Kava Achieves Self Reported Market Cap of $395.17 Million (KAVA)

Kava (KAVA) traded 1.5% higher against the U.S. dollar during the 24-hour period ending at 9:00 AM E.T. on October 19th. During the last week, Kava has traded up 4.5% against the U.S. dollar. One Kava token can now be bought for about $0.36 or 0.00000536 BTC on major cryptocurrency exchanges. Kava has a total market cap of $395.17 million and $10.52 million worth of Kava was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

  • Avalanche (AVAX) traded up 1% against the dollar and now trades at $27.83 or 0.00040854 BTC.
  • NEAR Protocol (NEAR) traded up 0.8% against the dollar and now trades at $4.80 or 0.00007051 BTC.
  • Internet Computer (ICP) traded up 1.6% against the dollar and now trades at $7.98 or 0.00011716 BTC.
  • Cronos (CRO) traded up 1.5% against the dollar and now trades at $0.0785 or 0.00000115 BTC.
  • Hedera (HBAR) traded 3.8% higher against the dollar and now trades at $0.0530 or 0.00000078 BTC.
  • Cosmos (ATOM) traded up 1.7% against the dollar and now trades at $4.39 or 0.00006449 BTC.
  • Fetch.ai (FET) traded up 0.6% against the dollar and now trades at $1.39 or 0.00002047 BTC.
  • Algorand (ALGO) traded 2.4% higher against the dollar and now trades at $0.12 or 0.00000182 BTC.
  • Akash Network (AKT) traded 0.4% lower against the dollar and now trades at $2.47 or 0.00003616 BTC.
  • Theta Fuel (TFUEL) traded up 2% against the dollar and now trades at $0.0616 or 0.00000090 BTC.

About Kava

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,679 tokens. Kava’s official message board is medium.com/kava-labs. Kava’s official website 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 buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the aforementioned exchanges.

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