Kava (KAVA) Self Reported Market Cap Achieves $606.37 Million

Kava (KAVA) traded up 0.3% against the U.S. dollar during the 24-hour period ending at 20:00 PM Eastern on June 16th. Over the last seven days, Kava has traded 13.3% lower against the U.S. dollar. One Kava token can currently be purchased for approximately $0.56 or 0.00000840 BTC on major cryptocurrency exchanges. Kava has a market cap of $606.37 million and approximately $7.18 million worth of Kava was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

  • Avalanche (AVAX) traded 0% higher against the dollar and now trades at $29.97 or 0.00044984 BTC.
  • NEAR Protocol (NEAR) traded 0.6% higher against the dollar and now trades at $5.65 or 0.00008478 BTC.
  • Internet Computer (ICP) traded up 5.6% against the dollar and now trades at $9.60 or 0.00014413 BTC.
  • Hedera (HBAR) traded up 1.6% against the dollar and now trades at $0.0862 or 0.00000129 BTC.
  • Cosmos (ATOM) traded 0.9% higher against the dollar and now trades at $7.21 or 0.00010822 BTC.
  • Cronos (CRO) traded 1.4% lower against the dollar and now trades at $0.0987 or 0.00000148 BTC.
  • Fetch.ai (FET) traded up 0.8% against the dollar and now trades at $1.47 or 0.00002209 BTC.
  • Algorand (ALGO) traded up 1.8% against the dollar and now trades at $0.16 or 0.00000233 BTC.
  • Akash Network (AKT) traded 3.1% lower against the dollar and now trades at $3.35 or 0.00005028 BTC.
  • Theta Fuel (TFUEL) traded up 3.7% against the dollar and now trades at $0.0821 or 0.00000123 BTC.

Kava Profile

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,856,222 tokens. 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. Kava’s official message board is medium.com/kava-labs.

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.”

Kava Token Trading

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

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