Kava (KAVA) Price Tops $0.38

Kava (KAVA) traded 1.3% higher against the US dollar during the 1-day period ending at 18:00 PM E.T. on July 9th. Over the last seven days, Kava has traded down 11.7% against the US dollar. One Kava token can currently be purchased for $0.38 or 0.00000658 BTC on popular cryptocurrency exchanges. Kava has a total market capitalization of $412.50 million and $13.08 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 3.3% higher against the dollar and now trades at $26.26 or 0.00045339 BTC.
• NEAR Protocol (NEAR) traded 0.7% higher against the dollar and now trades at $4.52 or 0.00007803 BTC.
• Internet Computer (ICP) traded up 6.2% against the dollar and now trades at $7.25 or 0.00012508 BTC.
• Hedera (HBAR) traded 2.5% higher against the dollar and now trades at $0.0680 or 0.00000117 BTC.
• Cosmos (ATOM) traded 1.3% higher against the dollar and now trades at $5.93 or 0.00010240 BTC.
• Cronos (CRO) traded 2.1% higher against the dollar and now trades at $0.0860 or 0.00000149 BTC.
• Fetch.ai (FET) traded up 2.9% against the dollar and now trades at $1.20 or 0.00002066 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.14 or 0.00000240 BTC.
• Akash Network (AKT) traded up 3.7% against the dollar and now trades at $3.55 or 0.00006145 BTC.
• Theta Fuel (TFUEL) traded 3.5% higher against the dollar and now trades at $0.0660 or 0.00000114 BTC.

Kava Profile

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,856,129 tokens. Kava’s official message board is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official website is www.kava.io. 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 buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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