Kava Self Reported Market Capitalization Tops $54.16 Million (KAVA)

Kava (KAVA) traded 5.4% higher against the U.S. dollar during the one day period ending at 11:00 AM E.T. on February 25th. Kava has a total market cap of $54.16 million and approximately $2.58 million worth of Kava was traded on exchanges in the last 24 hours. In the last seven days, Kava has traded down 7.7% against the U.S. dollar. One Kava token can currently be bought for about $0.0500 or 0.00000074 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Cronos (CRO) traded up 5.4% against the dollar and now trades at $0.0789 or 0.00000117 BTC.
• Hedera (HBAR) traded 6% higher against the dollar and now trades at $0.10 or 0.00000150 BTC.
• Avalanche (AVAX) traded 14.1% higher against the dollar and now trades at $9.58 or 0.00014167 BTC.
• NEAR Protocol (NEAR) traded 13% higher against the dollar and now trades at $1.11 or 0.00001643 BTC.
• Internet Computer (ICP) traded 9.4% higher against the dollar and now trades at $2.33 or 0.00003443 BTC.
• Cosmos (ATOM) traded 2.1% higher against the dollar and now trades at $2.09 or 0.00003095 BTC.
• Algorand (ALGO) traded up 8.2% against the dollar and now trades at $0.0915 or 0.00000135 BTC.
• Fetch.ai (FET) traded up 7.4% against the dollar and now trades at $0.17 or 0.00000248 BTC.
• PayProtocol Paycoin (PCI) traded 2.3% higher against the dollar and now trades at $0.0595 or 0.00000090 BTC.
• Theta Fuel (TFUEL) traded up 5.5% against the dollar and now trades at $0.0143 or 0.00000021 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. It launched on November 4th, 2019. Kava’s total supply is 1,082,847,302 tokens. Kava’s official website is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official message board for Kava is medium.com/kava-labs. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here.

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 possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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