Kava Achieves Self Reported Market Cap of $317.62 Million (KAVA)

Kava (KAVA) traded 5.4% lower against the US dollar during the 24-hour period ending at 16:00 PM Eastern on September 16th. Kava has a total market cap of $317.62 million and approximately $10.00 million worth of Kava was traded on exchanges in the last 24 hours. Over the last seven days, Kava has traded 1.7% lower against the US dollar. One Kava token can currently be bought for $0.29 or 0.00000506 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded down 3.9% against the dollar and now trades at $23.51 or 0.00040572 BTC.
• NEAR Protocol (NEAR) traded down 6.2% against the dollar and now trades at $3.88 or 0.00006703 BTC.
• Internet Computer (ICP) traded down 5.3% against the dollar and now trades at $7.99 or 0.00013797 BTC.
• Cronos (CRO) traded down 3.5% against the dollar and now trades at $0.0793 or 0.00000137 BTC.
• Hedera (HBAR) traded down 3.4% against the dollar and now trades at $0.0494 or 0.00000085 BTC.
• Cosmos (ATOM) traded down 4.8% against the dollar and now trades at $3.97 or 0.00006845 BTC.
• Fetch.ai (FET) traded 6.9% lower against the dollar and now trades at $1.28 or 0.00002212 BTC.
• Algorand (ALGO) traded 4.3% lower against the dollar and now trades at $0.12 or 0.00000214 BTC.
• Akash Network (AKT) traded 8% lower against the dollar and now trades at $2.35 or 0.00004073 BTC.
• Theta Fuel (TFUEL) traded 0% lower against the dollar and now trades at $0.0612 or 0.00000106 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,736 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 Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official website 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.”

Kava Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView