Kava (KAVA) Price Down 7.7% Over Last Week

Kava (KAVA) traded 5.4% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM Eastern on February 25th. In the last week, Kava has traded 7.7% lower against the U.S. dollar. Kava has a market capitalization of $54.16 million and $2.58 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be bought for approximately $0.0500 or 0.00000074 BTC on cryptocurrency exchanges.

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

• Cronos (CRO) traded 5.4% higher against the dollar and now trades at $0.0789 or 0.00000117 BTC.
• Hedera (HBAR) traded up 6% against the dollar and now trades at $0.10 or 0.00000150 BTC.
• Avalanche (AVAX) traded up 14.1% against the dollar and now trades at $9.58 or 0.00014167 BTC.
• NEAR Protocol (NEAR) traded up 13% against the dollar and now trades at $1.11 or 0.00001643 BTC.
• Internet Computer (ICP) traded 9.4% higher against the dollar and now trades at $2.33 or 0.00003443 BTC.
• Cosmos (ATOM) traded 2.1% higher against the dollar and now trades at $2.09 or 0.00003095 BTC.
• Algorand (ALGO) traded 8.2% higher against the dollar and now trades at $0.0915 or 0.00000135 BTC.
• Fetch.ai (FET) traded up 7.4% against the dollar and now trades at $0.17 or 0.00000248 BTC.
• PayProtocol Paycoin (PCI) traded 2.3% higher against the dollar and now trades at $0.0595 or 0.00000090 BTC.
• Theta Fuel (TFUEL) traded up 5.5% against the dollar and now trades at $0.0143 or 0.00000021 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It was first traded on November 4th, 2019. Kava’s total supply is 1,082,847,302 tokens. The official website for Kava is www.kava.io. The official message board for Kava 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 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 purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView