PaolitoXBT

KAVA - Long & Shill/Fundamentals

Long
BINANCE:KAVABTC   Kava / Bitcoin
Initial circulating supply : 13.69m Kava
Issue price : 0.46$
Initial mcap : 6.3m$

Actual mcap : 13.3m$
First release of coins : End of March 2020

This is the new CZ pet project, and basically his version of MKR:
Cosmos chain/interoperability with Binance chain
Binance just announced staking (Huobi will too)
Binance IEO & allows BNB to be used for cdp collateral

From a fundamental point of view that's quite an easy buy in my books.

As for the technicals, above the yellow lines and we're in price discovery.
I'm happy buying anything in the blue box, but it seems to be holding above so far
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