Kava Reaches 24-Hour Trading Volume of $11.67 Million (KAVA)

Kava (KAVA) traded up 1.7% against the U.S. dollar during the 24-hour period ending at 7:00 AM E.T. on May 6th. Over the last seven days, Kava has traded 3.4% higher against the U.S. dollar. Kava has a total market cap of $749.25 million and approximately $11.67 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be bought for about $0.69 or 0.00001079 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 4.8% against the dollar and now trades at $38.59 or 0.00060162 BTC.
• NEAR Protocol (NEAR) traded up 5.9% against the dollar and now trades at $7.38 or 0.00011507 BTC.
• Internet Computer (ICP) traded up 4.4% against the dollar and now trades at $13.51 or 0.00021068 BTC.
• Hedera (HBAR) traded up 7.8% against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Cosmos (ATOM) traded up 6.7% against the dollar and now trades at $9.37 or 0.00014609 BTC.
• Cronos (CRO) traded up 0.6% against the dollar and now trades at $0.13 or 0.00000207 BTC.
• Fetch.ai (FET) traded 9.5% higher against the dollar and now trades at $2.41 or 0.00003756 BTC.
• Algorand (ALGO) traded up 1% against the dollar and now trades at $0.20 or 0.00000310 BTC.
• Akash Network (AKT) traded up 6.5% against the dollar and now trades at $4.95 or 0.00007686 BTC.
• Theta Fuel (TFUEL) traded 3.1% higher against the dollar and now trades at $0.11 or 0.00000172 BTC.

About Kava

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was 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. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official website for Kava is www.kava.io. Kava’s official message board is medium.com/kava-labs.

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 currently 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 Coinbase. 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