Here is why Kyber Network Crystal is up by 24% today

Here is why Kyber Network Crystal is up by 24% today
фото показано с : coinjournal.net

2022-5-20 13:05

The cryptocurrency market will end the week on a positive note after adding more than 2% to its value in the last 24 hours.

The broader crypto market has added more than 2% in the last 24 hours. At press time, the total cryptocurrency market cap stands above $1.26 trillion.

Bitcoin is trading above $30k again after spending the majority of this week below this threshold. Ether, the world’s second-largest cryptocurrency by market cap, is trading at $2,000 again after adding more than 2% over the past few hours.

KNC, the native token of the Kyber Network Crystal, is the best performer amongst the top 100 cryptocurrencies by market cap. Over the last 24 hours, KNC has added more than 24% to its value.

The primary catalyst behind this ongoing rally is the launch of the KyberSwap referral campaign. The Kyber Network team announced via Twitter on Friday that it would be giving away $2,000 in KNC tokens to the lucky winners.

The team said ten random lucky winners would walk away with $200 in $KNC rewards.

✍️Introducing #KyberSwap’s Referral Campaign! $2000 in $KNC Rewards Up for Grabs When You Share! 🤝

🍀🥳10 random lucky winners walking away with $200 in $KNC rewards!

⏰Campaign is from 20 May to 26 May so hurry! 🏃‍♂️💨

🧐Learn how you can participate: https://t.co/HrsA5tIjNN

— Kyber Network (@KyberNetwork) May 20, 2022

Key levels to watch

The KNC/USD 4-hour chart is currently the most bullish amongst the top 100 cryptocurrencies by market cap. The technical indicators show that the coin has outperformed many other coins today.

The MACD line is above the neutral zone, indicating a positive momentum. The 14-day relative strength index of 71 shows that KNC could soon enter the overbought region.

At press time, KNC is trading at $2.779 per coin. If the rally continues, KNC could surge past the first major resistance level at $3.13 before the end of the day. In the event of extended positive performance, KNC could trade above the $3.5 resistance level for the first time in three weeks. 

The post Here is why Kyber Network Crystal is up by 24% today appeared first on Coin Journal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

TodayCoin (TODAY) на Currencies.ru

$ 0.00039323 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 999999
Доступно / Всего 0 TODAY

today network kyber crystal coin adding journal

Источник: coinjournal.net

today network → Результатов: 126


Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network

Bondly Finance and Animoca Brands have recently announced Bondly Finance’s rebrand to Forj.  Previously the brand has led the way in the NFT space through several innovative partnerships and today we’re speaking directly to Charles Stanton, the Chief Marketing Office at Forj to learn more about the launch, what changes we can expect and how Forj is ultimately focusing on simplifying Web3 and forging strong fan and creator partnerships.

2022-5-19 17:00


Cere Network to Integrate With Boba Network To Provide Decentralized Data Solutions to Its Users

Today, Boba Network and Cere Network announce their integration that will bring improved Decentralized Data Cloud solutions to Boba Network builders and users.  Developers that build on Boba Network are now enabled to utilize the power of the Cere Decentralized Data Cloud (DDC) immediately, providing features not available in other decentralized infrastructure solutions, such as: […] The post Cere Network to Integrate With Boba Network To Provide Decentralized Data Solutions to Its Users appeared first on NFT News Today.

2022-3-25 16:17


Dvision Network welcomes the Bitski to metaverse!

Dvision Network Mar 18 · 4 min read Bitski joined Dvision via the Polygon LAND Grant Program The Dvision Network is an ultimate blockchain-based NFT metaverse platform. The Dvision Network establishes a cutting-edge metaverse ecosystem, by utilizing its own VR technology, that helps to lower the entry barriers for all types of users across the […] The post Dvision Network welcomes the Bitski to metaverse! appeared first on NFT News Today.

2022-3-18 09:57


Blockchain middleware protocol Pocket Network expands global availability

Pocket Network, an infrastructure middleware protocol that facilitates decentralized cloud computing and abundant bandwidth on full nodes to other applications in Web3 across 37 blockchains, including Ethereum, Polygon, Avalanche, Solana, Fuse, and Harmony, announced today its decentralized node infrastructure has expanded globally across 6 continents and into 30+ countries.

2022-3-15 22:08


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin still struggling around $61k: Will it dip lower?

Key takeaways Bitcoin continues to struggle below $62k and could plunge lower in the short term. Bitbot has raised $3. 3m so far, with only two stages of the presale left. Bitcoin stays below $62k Bitcoin has been struggling in recent weeks and could record further losses if the market condition persists.

AEVO, Arbitrum, Render token unlocks near as BitBot gains momentum

Popular cryptocurrencies are on edge as investors wait for their upcoming token unlocks that will lead to more dilution. Arbitrum’s ARB token was trading at $1 on Sunday, down by over 58% from its highest point in 2023, and is near its lowest swing since December 1st last year.

Crypto fear and greed index slips as the BitBot raises $3M

A sense of fear is creeping up in the cryptocurrency market as investors focused on the upcoming Federal Reserve decision. The closely-watched crypto fear and greed index has crashed from the extreme greed zone of over 80 to the neutral phase of 58.

Bitcoin struggles below $64k ahead of the halving: Will it plunge lower?

Key takeaways BTC continues to struggle below the $64k level ahead of the Bitcoin halving event in two days. Bitbot’s presale is now above $2. 5 million. Bitcoin stays below $64k ahead of halving Bitcoin has been struggling in recent weeks and could record further losses if the market condition persists.