Kava (KAVA) Tops One Day Volume of $14.65 Million

Kava (KAVA) traded down 4.2% against the U.S. dollar during the 1 day period ending at 7:00 AM E.T. on October 17th. During the last seven days, Kava has traded up 7.4% against the U.S. dollar. Kava has a market capitalization of $383.47 million and $14.65 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be purchased for about $0.35 or 0.00000528 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $27.47 or 0.00040964 BTC.
• NEAR Protocol (NEAR) traded down 4.1% against the dollar and now trades at $4.77 or 0.00007116 BTC.
• Internet Computer (ICP) traded 3.1% lower against the dollar and now trades at $7.74 or 0.00011534 BTC.
• Cronos (CRO) traded down 1.3% against the dollar and now trades at $0.0774 or 0.00000115 BTC.
• Hedera (HBAR) traded down 5.8% against the dollar and now trades at $0.0511 or 0.00000076 BTC.
• Cosmos (ATOM) traded down 2.8% against the dollar and now trades at $4.33 or 0.00006460 BTC.
• Fetch.ai (FET) traded down 4.7% against the dollar and now trades at $1.38 or 0.00002056 BTC.
• Algorand (ALGO) traded 3.6% lower against the dollar and now trades at $0.12 or 0.00000178 BTC.
• Akash Network (AKT) traded down 4.3% against the dollar and now trades at $2.47 or 0.00003676 BTC.
• Theta Fuel (TFUEL) traded 1.7% lower against the dollar and now trades at $0.0604 or 0.00000090 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,682 tokens. Kava’s official message board is medium.com/kava-labs. Kava’s official website 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 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.”

Kava Token Trading

It is usually not 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 GDAX, Coinbase 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