Kava (KAVA) Hits Self Reported Market Capitalization of $364.06 Million

Kava (KAVA) traded up 4.2% against the US dollar during the twenty-four hour period ending at 9:00 AM ET on August 14th. Kava has a total market capitalization of $364.06 million and approximately $7.41 million worth of Kava was traded on exchanges in the last 24 hours. During the last seven days, Kava has traded 9.5% higher against the US dollar. One Kava token can currently be purchased for $0.34 or 0.00000548 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 4.6% higher against the dollar and now trades at $21.84 or 0.00035622 BTC.
• NEAR Protocol (NEAR) traded 7.9% higher against the dollar and now trades at $4.32 or 0.00007049 BTC.
• Internet Computer (ICP) traded up 5.4% against the dollar and now trades at $7.41 or 0.00012092 BTC.
• Cronos (CRO) traded 6.3% higher against the dollar and now trades at $0.0926 or 0.00000151 BTC.
• Hedera (HBAR) traded 4.8% higher against the dollar and now trades at $0.0551 or 0.00000090 BTC.
• Cosmos (ATOM) traded 0% lower against the dollar and now trades at $4.93 or 0.00008046 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Fetch.ai (FET) traded up 8.6% against the dollar and now trades at $0.92 or 0.00001498 BTC.
• Akash Network (AKT) traded down 2.6% against the dollar and now trades at $2.74 or 0.00004464 BTC.
• Theta Fuel (TFUEL) traded up 2.7% against the dollar and now trades at $0.0577 or 0.00000094 BTC.

Kava Profile

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,769 tokens. Kava’s official website is www.kava.io. 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.

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 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 Changelly, GDAX 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