Kava Achieves Self Reported Market Cap of $399.82 Million (KAVA)

Kava (KAVA) traded 5.2% lower against the dollar during the twenty-four hour period ending at 14:00 PM Eastern on September 30th. Kava has a total market capitalization of $399.82 million and $15.08 million worth of Kava was traded on exchanges in the last day. One Kava token can now be bought for about $0.37 or 0.00000582 BTC on major exchanges. During the last week, Kava has traded down 1.8% against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded down 3% against the dollar and now trades at $28.16 or 0.00044349 BTC.
• NEAR Protocol (NEAR) traded down 3% against the dollar and now trades at $5.43 or 0.00008556 BTC.
• Internet Computer (ICP) traded down 6% against the dollar and now trades at $9.14 or 0.00014401 BTC.
• Cronos (CRO) traded 2.4% lower against the dollar and now trades at $0.0845 or 0.00000133 BTC.
• Hedera (HBAR) traded 4.7% lower against the dollar and now trades at $0.0589 or 0.00000093 BTC.
• Cosmos (ATOM) traded 5.2% lower against the dollar and now trades at $4.82 or 0.00007599 BTC.
• Fetch.ai (FET) traded down 4% against the dollar and now trades at $1.56 or 0.00002462 BTC.
• Algorand (ALGO) traded down 4.1% against the dollar and now trades at $0.14 or 0.00000215 BTC.
• Akash Network (AKT) traded down 6% against the dollar and now trades at $2.78 or 0.00004388 BTC.
• Theta Fuel (TFUEL) traded 4.3% lower against the dollar and now trades at $0.0669 or 0.00000105 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,731 tokens. The official website for Kava 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 message board is medium.com/kava-labs. 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.”

Buying and Selling Kava

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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