While the crypto market seems to be sleeping in Q1 of 2022, Kadena’s (KDA) price is transcending a new limit as it has increased to over 74.87% in just one week.
The crypto looks to be taking swift advantage of the current dull phase of the crypto market to push itself ahead. Without exaggeration, it’s worth mentioning that KDA price features on CoinMarketCap are showing all greens, which means that the crypto has geared up for fresh crypto price formation.
At press time, Kadena’s price is $9.72. The growth of the token’s 24hrs trading volume is 7.98%. Also, with KDA’s market capitalization value of almost $1.663 billion, this analytics alone positions Kadena as the 65th largest cryptocurrency in the world. The token remains in an ultra bullish market trend, showing no reversal symptoms anytime soon.
Speculations arise that the KDA token traders may be somewhere jubilating for seeing such an incredible performance of Kadena at this time around. Another sentiment portrays that the KDA token can break lots of the crypto market boundaries to surge immensely compared to its current market outlook. All these outlined speculations identify how Kadena has entered the crypto price surge bandwagon.
Apart from Kadena, Bitcoin (BTC) and other altcoins seem to have taken a break from reaching new all-time highs since 2022 began. Meanwhile, the crypto market trajectory indicates that there’s hope for traders, especially in the coming months.
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Source: Cryptocurrency - investing.com
