Kava (KAVA) Trading 28.4% Lower Over Last 7 Days

Kava (KAVA) traded up 4.4% against the dollar during the 1-day period ending at 20:00 PM ET on April 18th. Kava has a market capitalization of $721.11 million and approximately $18.69 million worth of Kava was traded on exchanges in the last day. In the last seven days, Kava has traded down 28.4% against the dollar. One Kava token can currently be bought for approximately $0.67 or 0.00001055 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 3.9% against the dollar and now trades at $34.60 or 0.00054817 BTC.
• NEAR Protocol (NEAR) traded 6.3% higher against the dollar and now trades at $5.69 or 0.00009017 BTC.
• Internet Computer (ICP) traded 8.2% higher against the dollar and now trades at $12.71 or 0.00020131 BTC.
• Cronos (CRO) traded up 1.3% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded up 2% against the dollar and now trades at $8.15 or 0.00012909 BTC.
• Hedera (HBAR) traded up 6% against the dollar and now trades at $0.0819 or 0.00000130 BTC.
• Fetch.ai (FET) traded up 3.1% against the dollar and now trades at $2.03 or 0.00003216 BTC.
• Algorand (ALGO) traded up 3.4% against the dollar and now trades at $0.17 or 0.00000274 BTC.
• Akash Network (AKT) traded 3.7% higher against the dollar and now trades at $3.89 or 0.00006129 BTC.
• Theta Fuel (TFUEL) traded 5.3% higher against the dollar and now trades at $0.0860 or 0.00000136 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,860,622 tokens. 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. The official message board for Kava is medium.com/kava-labs. 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.”

Buying and Selling Kava

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView