Kava (KAVA) Tops One Day Trading Volume of $11.79 Million

Kava (KAVA) traded 1.1% higher against the US dollar during the one day period ending at 11:00 AM E.T. on January 16th. One Kava token can currently be bought for approximately $0.0898 or 0.00000095 BTC on popular cryptocurrency exchanges. Kava has a market cap of $97.24 million and approximately $11.79 million worth of Kava was traded on exchanges in the last day. In the last seven days, Kava has traded 3.5% higher against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.10 or 0.00000107 BTC.
• Avalanche (AVAX) traded down 4.5% against the dollar and now trades at $13.33 or 0.00014054 BTC.
• Hedera (HBAR) traded 3.7% lower against the dollar and now trades at $0.12 or 0.00000122 BTC.
• Internet Computer (ICP) traded 0.3% lower against the dollar and now trades at $4.24 or 0.00004467 BTC.
• NEAR Protocol (NEAR) traded 2.4% lower against the dollar and now trades at $1.69 or 0.00001787 BTC.
• Cosmos (ATOM) traded 1.2% lower against the dollar and now trades at $2.45 or 0.00002583 BTC.
• Algorand (ALGO) traded down 4.2% against the dollar and now trades at $0.13 or 0.00000133 BTC.
• Fetch.ai (FET) traded down 1.8% against the dollar and now trades at $0.27 or 0.00000290 BTC.
• Theta Fuel (TFUEL) traded down 1% against the dollar and now trades at $0.0193 or 0.00000020 BTC.
• Akash Network (AKT) traded 1.7% lower against the dollar and now trades at $0.47 or 0.00000499 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 4th, 2019. Kava’s total supply is 1,082,847,624 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. 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.

According to CryptoCompare, “Kava Chain is a decentralized, permissionless, censorship-resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable between chains. Learn more about Cosmos. Learn more about Kava.‍Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced Decentralized Finance (DeFi) functionality like permissionless borrowing and lending.‍The KAVA token is an asset on the Kava Chain. Kava Chain is secured by its token KAVA and it is used across the full chain as a transport and a store of value. It is given as a reward for minting USDX on the Kava app.Blockchain data provided by: ATOMScan (total supply)”

Kava Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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