Kava Hits 24 Hour Trading Volume of $16.70 Million (KAVA)

Kava (KAVA) traded up 4% against the dollar during the 1 day period ending at 7:00 AM Eastern on December 24th. Kava has a total market capitalization of $490.43 million and $16.70 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be bought for about $0.45 or 0.00000481 BTC on major cryptocurrency exchanges. Over the last week, Kava has traded down 18.9% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 6.3% against the dollar and now trades at $39.26 or 0.00041674 BTC.
• Hedera (HBAR) traded up 13.1% against the dollar and now trades at $0.31 or 0.00000333 BTC.
• NEAR Protocol (NEAR) traded up 6.9% against the dollar and now trades at $5.46 or 0.00005796 BTC.
• Internet Computer (ICP) traded 6.8% higher against the dollar and now trades at $10.78 or 0.00011447 BTC.
• Cronos (CRO) traded 3.4% higher against the dollar and now trades at $0.16 or 0.00000171 BTC.
• Fetch.ai (FET) traded up 5.4% against the dollar and now trades at $1.35 or 0.00001434 BTC.
• Algorand (ALGO) traded 5.2% higher against the dollar and now trades at $0.38 or 0.00000407 BTC.
• Cosmos (ATOM) traded 4.6% higher against the dollar and now trades at $6.81 or 0.00007231 BTC.
• Akash Network (AKT) traded up 7.2% against the dollar and now trades at $3.28 or 0.00003491 BTC.
• Theta Fuel (TFUEL) traded 2.6% higher against the dollar and now trades at $0.0684 or 0.00000073 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,853,869 tokens. 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. The official message board for Kava is medium.com/kava-labs. The official website for Kava is www.kava.io.

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 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, Changelly 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