Kava Reaches 24 Hour Trading Volume of $16.38 Million (KAVA)

Kava (KAVA) traded up 1.9% against the U.S. dollar during the 1 day period ending at 8:00 AM E.T. on March 26th. One Kava token can currently be bought for $0.49 or 0.00000557 BTC on major exchanges. Kava has a total market capitalization of $530.75 million and $16.38 million worth of Kava was traded on exchanges in the last day. Over the last seven days, Kava has traded 1.8% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 2.3% against the dollar and now trades at $22.87 or 0.00025987 BTC.
• Hedera (HBAR) traded 1% higher against the dollar and now trades at $0.20 or 0.00000227 BTC.
• NEAR Protocol (NEAR) traded 1.5% higher against the dollar and now trades at $3.03 or 0.00003446 BTC.
• Internet Computer (ICP) traded 3% higher against the dollar and now trades at $6.33 or 0.00007194 BTC.
• Cronos (CRO) traded 2.6% higher against the dollar and now trades at $0.11 or 0.00000120 BTC.
• Cosmos (ATOM) traded 0.9% higher against the dollar and now trades at $4.94 or 0.00005610 BTC.
• Algorand (ALGO) traded 2.4% higher against the dollar and now trades at $0.22 or 0.00000245 BTC.
• Fetch.ai (FET) traded up 2.1% against the dollar and now trades at $0.58 or 0.00000654 BTC.
• Akash Network (AKT) traded down 0.3% against the dollar and now trades at $1.42 or 0.00001610 BTC.
• Theta Fuel (TFUEL) traded up 1.7% against the dollar and now trades at $0.0409 or 0.00000046 BTC.

Kava Profile

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,853,474 tokens. 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. Kava’s official website is www.kava.io. 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.”

Kava Token Trading

It is usually not currently 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 Changelly, Coinbase or GDAX. 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