Kava (KAVA) Self Reported Market Capitalization Hits $754.31 Million

Kava (KAVA) traded up 1.4% against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on May 5th. Over the last seven days, Kava has traded down 0.4% against the U.S. dollar. Kava has a total market cap of $754.31 million and approximately $11.57 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for $0.70 or 0.00001083 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded up 2.4% against the dollar and now trades at $37.52 or 0.00058359 BTC.
• NEAR Protocol (NEAR) traded up 8.3% against the dollar and now trades at $7.49 or 0.00011643 BTC.
• Internet Computer (ICP) traded 1.2% lower against the dollar and now trades at $13.15 or 0.00020449 BTC.
• Hedera (HBAR) traded up 0.5% against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cosmos (ATOM) traded up 5.8% against the dollar and now trades at $9.28 or 0.00014440 BTC.
• Cronos (CRO) traded down 0.4% against the dollar and now trades at $0.13 or 0.00000208 BTC.
• Fetch.ai (FET) traded 6% higher against the dollar and now trades at $2.34 or 0.00003641 BTC.
• Algorand (ALGO) traded 2.1% higher against the dollar and now trades at $0.20 or 0.00000309 BTC.
• Akash Network (AKT) traded 12.2% higher against the dollar and now trades at $4.82 or 0.00007491 BTC.
• Theta Fuel (TFUEL) traded up 0.3% against the dollar and now trades at $0.11 or 0.00000172 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,860,342 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official website is www.kava.io. Kava’s official message board 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.”

Buying and Selling Kava

It is usually not currently 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, GDAX or Gemini. 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