Kava (KAVA) Price Down 12.6% Over Last Week

Kava (KAVA) traded 2.4% higher against the U.S. dollar during the one day period ending at 13:00 PM ET on October 27th. Over the last week, Kava has traded down 12.6% against the U.S. dollar. Kava has a market capitalization of $356.13 million and approximately $9.45 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be purchased for $0.33 or 0.00000485 BTC on major exchanges.

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

• Avalanche (AVAX) traded up 2.3% against the dollar and now trades at $25.82 or 0.00038080 BTC.
• NEAR Protocol (NEAR) traded 2.4% higher against the dollar and now trades at $4.32 or 0.00006376 BTC.
• Internet Computer (ICP) traded up 2.7% against the dollar and now trades at $7.84 or 0.00011563 BTC.
• Cronos (CRO) traded up 2.2% against the dollar and now trades at $0.0744 or 0.00000110 BTC.
• Hedera (HBAR) traded 3% higher against the dollar and now trades at $0.0492 or 0.00000073 BTC.
• Cosmos (ATOM) traded up 1.8% against the dollar and now trades at $4.40 or 0.00006494 BTC.
• Fetch.ai (FET) traded up 3.2% against the dollar and now trades at $1.26 or 0.00001863 BTC.
• Algorand (ALGO) traded 3.1% higher against the dollar and now trades at $0.12 or 0.00000172 BTC.
• Akash Network (AKT) traded 1.9% higher against the dollar and now trades at $2.29 or 0.00003384 BTC.
• Theta Fuel (TFUEL) traded 1.2% higher against the dollar and now trades at $0.0549 or 0.00000081 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,672 tokens. Kava’s official message board 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 website is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView