Kava Hits One Day Trading Volume of $24.47 Million (KAVA)

Kava (KAVA) traded 2.4% lower against the dollar during the twenty-four hour period ending at 7:00 AM Eastern on December 8th. One Kava token can currently be purchased for about $0.69 or 0.00000696 BTC on cryptocurrency exchanges. During the last seven days, Kava has traded up 15% against the dollar. Kava has a market cap of $751.87 million and $24.47 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 0.9% against the dollar and now trades at $51.53 or 0.00051662 BTC.
• Hedera (HBAR) traded down 0.1% against the dollar and now trades at $0.33 or 0.00000335 BTC.
• NEAR Protocol (NEAR) traded 3.2% lower against the dollar and now trades at $7.60 or 0.00007623 BTC.
• Internet Computer (ICP) traded 4.9% lower against the dollar and now trades at $14.28 or 0.00014318 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.20 or 0.00000200 BTC.
• Fetch.ai (FET) traded 3.1% lower against the dollar and now trades at $2.04 or 0.00002040 BTC.
• Algorand (ALGO) traded up 4.5% against the dollar and now trades at $0.50 or 0.00000497 BTC.
• Cosmos (ATOM) traded 1.1% lower against the dollar and now trades at $10.22 or 0.00010245 BTC.
• Akash Network (AKT) traded 1% lower against the dollar and now trades at $4.59 or 0.00004612 BTC.
• Theta Fuel (TFUEL) traded down 3.7% against the dollar and now trades at $0.0911 or 0.00000091 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,853,887 tokens. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. The official message board for Kava is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible 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.”

Kava Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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