Kava (KAVA) Hits Self Reported Market Capitalization of $420.12 Million

Kava (KAVA) traded 8.5% higher against the US dollar during the twenty-four hour period ending at 12:00 PM Eastern on July 6th. During the last seven days, Kava has traded 11% lower against the US dollar. Kava has a total market cap of $420.12 million and approximately $8.67 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be purchased for $0.39 or 0.00000671 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 5.2% against the dollar and now trades at $26.31 or 0.00045512 BTC.
• NEAR Protocol (NEAR) traded up 4.6% against the dollar and now trades at $4.72 or 0.00008168 BTC.
• Internet Computer (ICP) traded 6.7% higher against the dollar and now trades at $7.25 or 0.00012538 BTC.
• Hedera (HBAR) traded up 3.2% against the dollar and now trades at $0.0690 or 0.00000119 BTC.
• Cosmos (ATOM) traded up 6.3% against the dollar and now trades at $5.98 or 0.00010343 BTC.
• Cronos (CRO) traded up 2.4% against the dollar and now trades at $0.0867 or 0.00000150 BTC.
• Fetch.ai (FET) traded up 2.9% against the dollar and now trades at $1.23 or 0.00002127 BTC.
• Algorand (ALGO) traded up 3.3% against the dollar and now trades at $0.14 or 0.00000237 BTC.
• Akash Network (AKT) traded 13.9% higher against the dollar and now trades at $3.56 or 0.00006216 BTC.
• Theta Fuel (TFUEL) traded up 3.9% against the dollar and now trades at $0.0661 or 0.00000114 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,856,192 tokens. Kava’s official message board is medium.com/kava-labs. 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. 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.”

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 trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini 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