Kava (KAVA) Trading 1.8% Higher This Week

Kava (KAVA) traded 2.7% lower against the US dollar during the 1-day period ending at 17:00 PM Eastern on November 17th. One Kava token can currently be purchased for $0.78 or 0.00002133 BTC on popular cryptocurrency exchanges. In the last week, Kava has traded up 1.8% against the US dollar. Kava has a total market cap of $732.57 million and approximately $23.80 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 2.5% against the dollar and now trades at $21.73 or 0.00059516 BTC.
• Cosmos (ATOM) traded 5.9% lower against the dollar and now trades at $9.19 or 0.00025180 BTC.
• Cronos (CRO) traded 1% higher against the dollar and now trades at $0.0981 or 0.00000269 BTC.
• Hedera (HBAR) traded up 1.2% against the dollar and now trades at $0.0624 or 0.00000171 BTC.
• Internet Computer (ICP) traded down 2.6% against the dollar and now trades at $4.29 or 0.00011749 BTC.
• NEAR Protocol (NEAR) traded 3.4% higher against the dollar and now trades at $1.82 or 0.00004992 BTC.
• Algorand (ALGO) traded down 2.8% against the dollar and now trades at $0.13 or 0.00000364 BTC.
• Fetch.ai (FET) traded 0.9% lower against the dollar and now trades at $0.44 or 0.00001198 BTC.
• Theta Fuel (TFUEL) traded 1.5% lower against the dollar and now trades at $0.0442 or 0.00000121 BTC.
• Akash Network (AKT) traded down 6.9% against the dollar and now trades at $1.02 or 0.00002817 BTC.

About Kava

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 940,862,747 tokens and its circulating supply is 940,850,300 tokens. The official message board for Kava is medium.com/kava-labs. 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 website is www.kava.io.

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.”

Kava Token Trading

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

KAVA/USD price chart by TradingView