Kava Hits 1-Day Volume of $21.95 Million (KAVA)

Kava (KAVA) traded 1.5% higher against the dollar during the 24-hour period ending at 0:00 AM Eastern on April 17th. One Kava token can now be purchased for approximately $0.65 or 0.00001054 BTC on exchanges. During the last seven days, Kava has traded down 30.2% against the dollar. Kava has a total market cap of $707.19 million and approximately $21.95 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $34.38 or 0.00055461 BTC.
• NEAR Protocol (NEAR) traded 1.7% higher against the dollar and now trades at $5.45 or 0.00008787 BTC.
• Internet Computer (ICP) traded down 0.3% against the dollar and now trades at $12.17 or 0.00019633 BTC.
• Cronos (CRO) traded 3.3% lower against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded up 0.4% against the dollar and now trades at $8.15 or 0.00013141 BTC.
• Hedera (HBAR) traded 0.4% higher against the dollar and now trades at $0.0798 or 0.00000129 BTC.
• Fetch.ai (FET) traded 1.9% lower against the dollar and now trades at $2.00 or 0.00003224 BTC.
• Algorand (ALGO) traded down 1.3% against the dollar and now trades at $0.17 or 0.00000275 BTC.
• Akash Network (AKT) traded down 6.1% against the dollar and now trades at $3.76 or 0.00006129 BTC.
• Theta Fuel (TFUEL) traded up 0% against the dollar and now trades at $0.0851 or 0.00000137 BTC.

About Kava

Kava (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. Kava’s official website is www.kava.io. 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.

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

KAVA/USD price chart by TradingView