Kava Self Reported Market Cap Hits $393.41 Million (KAVA)

Kava (KAVA) traded 4.7% lower against the dollar during the 24-hour period ending at 21:00 PM E.T. on September 30th. In the last week, Kava has traded down 4.3% against the dollar. Kava has a total market capitalization of $393.41 million and approximately $13.83 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be bought for about $0.36 or 0.00000574 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded down 2.6% against the dollar and now trades at $27.84 or 0.00043965 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $5.29 or 0.00008354 BTC.
• Internet Computer (ICP) traded 4% lower against the dollar and now trades at $9.02 or 0.00014237 BTC.
• Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0837 or 0.00000132 BTC.
• Hedera (HBAR) traded down 4.8% against the dollar and now trades at $0.0576 or 0.00000091 BTC.
• Cosmos (ATOM) traded down 4.6% against the dollar and now trades at $4.74 or 0.00007482 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.54 or 0.00002425 BTC.
• Algorand (ALGO) traded 3.3% lower against the dollar and now trades at $0.13 or 0.00000213 BTC.
• Akash Network (AKT) traded 6.5% lower against the dollar and now trades at $2.77 or 0.00004352 BTC.
• Theta Fuel (TFUEL) traded 8.1% lower against the dollar and now trades at $0.0663 or 0.00000105 BTC.

About Kava

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,731 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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.

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 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 Coinbase, Gemini or GDAX. 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