Kadena Crypto

6월 21일

Kadena Crypto
Kadena is known for its public proof of work blockchain. It achieves high throughput by integrating two distinct consensus mechanisms: a Directed Acyclic Graph (DAG) and proof-of-work. It scales efficiently from a single blockchain to an unlimited number through its DAG structure, which is fixed and operates across multiple channels.

Moreover, The trend analysis highlights that the KDA crypto has been in a bearish trend since April 2024. The key 50 and 200 day EMAs have been acting as a dynamic resistance as the price has suffered multiple rejections from it. This week, the crypto suffered rejections from the 50 day EMA and resumed its way to the south losing over 17% this week.

Kadena crypto ranks 266th in the cryptoverse with a live market capitalization of $163.92 Million. The volume inflow has surged by 21.37% to $7.74 Million a day. Out of one Billion KDA tokens, 27.8% i.e. 278.497 Million tokens are in the circulating supply at the moment