Kava Trading Down 11.4% Over Last 7 Days (KAVA)

Kava (KAVA) traded down 0.7% against the dollar during the twenty-four hour period ending at 17:00 PM ET on June 24th. One Kava token can now be bought for approximately $0.45 or 0.00000754 BTC on popular cryptocurrency exchanges. Kava has a market capitalization of $487.88 million and $13.35 million worth of Kava was traded on exchanges in the last day. In the last week, Kava has traded 11.4% lower against the dollar.

Here is how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded down 2.7% against the dollar and now trades at $24.37 or 0.00040775 BTC.
• NEAR Protocol (NEAR) traded 2.6% higher against the dollar and now trades at $5.33 or 0.00008911 BTC.
• Internet Computer (ICP) traded 0.8% lower against the dollar and now trades at $7.89 or 0.00013195 BTC.
• Hedera (HBAR) traded 2.5% lower against the dollar and now trades at $0.0754 or 0.00000126 BTC.
• Cosmos (ATOM) traded 0.9% higher against the dollar and now trades at $6.77 or 0.00011333 BTC.
• Cronos (CRO) traded down 4.6% against the dollar and now trades at $0.0875 or 0.00000146 BTC.
• Fetch.ai (FET) traded up 6.7% against the dollar and now trades at $1.51 or 0.00002529 BTC.
• Algorand (ALGO) traded 0.2% lower against the dollar and now trades at $0.13 or 0.00000223 BTC.
• Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $2.87 or 0.00004843 BTC.
• Theta Fuel (TFUEL) traded 8.2% lower against the dollar and now trades at $0.0698 or 0.00000117 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,856,222 tokens. The official message board for Kava is medium.com/kava-labs. The official website for Kava is www.kava.io. 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.”

Buying and Selling Kava

It is usually not presently possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView