Kava Trading 0.5% Higher Over Last 7 Days (KAVA)

Kava (KAVA) traded up 4.2% against the U.S. dollar during the 24-hour period ending at 7:00 AM Eastern on May 4th. During the last week, Kava has traded 0.5% higher against the U.S. dollar. Kava has a total market cap of $745.51 million and $12.33 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for approximately $0.69 or 0.00001072 BTC on cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 7.2% higher against the dollar and now trades at $35.96 or 0.00056005 BTC.
• NEAR Protocol (NEAR) traded 11.9% higher against the dollar and now trades at $6.90 or 0.00010750 BTC.
• Internet Computer (ICP) traded 3.3% higher against the dollar and now trades at $13.45 or 0.00020950 BTC.
• Hedera (HBAR) traded up 6.6% against the dollar and now trades at $0.11 or 0.00000171 BTC.
• Cronos (CRO) traded up 5.4% against the dollar and now trades at $0.13 or 0.00000210 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $8.79 or 0.00013696 BTC.
• Fetch.ai (FET) traded 13.2% higher against the dollar and now trades at $2.23 or 0.00003475 BTC.
• Algorand (ALGO) traded 6.4% higher against the dollar and now trades at $0.19 or 0.00000301 BTC.
• Akash Network (AKT) traded up 8.8% against the dollar and now trades at $4.37 or 0.00006798 BTC.
• Theta Fuel (TFUEL) traded up 10% against the dollar and now trades at $0.11 or 0.00000169 BTC.

Kava Profile

KAVA uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,860,342 tokens. 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. The official website for Kava is www.kava.io.

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

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