Kava (KAVA) Achieves Self Reported Market Capitalization of $500.68 Million

Kava (KAVA) traded 0.7% higher against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on January 21st. Kava has a market cap of $500.68 million and $34.14 million worth of Kava was traded on exchanges in the last 24 hours. During the last week, Kava has traded 0.5% lower against the U.S. dollar. One Kava token can currently be bought for $0.46 or 0.00000445 BTC on popular cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 3.4% lower against the dollar and now trades at $36.43 or 0.00035089 BTC.
• Hedera (HBAR) traded down 8% against the dollar and now trades at $0.34 or 0.00000324 BTC.
• NEAR Protocol (NEAR) traded 4.4% lower against the dollar and now trades at $5.11 or 0.00004927 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $9.75 or 0.00009391 BTC.
• Algorand (ALGO) traded down 6.9% against the dollar and now trades at $0.43 or 0.00000412 BTC.
• Cronos (CRO) traded 0.9% lower against the dollar and now trades at $0.13 or 0.00000128 BTC.
• Fetch.ai (FET) traded down 3.4% against the dollar and now trades at $1.20 or 0.00001157 BTC.
• Cosmos (ATOM) traded 2.2% lower against the dollar and now trades at $6.12 or 0.00005891 BTC.
• Akash Network (AKT) traded 0.3% lower against the dollar and now trades at $2.88 or 0.00002778 BTC.
• Theta Fuel (TFUEL) traded 1% lower against the dollar and now trades at $0.0638 or 0.00000062 BTC.

Kava Profile

Kava uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,853,842 tokens. Kava’s official website is www.kava.io. 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. 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 purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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