Kava (KAVA) Price Tops $0.68

Kava (KAVA) traded 0.4% higher against the U.S. dollar during the 24 hour period ending at 9:00 AM Eastern on April 20th. One Kava token can currently be bought for about $0.68 or 0.00001065 BTC on cryptocurrency exchanges. During the last seven days, Kava has traded 10.5% lower against the U.S. dollar. Kava has a market capitalization of $737.14 million and $17.36 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 0.1% lower against the dollar and now trades at $35.26 or 0.00055151 BTC.
• Internet Computer (ICP) traded 9.2% higher against the dollar and now trades at $14.72 or 0.00023024 BTC.
• NEAR Protocol (NEAR) traded 1.5% higher against the dollar and now trades at $5.70 or 0.00008914 BTC.
• Cronos (CRO) traded up 1.6% against the dollar and now trades at $0.13 or 0.00000196 BTC.
• Cosmos (ATOM) traded up 1.1% against the dollar and now trades at $8.34 or 0.00013043 BTC.
• Hedera (HBAR) traded down 2.3% against the dollar and now trades at $0.0816 or 0.00000128 BTC.
• Fetch.ai (FET) traded up 4.6% against the dollar and now trades at $2.25 or 0.00003522 BTC.
• Algorand (ALGO) traded up 2% against the dollar and now trades at $0.18 or 0.00000281 BTC.
• Akash Network (AKT) traded down 4% against the dollar and now trades at $3.87 or 0.00006056 BTC.
• Theta Fuel (TFUEL) traded up 1.7% against the dollar and now trades at $0.0880 or 0.00000138 BTC.

About Kava

KAVA uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,860,622 tokens. Kava’s official website is www.kava.io. 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.

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 possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView