Kava (KAVA) Reaches Self Reported Market Capitalization of $374.68 Million

Kava (KAVA) traded 0% lower against the U.S. dollar during the 1-day period ending at 11:00 AM ET on October 24th. One Kava token can currently be purchased for about $0.35 or 0.00000510 BTC on exchanges. In the last seven days, Kava has traded 2.1% lower against the U.S. dollar. Kava has a total market cap of $374.68 million and $14.68 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded up 1% against the dollar and now trades at $26.82 or 0.00039551 BTC.
• NEAR Protocol (NEAR) traded 1.7% higher against the dollar and now trades at $4.64 or 0.00006850 BTC.
• Internet Computer (ICP) traded up 0.8% against the dollar and now trades at $8.30 or 0.00012240 BTC.
• Cronos (CRO) traded down 0.2% against the dollar and now trades at $0.0757 or 0.00000112 BTC.
• Hedera (HBAR) traded up 0.8% against the dollar and now trades at $0.0515 or 0.00000076 BTC.
• Cosmos (ATOM) traded 1.5% higher against the dollar and now trades at $4.69 or 0.00006912 BTC.
• Fetch.ai (FET) traded up 3.2% against the dollar and now trades at $1.35 or 0.00001997 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $2.43 or 0.00003602 BTC.
• Theta Fuel (TFUEL) traded up 0.5% against the dollar and now trades at $0.0590 or 0.00000087 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,675 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 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.

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 GDAX, 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