Kava Price Hits $0.46 (KAVA)

Kava (KAVA) traded down 0.6% against the dollar during the 24-hour period ending at 18:00 PM Eastern on June 21st. One Kava token can now be bought for about $0.46 or 0.00000719 BTC on exchanges. Kava has a market cap of $498.42 million and approximately $10.47 million worth of Kava was traded on exchanges in the last 24 hours. During the last week, Kava has traded down 16% against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Avalanche (AVAX) traded 0.6% lower against the dollar and now trades at $27.43 or 0.00042834 BTC.
  • NEAR Protocol (NEAR) traded up 1.5% against the dollar and now trades at $5.35 or 0.00008347 BTC.
  • Internet Computer (ICP) traded 1% higher against the dollar and now trades at $8.38 or 0.00013089 BTC.
  • Hedera (HBAR) traded 2.7% lower against the dollar and now trades at $0.0783 or 0.00000122 BTC.
  • Cosmos (ATOM) traded down 1.6% against the dollar and now trades at $6.79 or 0.00010596 BTC.
  • Cronos (CRO) traded 1.8% lower against the dollar and now trades at $0.0925 or 0.00000144 BTC.
  • Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $1.57 or 0.00002450 BTC.
  • Algorand (ALGO) traded up 0.1% against the dollar and now trades at $0.14 or 0.00000217 BTC.
  • Akash Network (AKT) traded down 3.5% against the dollar and now trades at $2.98 or 0.00004665 BTC.
  • Theta Fuel (TFUEL) traded down 3% against the dollar and now trades at $0.0710 or 0.00000111 BTC.

About Kava

Kava uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,856,222 tokens. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. Kava’s official website 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.

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 US dollars. Investors seeking to trade Kava should first purchase 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 purchase Kava using one of the aforementioned exchanges.

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