Kava Trading Down 14.3% This Week (KAVA)

Kava (KAVA) traded down 4% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM E.T. on December 7th. During the last week, Kava has traded down 14.3% against the U.S. dollar. Kava has a total market cap of $117.69 million and $6.51 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be purchased for about $0.11 or 0.00000122 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Cronos (CRO) traded 1.6% lower against the dollar and now trades at $0.10 or 0.00000116 BTC.
• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $13.34 or 0.00014995 BTC.
• Hedera (HBAR) traded down 0% against the dollar and now trades at $0.13 or 0.00000149 BTC.
• NEAR Protocol (NEAR) traded down 2.7% against the dollar and now trades at $1.68 or 0.00001893 BTC.
• Internet Computer (ICP) traded 2.2% lower against the dollar and now trades at $3.42 or 0.00003844 BTC.
• Algorand (ALGO) traded 0.4% lower against the dollar and now trades at $0.13 or 0.00000149 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $2.18 or 0.00002453 BTC.
• Fetch.ai (FET) traded down 2.7% against the dollar and now trades at $0.23 or 0.00000258 BTC.
• Theta Fuel (TFUEL) traded 0.5% higher against the dollar and now trades at $0.0210 or 0.00000024 BTC.
• PayProtocol Paycoin (PCI) traded up 1% against the dollar and now trades at $0.0652 or 0.00000073 BTC.

Kava Profile

KAVA uses the hashing algorithm. It launched on November 4th, 2019. Kava’s total supply is 1,082,847,663 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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.

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 US dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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