Kava (KAVA) Price Hits $0.46

Kava (KAVA) traded down 0.8% against the US dollar during the one day period ending at 7:00 AM ET on June 26th. During the last seven days, Kava has traded up 0.6% against the US dollar. One Kava token can now be bought for about $0.46 or 0.00000754 BTC on popular exchanges. Kava has a total market capitalization of $500.26 million and $8.19 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 2.9% against the dollar and now trades at $26.01 or 0.00042465 BTC.
• NEAR Protocol (NEAR) traded 5.5% lower against the dollar and now trades at $5.27 or 0.00008604 BTC.
• Internet Computer (ICP) traded 1.2% higher against the dollar and now trades at $8.24 or 0.00013458 BTC.
• Hedera (HBAR) traded down 3.5% against the dollar and now trades at $0.0775 or 0.00000127 BTC.
• Cosmos (ATOM) traded 2% lower against the dollar and now trades at $6.82 or 0.00011134 BTC.
• Cronos (CRO) traded 1.1% lower against the dollar and now trades at $0.0902 or 0.00000147 BTC.
• Fetch.ai (FET) traded up 2.9% against the dollar and now trades at $1.70 or 0.00002776 BTC.
• Algorand (ALGO) traded up 1.7% against the dollar and now trades at $0.14 or 0.00000231 BTC.
• Akash Network (AKT) traded up 5.1% against the dollar and now trades at $3.21 or 0.00005237 BTC.
• Theta Fuel (TFUEL) traded up 1.5% against the dollar and now trades at $0.0752 or 0.00000123 BTC.

About 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 website is www.kava.io. The official message board for Kava is medium.com/kava-labs. 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.”

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 aforementioned exchanges.

KAVA/USD price chart by TradingView