Kava Price Hits $0.0848 (KAVA)

Kava (KAVA) traded 2.6% lower against the dollar during the one day period ending at 12:00 PM E.T. on January 12th. One Kava token can now be bought for $0.0848 or 0.00000092 BTC on cryptocurrency exchanges. Kava has a total market capitalization of $91.78 million and $6.14 million worth of Kava was traded on exchanges in the last day. During the last week, Kava has traded 0.1% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last day:

• Cronos (CRO) traded 1.3% lower against the dollar and now trades at $0.10 or 0.00000109 BTC.
• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $13.83 or 0.00015044 BTC.
• Hedera (HBAR) traded down 1.2% against the dollar and now trades at $0.12 or 0.00000127 BTC.
• NEAR Protocol (NEAR) traded down 0.1% against the dollar and now trades at $1.71 or 0.00001864 BTC.
• Internet Computer (ICP) traded down 0.4% against the dollar and now trades at $3.18 or 0.00003455 BTC.
• Cosmos (ATOM) traded down 1.5% against the dollar and now trades at $2.56 or 0.00002781 BTC.
• Algorand (ALGO) traded 2.1% lower against the dollar and now trades at $0.13 or 0.00000143 BTC.
• Fetch.ai (FET) traded down 0.6% against the dollar and now trades at $0.29 or 0.00000315 BTC.
• Theta Fuel (TFUEL) traded down 3.2% against the dollar and now trades at $0.0193 or 0.00000021 BTC.
• PayProtocol Paycoin (PCI) traded 2.1% lower against the dollar and now trades at $0.0713 or 0.00000077 BTC.

Kava Profile

KAVA uses the hashing algorithm. It launched on November 4th, 2019. Kava’s total supply is 1,082,847,624 tokens. The official website for Kava 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 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 Coinbase, GDAX or Gemini. 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