Kava (KAVA) Trading 18.5% Higher This Week

Kava (KAVA) traded down 2.8% against the dollar during the 24-hour period ending at 7:00 AM Eastern on November 18th. Kava has a total market cap of $492.24 million and $131.62 million worth of Kava was traded on exchanges in the last 24 hours. During the last seven days, Kava has traded 18.5% higher against the dollar. One Kava token can currently be bought for about $0.45 or 0.00000504 BTC on exchanges.

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

• Avalanche (AVAX) traded down 4.5% against the dollar and now trades at $34.75 or 0.00038512 BTC.
• NEAR Protocol (NEAR) traded 2% lower against the dollar and now trades at $5.76 or 0.00006380 BTC.
• Cronos (CRO) traded 14.3% higher against the dollar and now trades at $0.18 or 0.00000201 BTC.
• Internet Computer (ICP) traded down 3.8% against the dollar and now trades at $9.09 or 0.00010068 BTC.
• Hedera (HBAR) traded up 31.4% against the dollar and now trades at $0.11 or 0.00000123 BTC.
• Fetch.ai (FET) traded up 0.3% against the dollar and now trades at $1.28 or 0.00001419 BTC.
• Cosmos (ATOM) traded 5.2% higher against the dollar and now trades at $6.12 or 0.00006785 BTC.
• Algorand (ALGO) traded 13.2% higher against the dollar and now trades at $0.21 or 0.00000238 BTC.
• Akash Network (AKT) traded up 18.1% against the dollar and now trades at $3.81 or 0.00004177 BTC.
• Theta Fuel (TFUEL) traded up 1.6% against the dollar and now trades at $0.0691 or 0.00000077 BTC.

Kava Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,221 tokens. 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. 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 possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView