Kava Price Down 3.5% Over Last 7 Days (KAVA)

Kava (KAVA) traded up 3% against the US dollar during the 1 day period ending at 7:00 AM ET on February 10th. Kava has a total market cap of $519.92 million and $22.27 million worth of Kava was traded on exchanges in the last 24 hours. During the last week, Kava has traded 3.5% lower against the US dollar. One Kava token can now be purchased for approximately $0.48 or 0.00000492 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded up 1.4% against the dollar and now trades at $25.38 or 0.00026033 BTC.
• Hedera (HBAR) traded up 1% against the dollar and now trades at $0.24 or 0.00000244 BTC.
• NEAR Protocol (NEAR) traded 2.3% lower against the dollar and now trades at $3.23 or 0.00003313 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $7.08 or 0.00007264 BTC.
• Cronos (CRO) traded 2.6% lower against the dollar and now trades at $0.0928 or 0.00000095 BTC.
• Algorand (ALGO) traded 4.3% higher against the dollar and now trades at $0.29 or 0.00000296 BTC.
• Fetch.ai (FET) traded 2.1% higher against the dollar and now trades at $0.78 or 0.00000801 BTC.
• Cosmos (ATOM) traded up 1.6% against the dollar and now trades at $4.70 or 0.00004818 BTC.
• Akash Network (AKT) traded down 2.7% against the dollar and now trades at $1.93 or 0.00001981 BTC.
• Theta Fuel (TFUEL) traded 17.9% higher against the dollar and now trades at $0.0558 or 0.00000057 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,853,808 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official website for Kava is www.kava.io. 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.

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, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView