Kava (KAVA) Price Hits $0.71 on Major Exchanges

Kava (KAVA) traded down 7.9% against the US dollar during the one day period ending at 7:00 AM Eastern on April 25th. Kava has a total market capitalization of $766.09 million and approximately $29.22 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be purchased for approximately $0.71 or 0.00001110 BTC on exchanges. During the last seven days, Kava has traded up 7.2% against the US dollar.

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

• Avalanche (AVAX) traded 10% lower against the dollar and now trades at $35.15 or 0.00055153 BTC.
• NEAR Protocol (NEAR) traded down 5.3% against the dollar and now trades at $6.67 or 0.00010464 BTC.
• Internet Computer (ICP) traded down 7.8% against the dollar and now trades at $13.52 or 0.00021209 BTC.
• Hedera (HBAR) traded 13% lower against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Cronos (CRO) traded down 4.7% against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Cosmos (ATOM) traded down 5.9% against the dollar and now trades at $8.31 or 0.00013032 BTC.
• Fetch.ai (FET) traded 11.2% lower against the dollar and now trades at $2.25 or 0.00003523 BTC.
• Algorand (ALGO) traded down 11.8% against the dollar and now trades at $0.20 or 0.00000317 BTC.
• Akash Network (AKT) traded down 10.1% against the dollar and now trades at $4.70 or 0.00007390 BTC.
• Theta Fuel (TFUEL) traded 0.8% lower against the dollar and now trades at $0.12 or 0.00000182 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,860,357 tokens. Kava’s official message board 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. 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 U.S. dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView