Kava Price Down 14.4% Over Last 7 Days (KAVA)

Kava (KAVA) traded up 0.3% against the dollar during the 1 day period ending at 8:00 AM ET on October 27th. One Kava token can currently be bought for $0.33 or 0.00000486 BTC on major exchanges. During the last seven days, Kava has traded down 14.4% against the dollar. Kava has a total market capitalization of $352.70 million and $9.48 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 0.9% lower against the dollar and now trades at $25.35 or 0.00037793 BTC.
• NEAR Protocol (NEAR) traded down 1.3% against the dollar and now trades at $4.20 or 0.00006256 BTC.
• Internet Computer (ICP) traded 0.2% lower against the dollar and now trades at $7.73 or 0.00011524 BTC.
• Cronos (CRO) traded up 1.3% against the dollar and now trades at $0.0740 or 0.00000110 BTC.
• Hedera (HBAR) traded up 0.2% against the dollar and now trades at $0.0482 or 0.00000072 BTC.
• Cosmos (ATOM) traded 2.1% lower against the dollar and now trades at $4.34 or 0.00006472 BTC.
• Fetch.ai (FET) traded 0.9% lower against the dollar and now trades at $1.23 or 0.00001833 BTC.
• Algorand (ALGO) traded 0.2% higher against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Akash Network (AKT) traded down 1.5% against the dollar and now trades at $2.25 or 0.00003348 BTC.
• Theta Fuel (TFUEL) traded down 0.1% against the dollar and now trades at $0.0548 or 0.00000082 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,675 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 website is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible 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.”

Buying and Selling Kava

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

KAVA/USD price chart by TradingView