Kava Reaches Self Reported Market Cap of $460.25 Million (KAVA)

Kava (KAVA) traded up 1.5% against the U.S. dollar during the 24-hour period ending at 8:00 AM E.T. on March 30th. One Kava token can now be bought for about $0.43 or 0.00000512 BTC on major cryptocurrency exchanges. In the last week, Kava has traded 18.1% lower against the U.S. dollar. Kava has a total market capitalization of $460.25 million and approximately $8.43 million worth of Kava was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Cronos (CRO) traded 6.9% higher against the dollar and now trades at $0.11 or 0.00000127 BTC.
• Avalanche (AVAX) traded 1.9% lower against the dollar and now trades at $19.33 or 0.00023288 BTC.
• Hedera (HBAR) traded up 1.5% against the dollar and now trades at $0.17 or 0.00000206 BTC.
• NEAR Protocol (NEAR) traded 4.8% higher against the dollar and now trades at $2.72 or 0.00003275 BTC.
• Internet Computer (ICP) traded 0.8% higher against the dollar and now trades at $5.40 or 0.00006503 BTC.
• Cosmos (ATOM) traded down 1.6% against the dollar and now trades at $4.32 or 0.00005202 BTC.
• Algorand (ALGO) traded 0.3% higher against the dollar and now trades at $0.18 or 0.00000221 BTC.
• Fetch.ai (FET) traded down 0.3% against the dollar and now trades at $0.48 or 0.00000574 BTC.
• Akash Network (AKT) traded down 0.2% against the dollar and now trades at $1.21 or 0.00001456 BTC.
• Theta Fuel (TFUEL) traded up 0% against the dollar and now trades at $0.0360 or 0.00000043 BTC.

About Kava

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,853,474 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. The official website for Kava is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here.

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)”

Buying and Selling Kava

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView