Kava (KAVA) Price Down 10.1% This Week

Kava (KAVA) traded 5% higher against the dollar during the 24-hour period ending at 14:00 PM Eastern on November 5th. Kava has a market cap of $338.39 million and $9.40 million worth of Kava was traded on exchanges in the last day. Over the last week, Kava has traded 10.1% lower against the dollar. One Kava token can currently be bought for $0.31 or 0.00000446 BTC on major exchanges.

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

• Avalanche (AVAX) traded up 5.6% against the dollar and now trades at $24.23 or 0.00034597 BTC.
• NEAR Protocol (NEAR) traded up 6.9% against the dollar and now trades at $3.86 or 0.00005507 BTC.
• Internet Computer (ICP) traded up 4.1% against the dollar and now trades at $7.38 or 0.00010542 BTC.
• Fetch.ai (FET) traded 10.6% higher against the dollar and now trades at $1.25 or 0.00001783 BTC.
• Cronos (CRO) traded up 2.7% against the dollar and now trades at $0.0728 or 0.00000104 BTC.
• Hedera (HBAR) traded up 6.8% against the dollar and now trades at $0.0454 or 0.00000065 BTC.
• Cosmos (ATOM) traded 6.2% higher against the dollar and now trades at $4.16 or 0.00005941 BTC.
• Algorand (ALGO) traded up 6.4% against the dollar and now trades at $0.11 or 0.00000164 BTC.
• Akash Network (AKT) traded up 7.4% against the dollar and now trades at $2.32 or 0.00003309 BTC.
• Theta Fuel (TFUEL) traded up 3.2% against the dollar and now trades at $0.0509 or 0.00000073 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,258 tokens. 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 message board is medium.com/kava-labs. 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 presently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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