Kava One Day Trading Volume Hits $5.87 Million (KAVA)

Kava (KAVA) traded 4.1% lower against the dollar during the one day period ending at 11:00 AM Eastern on December 3rd. During the last seven days, Kava has traded 2.2% lower against the dollar. One Kava token can now be purchased for $0.12 or 0.00000128 BTC on cryptocurrency exchanges. Kava has a market capitalization of $128.14 million and $5.87 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Cronos (CRO) traded 0.9% lower against the dollar and now trades at $0.11 or 0.00000119 BTC.
• Hedera (HBAR) traded up 1.3% against the dollar and now trades at $0.14 or 0.00000157 BTC.
• Avalanche (AVAX) traded 3.7% higher against the dollar and now trades at $14.14 or 0.00015329 BTC.
• NEAR Protocol (NEAR) traded 1.2% lower against the dollar and now trades at $1.79 or 0.00001946 BTC.
• Internet Computer (ICP) traded down 5.4% against the dollar and now trades at $3.66 or 0.00003964 BTC.
• Algorand (ALGO) traded up 0.2% against the dollar and now trades at $0.14 or 0.00000152 BTC.
• Cosmos (ATOM) traded 2.7% lower against the dollar and now trades at $2.33 or 0.00002530 BTC.
• Fetch.ai (FET) traded down 1.7% against the dollar and now trades at $0.26 or 0.00000283 BTC.
• Theta Fuel (TFUEL) traded 0.3% lower against the dollar and now trades at $0.0212 or 0.00000023 BTC.
• Akash Network (AKT) traded down 1.6% against the dollar and now trades at $0.47 or 0.00000509 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It launched on November 4th, 2019. Kava’s total supply is 1,082,847,735 tokens. The official website for Kava is www.kava.io. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. The official message board for Kava is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here.

According to CryptoCompare, “Kava Chain is a decentralized, permissionless, censorship-resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable between chains. Learn more about Cosmos. Learn more about Kava.‍Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced Decentralized Finance (DeFi) functionality like permissionless borrowing and lending.‍The KAVA token is an asset on the Kava Chain. Kava Chain is secured by its token KAVA and it is used across the full chain as a transport and a store of value. It is given as a reward for minting USDX on the Kava app.Blockchain data provided by: ATOMScan (total supply)”

Buying and Selling Kava

It is usually not 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 Coinbase, GDAX 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