Kava (KAVA) Price Up 21.6% Over Last Week

Kava (KAVA) traded 5.4% higher against the dollar during the 24 hour period ending at 11:00 AM ET on August 24th. Over the last seven days, Kava has traded 21.6% higher against the dollar. One Kava token can currently be purchased for approximately $0.38 or 0.00000586 BTC on popular cryptocurrency exchanges. Kava has a market capitalization of $406.92 million and $8.09 million worth of Kava was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 5.5% higher against the dollar and now trades at $27.74 or 0.00043245 BTC.
• NEAR Protocol (NEAR) traded 6.5% higher against the dollar and now trades at $4.96 or 0.00007739 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $8.63 or 0.00013456 BTC.
• Cronos (CRO) traded 3.7% higher against the dollar and now trades at $0.0913 or 0.00000142 BTC.
• Hedera (HBAR) traded up 4.2% against the dollar and now trades at $0.0607 or 0.00000095 BTC.
• Cosmos (ATOM) traded up 7.5% against the dollar and now trades at $5.29 or 0.00008245 BTC.
• Fetch.ai (FET) traded up 15.4% against the dollar and now trades at $1.27 or 0.00001987 BTC.
• Algorand (ALGO) traded 4.1% higher against the dollar and now trades at $0.15 or 0.00000229 BTC.
• Akash Network (AKT) traded up 10.6% against the dollar and now trades at $2.79 or 0.00004353 BTC.
• Theta Fuel (TFUEL) traded up 7.6% against the dollar and now trades at $0.0657 or 0.00000102 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,768 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 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.

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView