Kava (KAVA) Self Reported Market Capitalization Achieves $318.33 Million

Kava (KAVA) traded 3.7% lower against the dollar during the 1-day period ending at 18:00 PM Eastern on November 4th. One Kava token can currently be bought for about $0.29 or 0.00000433 BTC on popular exchanges. Over the last seven days, Kava has traded 10.5% lower against the dollar. Kava has a market cap of $318.33 million and $9.12 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 3.4% lower against the dollar and now trades at $22.75 or 0.00033511 BTC.
• NEAR Protocol (NEAR) traded down 2.4% against the dollar and now trades at $3.60 or 0.00005304 BTC.
• Internet Computer (ICP) traded down 1.9% against the dollar and now trades at $7.01 or 0.00010331 BTC.
• Fetch.ai (FET) traded 2% lower against the dollar and now trades at $1.12 or 0.00001655 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.0703 or 0.00000104 BTC.
• Hedera (HBAR) traded down 0.8% against the dollar and now trades at $0.0425 or 0.00000063 BTC.
• Cosmos (ATOM) traded down 1.7% against the dollar and now trades at $3.91 or 0.00005758 BTC.
• Algorand (ALGO) traded 0.4% lower against the dollar and now trades at $0.11 or 0.00000160 BTC.
• Akash Network (AKT) traded 4.4% lower against the dollar and now trades at $2.17 or 0.00003202 BTC.
• Theta Fuel (TFUEL) traded down 0.5% against the dollar and now trades at $0.0486 or 0.00000072 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,258 tokens. 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. 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 presently possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView