As a platform, Kava is very promising: it’s a flexible and fast-growing project in one of the most exciting parts of the crypto world — DeFi. Does Kava token enjoy the same success? Judge for yourself with the Kava crypto price predictions we have gathered below.
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Kava Price Prediction: Does the Kava Token Have a Future in the DeFi Space?
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Table of Contents
Kava Fundamental Analysis
Project name
Kava
Stock Symbol
KAVA
Current Price
0.9428199999999999
Current Supply
449178567
Official Website
Kava is a cross-chain DeFi platform for lending USDX stablecoins. Platform users can borrow stablecoins while depositing their collateral and purchasing a variety of other digital assets to start profiting from it. It was launched in 2019. As the official website says, Kava aspires to make democratized financial services available for everyone.
Kava DeFi hub is functioning as a decentralized bank of digital assets providing users with access not only to stablecoins, but also other financial services such as synthetics and derivatives. To use the assets across different chains they need to be wrapped as BEP-20 tokens. Also, users can mint their USDX stablecoins and then contribute it to the platform's money market (HARD Protocol) and thus earn APY while the collateral is secured by the network.
The project is built on the Cosmos blockchain and uses a collateralized debt position system (CDP) to ensure that stablecoin loans are sufficiently collateralized. If the borrower couldn’t keep their collateral higher than a defined threshold limit, the Kava liquidator module will take collateral from the failed CDPs and redirect them to the auction.
The platform is fueled by utility Kava tokens which also grant the governance of the platform and could be used as a reserve currency if the system is undercollateralized. Kava is an inflationary token with a total supply of 111.5 million tokens that grows every year from 3% to 20% depending on the staking proportion. The current circulating supply is 91 million coins.
Kava Live Price Chart
Kava token started the year with a bearish trend that lasted the first two weeks of 2021 and after that following the major crypto bull run started to climb up reaching the first milestone of $5 on February 12. The price went through the correction on February 23 and then started to rise again.
By March 14 the token reached its new all-time high, but then overperformed itself on April 4 with the value reaching $7.42. From this position, the token slowly started to go into a downtrend where it stayed until the end of July. As a result, Kava reached an all-time high of $9.12 on August 30 and has been declining with slight price rises ever after.
Overall Kava is considered to be one of the most emerging coins this year mainly due to the constant project development. This year Kava token has seen higher bullish moves than before. At the moment of publishing the token price is $5.85 which has been stable for the last week.
Kava Technical Analysis
Despite the fact that 100% accurate technical analysis for Kava cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated KAVA buy-and-sell rating for selected timeframe. The summary for KAVA/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Kava Price Prediction
Below we have collected the most reliable price projections for Kava (KAVA) from popular forecast platforms.
Kava Price Prediction for 2023
As for Kava price predictions for 2023, there are divergent opinions. WalletInvestor expects a downturn towards $0.565692, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Kava’s future price, citing upwards of $1.734789 in December.
Potential ROI:
-19%
Sell
Kava Price Prediction for 2024
In their Kava price predictions for 2024, WalletInvestor forecasts the coin’s price to go down to $0.641118 by December. Forecasting Kava future, TradingBeast expects further decrease of its price, too, saying the Kava price will reach ~$0 by that time. On the contrary, PricePrediction.net keeps predicting Kava price growth, quoting prices around ~$1.291663 in 2024.
Potential ROI:
-32%
Sell
Kava Price Prediction for 2025
Kava price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $0–$0.754256 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $1.055958 in December 2025.
Potential ROI:
-36%
Sell
Kava Price Prediction for 2026
WalletInvestor has only pessimism in store for the 2026 Kava price prediction, valuing Kava at $0.141423 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, PricePrediction.net’s team is more optimistic — their Kava price prediction for December of this year is just $1.67822.
Potential ROI:
-36%
Sell
Kava Price Prediction for 2030
Speaking of long-term Kava price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Kava price won’t grow further and, opposedly, will decline to $0.131995. TradingBeast’s price prediction for Kava echoes with the projection of a downtrend to $0. Despite this, WalletInvestor’s vision remains positive, promising growth up to $1.338804.
Potential ROI:
-48%
Sell
Summary
As it can be clear from the analysis cited above, Kava (KAVA) projections are rather contradictory. There is no universal consensus either about positive or negative future KAVA price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Kava projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer:
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
