Kava (KAVA) Reaches 24-Hour Volume of $22.55 Million

Kava (KAVA) traded down 6.7% against the U.S. dollar during the 24 hour period ending at 14:00 PM Eastern on April 30th. Over the last week, Kava has traded 16.2% lower against the U.S. dollar. Kava has a market capitalization of $684.44 million and approximately $22.55 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be purchased for about $0.63 or 0.00001050 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 7.1% against the dollar and now trades at $32.39 or 0.00053802 BTC.
• NEAR Protocol (NEAR) traded 11.3% lower against the dollar and now trades at $6.04 or 0.00010030 BTC.
• Internet Computer (ICP) traded down 4.4% against the dollar and now trades at $12.79 or 0.00021250 BTC.
• Cronos (CRO) traded 0.8% higher against the dollar and now trades at $0.13 or 0.00000217 BTC.
• Hedera (HBAR) traded down 9.9% against the dollar and now trades at $0.0920 or 0.00000153 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $7.82 or 0.00012992 BTC.
• Fetch.ai (FET) traded 7.7% lower against the dollar and now trades at $1.95 or 0.00003237 BTC.
• Algorand (ALGO) traded 7.3% lower against the dollar and now trades at $0.17 or 0.00000288 BTC.
• Akash Network (AKT) traded 8.5% lower against the dollar and now trades at $3.93 or 0.00006523 BTC.
• Theta Fuel (TFUEL) traded down 6.6% against the dollar and now trades at $0.0990 or 0.00000164 BTC.

About Kava

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,860,352 tokens. The official website for Kava 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.”

Buying and Selling Kava

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

KAVA/USD price chart by TradingView