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10.01 - 13:17
Kadena Sees Christmas Rally with Yield Farming, NFTs in Focus
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Ethereum (ETH) wannabe competitor kadena (KDA) has continued to soar higher in the market over Christmas on hopes that the protocol will bring improvements to everything from smart contract creation to non-fungible token (NFT) trading.
As of 10:37 UTC, KDA traded at USD 15.31, up 12% for the past 24 hours. The token is currently ranked as the 70th most valuable cryptoasset by market capitalization (USD 2.47bn).
Over the past week, KDA has now rallied by more than 43%, making it the 5th best performer on a 7-day basis among the top 100 coins by market capitalization. At the time of writing, the only coins that performed better than it for the week were NEAR, FTM, AAVE, and SUSHI which rose by 70%, 65%, 56%, and 45%, respectively.
90-day price
Read more on cryptonews.comAbout this in other media
After Amitabh Bachchan, Yuvraj Singh sees strong traction for his NFTs with bids over Rs 2 crore moneycontrol.com /2 years ago
OpenSea Sees Massive Volume, Collections Gain Popularity as NFTs Boom in 2022 cryptonews.com /2 years ago
NFT-focused holding company raises $50 Series A cointelegraph.com /2 years ago
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