Kava Tops 24 Hour Trading Volume of $25.07 Million (KAVA)

Kava (KAVA) traded 2.9% higher against the U.S. dollar during the twenty-four hour period ending at 7:00 AM E.T. on November 22nd. One Kava token can now be bought for $0.46 or 0.00000469 BTC on major exchanges. Kava has a market cap of $502.53 million and $25.07 million worth of Kava was traded on exchanges in the last 24 hours. During the last seven days, Kava has traded up 19.8% against the U.S. dollar.

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

• Avalanche (AVAX) traded 10.6% higher against the dollar and now trades at $37.53 or 0.00037970 BTC.
• NEAR Protocol (NEAR) traded 4.2% higher against the dollar and now trades at $5.67 or 0.00005741 BTC.
• Hedera (HBAR) traded up 12.5% against the dollar and now trades at $0.14 or 0.00000139 BTC.
• Cronos (CRO) traded up 9.2% against the dollar and now trades at $0.19 or 0.00000195 BTC.
• Internet Computer (ICP) traded 9.1% higher against the dollar and now trades at $9.76 or 0.00009875 BTC.
• Fetch.ai (FET) traded up 3.9% against the dollar and now trades at $1.26 or 0.00001277 BTC.
• Cosmos (ATOM) traded 11.7% higher against the dollar and now trades at $6.84 or 0.00006916 BTC.
• Algorand (ALGO) traded up 17.4% against the dollar and now trades at $0.24 or 0.00000246 BTC.
• Akash Network (AKT) traded up 1.8% against the dollar and now trades at $3.77 or 0.00003825 BTC.
• Theta Fuel (TFUEL) traded up 2.2% against the dollar and now trades at $0.0671 or 0.00000068 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,221 tokens. The official message board for Kava 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. Kava’s official website is www.kava.io.

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 acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView