Kava Achieves Self Reported Market Cap of $502.11 Million (KAVA)

Kava (KAVA) traded 0.9% higher against the US dollar during the 1-day period ending at 12:00 PM Eastern on June 21st. During the last seven days, Kava has traded down 17.8% against the US dollar. Kava has a market capitalization of $502.11 million and $10.71 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be purchased for about $0.46 or 0.00000731 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • Avalanche (AVAX) traded 0.3% lower against the dollar and now trades at $27.34 or 0.00043114 BTC.
  • NEAR Protocol (NEAR) traded 2.6% higher against the dollar and now trades at $5.29 or 0.00008349 BTC.
  • Internet Computer (ICP) traded down 0.9% against the dollar and now trades at $8.26 or 0.00013033 BTC.
  • Hedera (HBAR) traded 2.7% lower against the dollar and now trades at $0.0795 or 0.00000125 BTC.
  • Cosmos (ATOM) traded 1.4% lower against the dollar and now trades at $6.80 or 0.00010732 BTC.
  • Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0930 or 0.00000147 BTC.
  • Fetch.ai (FET) traded 4.1% lower against the dollar and now trades at $1.57 or 0.00002469 BTC.
  • Algorand (ALGO) traded down 0.6% against the dollar and now trades at $0.14 or 0.00000220 BTC.
  • Akash Network (AKT) traded 4.9% lower against the dollar and now trades at $2.95 or 0.00004618 BTC.
  • Theta Fuel (TFUEL) traded up 0.1% against the dollar and now trades at $0.0725 or 0.00000114 BTC.

Kava Token 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. 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. The official message board for Kava is medium.com/kava-labs. The official website for Kava 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 presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

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