⚡ Wrapped KAVA Crashes 90% – But $KAVA

KAVAUSDT
Perp
0.1127
-2.25%
Holds Strong! ⚡
Wrapped Kava (WKAVA) just faced a massive meltdown, plunging over 90% in 24h 😱 — from $11 in early August to just $0.82 now. Once peaking at $12.18 (July 29), WKAVA’s wild swings have analysts labeling it as high-risk & highly volatile.
Meanwhile, the main Kava token ($KAVA) stayed steady ✅, gaining +1% and trading around $0.83, with 24h volume up 5.8% to $9.3M.
💡 On the bright side: Kava’s recent integration of Tether (USDT) into the Cosmos ecosystem opens seamless liquidity flow across IBC & EVM networks, potentially strengthening KAVA’s DeFi role.
🔥 Is this the perfect time to focus on $KAVA stability over WKAVA’s volatility?