Kava (KAVA) Self Reported Market Cap Reaches $448.01 Million

Kava (KAVA) traded 3.2% higher against the US dollar during the one day period ending at 8:00 AM Eastern on April 7th. Kava has a total market cap of $448.01 million and $39.43 million worth of Kava was traded on exchanges in the last day. One Kava token can now be bought for approximately $0.41 or 0.00000535 BTC on popular cryptocurrency exchanges. During the last seven days, Kava has traded down 3.5% against the US dollar.

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

• Cronos (CRO) traded down 11.8% against the dollar and now trades at $0.0803 or 0.00000104 BTC.
• Avalanche (AVAX) traded 7.8% lower against the dollar and now trades at $15.81 or 0.00020448 BTC.
• Hedera (HBAR) traded 11.1% lower against the dollar and now trades at $0.14 or 0.00000180 BTC.
• NEAR Protocol (NEAR) traded 13.5% lower against the dollar and now trades at $2.06 or 0.00002667 BTC.
• Internet Computer (ICP) traded down 8.4% against the dollar and now trades at $4.54 or 0.00005876 BTC.
• Cosmos (ATOM) traded 10.3% lower against the dollar and now trades at $4.25 or 0.00005491 BTC.
• Algorand (ALGO) traded down 10.2% against the dollar and now trades at $0.16 or 0.00000207 BTC.
• Fetch.ai (FET) traded 10.1% lower against the dollar and now trades at $0.38 or 0.00000486 BTC.
• Akash Network (AKT) traded 11.7% lower against the dollar and now trades at $0.93 or 0.00001217 BTC.
• Theta Fuel (TFUEL) traded 12.4% lower against the dollar and now trades at $0.0288 or 0.00000037 BTC.

About Kava

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,853,469 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. Kava’s official message board 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 presently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. 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