Kava Price Down 14% Over Last 7 Days (KAVA)

Kava (KAVA) traded down 0.1% against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on August 30th. One Kava token can now be bought for about $0.32 or 0.00000533 BTC on cryptocurrency exchanges. In the last week, Kava has traded 14% lower against the U.S. dollar. Kava has a market capitalization of $341.28 million and approximately $5.26 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 2.1% higher against the dollar and now trades at $23.31 or 0.00039420 BTC.
• NEAR Protocol (NEAR) traded down 2.1% against the dollar and now trades at $4.11 or 0.00006950 BTC.
• Internet Computer (ICP) traded down 2.4% against the dollar and now trades at $7.61 or 0.00012873 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0811 or 0.00000137 BTC.
• Hedera (HBAR) traded 0.5% higher against the dollar and now trades at $0.0513 or 0.00000087 BTC.
• Cosmos (ATOM) traded up 1% against the dollar and now trades at $4.66 or 0.00007874 BTC.
• Fetch.ai (FET) traded 6.9% higher against the dollar and now trades at $1.20 or 0.00002028 BTC.
• Algorand (ALGO) traded up 1.5% against the dollar and now trades at $0.13 or 0.00000217 BTC.
• Akash Network (AKT) traded 2.5% higher against the dollar and now trades at $2.64 or 0.00004464 BTC.
• Theta Fuel (TFUEL) traded down 1.4% against the dollar and now trades at $0.0575 or 0.00000097 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,759 tokens. Kava’s official website is www.kava.io. 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. 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.”

Buying and Selling Kava

It is usually not presently 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 Gemini, Coinbase or Changelly. 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