Kava (KAVA) Self Reported Market Capitalization Reaches $1.13 Billion

Kava (KAVA) traded up 4.8% against the dollar during the one day period ending at 0:00 AM ET on March 29th. One Kava token can currently be purchased for approximately $1.05 or 0.00001500 BTC on major exchanges. Over the last seven days, Kava has traded 15.2% higher against the dollar. Kava has a market cap of $1.13 billion and approximately $46.47 million worth of Kava was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded down 1.6% against the dollar and now trades at $53.32 or 0.00076284 BTC.
• Internet Computer (ICP) traded 1% higher against the dollar and now trades at $17.81 or 0.00025485 BTC.
• NEAR Protocol (NEAR) traded up 1.6% against the dollar and now trades at $7.19 or 0.00010283 BTC.
• Cosmos (ATOM) traded up 3.5% against the dollar and now trades at $12.62 or 0.00018060 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.15 or 0.00000219 BTC.
• Hedera (HBAR) traded 0.3% higher against the dollar and now trades at $0.11 or 0.00000165 BTC.
• Fetch.ai (FET) traded down 5.7% against the dollar and now trades at $3.04 or 0.00004355 BTC.
• Algorand (ALGO) traded 1.8% lower against the dollar and now trades at $0.27 or 0.00000381 BTC.
• Akash Network (AKT) traded down 2.7% against the dollar and now trades at $5.18 or 0.00007411 BTC.
• Theta Fuel (TFUEL) traded up 0.1% against the dollar and now trades at $0.0836 or 0.00000120 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,860,628 tokens and its circulating supply is 1,082,860,629 tokens. Kava’s official website is www.kava.io. 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.

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 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 GDAX, Gemini or Coinbase. 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