEAR Protocol (NEAR) traded 4.4% lower against the dollar and now trades at $3.58 or 0.00006478 BTC.
• Internet Computer (ICP) traded down 6.6% against the dollar and now trades at $7.13 or 0.00012886 BTC.
• Cronos (CRO) traded 2.1% lower against the dollar and now trades at $0.0780 or 0.00000141 BTC.
• Cosmos (ATOM) traded down 1.6% against the dollar and now trades at $4.84 or 0.00008761 BTC.
• Hedera (HBAR) traded 6.5% lower against the dollar and now trades at $0.0519 or 0.00000094 BTC.
• Algorand (ALGO) traded 2.3% lower against the dollar and now trades at $0.11 or 0.00000200 BTC.
• Fetch.ai (FET) traded 5.1% lower against the dollar and now trades at $0.82 or 0.00001475 BTC.
• Akash Network (AKT) traded down 11.5% against the dollar and now trades at $2.29 or 0.00004142 BTC.
• Theta Fuel (TFUEL) traded down 3.1% against the dollar and now trades at $0.0520 or 0.00000094 BTC.

Kava Profile

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,949 tokens. The official website for Kava is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official message board for Kava 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.

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 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 Coinbase, Changelly or Gemini. 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