Kava (KAVA) Self Reported Market Capitalization Hits $67.32 Million

Kava (KAVA) traded down 1.4% against the dollar during the 1-day period ending at 11:00 AM Eastern on February 1st. Kava has a market cap of $67.32 million and $6.38 million worth of Kava was traded on exchanges in the last day. One Kava token can now be purchased for about $0.0622 or 0.00000080 BTC on cryptocurrency exchanges. During the last seven days, Kava has traded 19.9% lower against the dollar.

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

• Cronos (CRO) traded down 0.7% against the dollar and now trades at $0.0791 or 0.00000102 BTC.
• Avalanche (AVAX) traded down 3% against the dollar and now trades at $9.86 or 0.00012728 BTC.
• Hedera (HBAR) traded 3% lower against the dollar and now trades at $0.0887 or 0.00000115 BTC.
• Internet Computer (ICP) traded down 5.4% against the dollar and now trades at $2.64 or 0.00003407 BTC.
• NEAR Protocol (NEAR) traded 5.5% lower against the dollar and now trades at $1.17 or 0.00001511 BTC.
• Cosmos (ATOM) traded down 4.1% against the dollar and now trades at $1.91 or 0.00002471 BTC.
• Algorand (ALGO) traded 2.2% lower against the dollar and now trades at $0.10 or 0.00000130 BTC.
• Fetch.ai (FET) traded down 2.9% against the dollar and now trades at $0.18 or 0.00000238 BTC.
• PayProtocol Paycoin (PCI) traded up 5% against the dollar and now trades at $0.0654 or 0.00000085 BTC.
• Theta Fuel (TFUEL) traded up 0.1% against the dollar and now trades at $0.0158 or 0.00000020 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It launched on November 4th, 2019. Kava’s total supply is 1,082,847,618 tokens. Kava’s official website is www.kava.io. 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.

According to CryptoCompare, “Kava Chain is a decentralized, permissionless, censorship-resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable between chains. Learn more about Cosmos. Learn more about Kava.‍Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced Decentralized Finance (DeFi) functionality like permissionless borrowing and lending.‍The KAVA token is an asset on the Kava Chain. Kava Chain is secured by its token KAVA and it is used across the full chain as a transport and a store of value. It is given as a reward for minting USDX on the Kava app.Blockchain data provided by: ATOMScan (total supply)”

Kava Token Trading

It is usually not 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 GDAX, Gemini or Coinbase. 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