Kava (KAVA) Trading 18.3% Higher This Week

Kava (KAVA) traded 2.4% higher against the US dollar during the 1-day period ending at 7:00 AM Eastern on November 14th. One Kava token can currently be purchased for $0.40 or 0.00000434 BTC on popular cryptocurrency exchanges. In the last week, Kava has traded up 18.3% against the US dollar. Kava has a total market cap of $429.67 million and approximately $45.97 million worth of Kava was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 0.6% against the dollar and now trades at $32.40 or 0.00035447 BTC.
• NEAR Protocol (NEAR) traded 0.7% lower against the dollar and now trades at $5.21 or 0.00005700 BTC.
• Cronos (CRO) traded 1.9% lower against the dollar and now trades at $0.16 or 0.00000175 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $8.30 or 0.00009077 BTC.
• Fetch.ai (FET) traded down 3.2% against the dollar and now trades at $1.28 or 0.00001404 BTC.
• Hedera (HBAR) traded 6.9% higher against the dollar and now trades at $0.0610 or 0.00000067 BTC.
• Cosmos (ATOM) traded up 1% against the dollar and now trades at $5.03 or 0.00005502 BTC.
• Algorand (ALGO) traded 2.6% higher against the dollar and now trades at $0.15 or 0.00000160 BTC.
• Akash Network (AKT) traded 1.6% higher against the dollar and now trades at $3.15 or 0.00003467 BTC.
• Theta Fuel (TFUEL) traded down 3.7% against the dollar and now trades at $0.0561 or 0.00000061 BTC.

About Kava

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,238 tokens. 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. The official message board for Kava is medium.com/kava-labs. 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.”

Kava Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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