Kava Hits Self Reported Market Cap of $85.00 Million (KAVA)

Kava (KAVA) traded up 3.9% against the U.S. dollar during the 24-hour period ending at 11:00 AM ET on January 28th. In the last week, Kava has traded 1.8% lower against the U.S. dollar. Kava has a total market capitalization of $85.00 million and approximately $3.85 million worth of Kava was traded on exchanges in the last day. One Kava token can now be purchased for $0.0785 or 0.00000087 BTC on popular cryptocurrency exchanges.

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

• Cronos (CRO) traded 1.7% higher against the dollar and now trades at $0.0918 or 0.00000102 BTC.
• Avalanche (AVAX) traded up 4.8% against the dollar and now trades at $12.17 or 0.00013521 BTC.
• Hedera (HBAR) traded 2.8% higher against the dollar and now trades at $0.11 or 0.00000120 BTC.
• NEAR Protocol (NEAR) traded up 2.3% against the dollar and now trades at $1.48 or 0.00001646 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $3.25 or 0.00003608 BTC.
• Cosmos (ATOM) traded up 3% against the dollar and now trades at $2.28 or 0.00002536 BTC.
• Algorand (ALGO) traded 2.2% higher against the dollar and now trades at $0.12 or 0.00000135 BTC.
• Fetch.ai (FET) traded 4.1% higher against the dollar and now trades at $0.23 or 0.00000254 BTC.
• PayProtocol Paycoin (PCI) traded 3.8% lower against the dollar and now trades at $0.0693 or 0.00000077 BTC.
• Akash Network (AKT) traded 1.5% lower against the dollar and now trades at $0.46 or 0.00000507 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. It was first traded on November 4th, 2019. Kava’s total supply is 1,082,847,618 tokens. Kava’s official website is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official message board 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.”

Kava Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView