Kava (KAVA) Price Up 18.7% This Week

Kava (KAVA) traded up 2.6% against the U.S. dollar during the one day period ending at 22:00 PM Eastern on April 23rd. Over the last week, Kava has traded 18.7% higher against the U.S. dollar. One Kava token can now be purchased for $0.76 or 0.00001145 BTC on major exchanges. Kava has a market capitalization of $826.42 million and approximately $18.26 million worth of Kava was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 1% lower against the dollar and now trades at $39.01 or 0.00058537 BTC.
• NEAR Protocol (NEAR) traded 1.7% lower against the dollar and now trades at $6.96 or 0.00010449 BTC.
• Internet Computer (ICP) traded 2.7% lower against the dollar and now trades at $14.69 or 0.00022042 BTC.
• Hedera (HBAR) traded up 78.6% against the dollar and now trades at $0.16 or 0.00000243 BTC.
• Cronos (CRO) traded down 1.6% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded down 2.5% against the dollar and now trades at $8.73 or 0.00013106 BTC.
• Fetch.ai (FET) traded 2% lower against the dollar and now trades at $2.46 or 0.00003690 BTC.
• Algorand (ALGO) traded 5% higher against the dollar and now trades at $0.20 or 0.00000307 BTC.
• Akash Network (AKT) traded 24.9% higher against the dollar and now trades at $5.09 or 0.00007681 BTC.
• Theta Fuel (TFUEL) traded down 3.2% against the dollar and now trades at $0.11 or 0.00000168 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on 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. 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. 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 presently 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 Coinbase, GDAX or Changelly. 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