Kava (KAVA) Self Reported Market Cap Achieves $694.92 Million

Kava (KAVA) traded up 1% against the U.S. dollar during the 1 day period ending at 13:00 PM Eastern on April 16th. In the last seven days, Kava has traded down 34.4% against the U.S. dollar. One Kava token can currently be purchased for $0.64 or 0.00001020 BTC on major cryptocurrency exchanges. Kava has a market cap of $694.92 million and $25.26 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded down 3.1% against the dollar and now trades at $34.39 or 0.00054682 BTC.
• NEAR Protocol (NEAR) traded up 4.1% against the dollar and now trades at $5.41 or 0.00008598 BTC.
• Internet Computer (ICP) traded 1.5% lower against the dollar and now trades at $12.18 or 0.00019362 BTC.
• Cronos (CRO) traded 1% lower against the dollar and now trades at $0.13 or 0.00000199 BTC.
• Cosmos (ATOM) traded down 0.1% against the dollar and now trades at $8.09 or 0.00012867 BTC.
• Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.0798 or 0.00000127 BTC.
• Fetch.ai (FET) traded 2.9% lower against the dollar and now trades at $2.04 or 0.00003245 BTC.
• Algorand (ALGO) traded up 1.4% against the dollar and now trades at $0.17 or 0.00000275 BTC.
• Akash Network (AKT) traded 4.9% lower against the dollar and now trades at $3.55 or 0.00005631 BTC.
• Theta Fuel (TFUEL) traded down 3.4% against the dollar and now trades at $0.0842 or 0.00000134 BTC.

Kava Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,860,628 tokens and its circulating supply is 1,082,860,629 tokens. The official message board for Kava is medium.com/kava-labs. The official website for Kava 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 acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX 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