Kava (KAVA) 24-Hour Volume Tops $9.50 Million

Kava (KAVA) traded 2.8% lower against the US dollar during the 1-day period ending at 10:00 AM E.T. on July 28th. One Kava token can now be purchased for $0.41 or 0.00000612 BTC on popular exchanges. In the last seven days, Kava has traded down 1.8% against the US dollar. Kava has a market cap of $449.28 million and $9.50 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded down 6.3% against the dollar and now trades at $27.45 or 0.00040488 BTC.
• NEAR Protocol (NEAR) traded down 6.1% against the dollar and now trades at $5.47 or 0.00008070 BTC.
• Internet Computer (ICP) traded 2.8% lower against the dollar and now trades at $9.52 or 0.00014043 BTC.
• Cosmos (ATOM) traded 0.4% higher against the dollar and now trades at $6.36 or 0.00009380 BTC.
• Hedera (HBAR) traded 2.2% lower against the dollar and now trades at $0.0680 or 0.00000100 BTC.
• Cronos (CRO) traded 1.5% lower against the dollar and now trades at $0.0903 or 0.00000133 BTC.
• Fetch.ai (FET) traded 5.5% lower against the dollar and now trades at $1.25 or 0.00001838 BTC.
• Algorand (ALGO) traded down 3.5% against the dollar and now trades at $0.14 or 0.00000206 BTC.
• Akash Network (AKT) traded 2.1% lower against the dollar and now trades at $3.20 or 0.00004716 BTC.
• Theta Fuel (TFUEL) traded 2.3% lower against the dollar and now trades at $0.0685 or 0.00000101 BTC.

Kava Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,855,128 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 website for Kava is www.kava.io. Kava’s official message board is medium.com/kava-labs.

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 acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase 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