Kava Price Up 9.6% Over Last Week (KAVA)

Kava (KAVA) traded down 6.4% against the U.S. dollar during the one day period ending at 7:00 AM Eastern on February 6th. One Kava token can currently be bought for about $0.47 or 0.00000473 BTC on cryptocurrency exchanges. Kava has a market cap of $504.53 million and $42.76 million worth of Kava was traded on exchanges in the last 24 hours. During the last seven days, Kava has traded up 9.6% against the U.S. dollar.

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

• Avalanche (AVAX) traded down 3.9% against the dollar and now trades at $26.08 or 0.00026460 BTC.
• Hedera (HBAR) traded down 5.1% against the dollar and now trades at $0.24 or 0.00000246 BTC.
• NEAR Protocol (NEAR) traded down 4.7% against the dollar and now trades at $3.29 or 0.00003334 BTC.
• Internet Computer (ICP) traded 2.7% lower against the dollar and now trades at $6.98 or 0.00007082 BTC.
• Cronos (CRO) traded 4.2% lower against the dollar and now trades at $0.10 or 0.00000102 BTC.
• Algorand (ALGO) traded 2.9% lower against the dollar and now trades at $0.28 or 0.00000288 BTC.
• Fetch.ai (FET) traded down 5.3% against the dollar and now trades at $0.75 or 0.00000765 BTC.
• Cosmos (ATOM) traded 4% lower against the dollar and now trades at $4.59 or 0.00004659 BTC.
• Akash Network (AKT) traded 7.5% lower against the dollar and now trades at $1.97 or 0.00001992 BTC.
• Theta Fuel (TFUEL) traded down 9.3% against the dollar and now trades at $0.0466 or 0.00000047 BTC.

Kava Profile

KAVA uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,853,808 tokens. The official website for Kava is www.kava.io. 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.

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 purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX 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