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Klay has retraced notably in the last two weeks but the trend is still in a downward range on a higher timeframe. It currently appears weak as more negative actions may surface when the bears resume pressure. The past two weeks of trading have been a sigh of relief for […]
Kaia made it a point to debut web3 games during its launch, clearly indicative of the current audience in the Philippines.
Kaia made it a point to debut web3 games during its launch, clearly indicative of the current audience in the Philippines.
Klaytn Foundation, the organization behind South Korea's prominent Layer 1 blockchain Klaytn (symbol: KLAY), has entered into a memorandum of understanding (MOU) with Matter Labs, the team responsible for developing Ethereum Layer 2 scaling solution zkSync Era. (Read More)
In Klaytn (KLAY) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about KLAY to analyze
Klaytn price uptrend holds in place despite a generally depressed price action witnessed in the crypto market over the last week. CLAY, the token built [...]
BTC price is chasing after $24,000 again, raising the possibility of LDO, EGLD, THETA and KLAY targeting new year-to-date highs.
As part of long-term vision for ecosystem sustainability, Klaytn Foundation will pass proposals to change its governance and tokenomics models.
Klaytn price (KLAY/USD) is trending today after news of Klaytn Foundation unveiling some governance and tokenomics changes. At press time, KLAY was trading at $0.2885 down from a daily high of $0.351. The token was still in the green having gained an accumulative 1.05% in the past 24 hours. The Klaytn Foundation, a key developer ...
<p>The post Klaytn price trending as Klaytn Foundation unveils key changes | Invezz first appeared on CCNC.</p>
Klaytn (KLAY), the native cryptocurrency of the Klaytn blockchain network, has recently been on an impressive upward trajectory. Over the past few weeks, KLAY has [...]
In Klaytn (KLAY) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about KLAY to analyze
Numerous coins on the Coin Market Index (CMI) have, in the course of the last 7 days, suffered significant regression from their stable price levels. [...]
This week saw 80% of the top 100 cryptocurrencies enjoy a massive bullish market. However, some coins still managed to experience a drop in their [...]
DOGE’s price shows strength as it bounces from a downtrend range price rallied to a high of $0.088 with eyes set on $0.1. MATIC could rally more as the price creates more bullish bias breaking out of its descending triangle with good volume as the price could rally to $1. KLAY’s price remains strong on the daily timeframe above the 50 Exponential Moving Average (EMA) as the price aims for more rallies. The top 3 altcoin performers for the week have been MATIC, DOGE, and KLAY, considering how these altcoins held their key support and showed resilience in the early part of October with so many possibilities of a downtrend and losing their support to trend lower. The past few days have seen the crypto market has looked more decent, with the likes of Bitcoin (BTC) and Ethereum (ETH) showing some great price movement in recent times. With the price of DOGE, MATIC, and DOGE showing some great price actions, let’s look at these top 3 altcoin performers. (Data from Binance) Related Reading: Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area Top 3 Altcoin Performers – Dogecoin (DOGE) Price Analysis On The Daily Chart DOGE has struggled to regain its bullish momentum in recent times as the price has had a more quiet time, ranging in a weekly low of $0.055; despite the uncertainty that has befallen the crypto space, the price of DOGE held its ground as price defended its key support area of $0.055. After trading in a range for weeks as the price appeared difficult to trade due to little to no volume to push the price higher as the price stagnated, the price of DOGE finally showed some movement after its rejuvenated strength as a result of the current market. Elon Musk Twitter takeover has positively affected the price of DOGE. The price of DOGE trades at $0.086, clearing key resistance and holding the price from rallying higher; we could see the price of DOGE going to a high of $0.1 Daily resistance for the price of DOGE – $0.1. Daily support for the price of DOGE – $0.068. Price Analysis Of MATIC On The Daily (1D) Chart The price of MATIC remains bullish, having rallied to a high of $0.95 after breaking out of its descending triangle with good volume. However, the price of MATIC faces resistance to the trend to the $1 region. The Fibonacci retracement (Fib) value of 78.6% indicates that MATIC’s price was rejected as it attempted to break above this key value. The $0.96 price corresponds to a Fib value of 78.6%. If MATIC closes above this level, the price could rally to $1 and possibly $1.2. Daily resistance for the MATIC price – $1. Daily support for the MATIC price – $0.85. Top 3 Altcoin Performers- Price Analysis Of KLAY On The Daily (1D) Chart The price of KLAY remains bullish, having rallied to a high of $0.28 after breaking out of its descending triangle with good volume. However, the price of KLAY faces resistance to the trend to the $0.3-$0.4 region. KLAY’s volume suggests if the crypto market maintains its structure, KLAY could rally to the high of $0.3-$0.4. Daily resistance for the KLAY price – $0.3-$0.4. Daily support for the KLAY price – $0.21. Related Reading: Avalanche Price Remains Positive But Could Experience Bearish Pull At This Level Featured Image From Kryptokoin, Charts From Tradingview
In Klaytn (KLAY) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about KLAY to analyze
The Klaytn (KLAY/USD) team published the 3Q Klaytn Ecosystem Update on October 23, 2022, where they went over the governance proposal for the Klaytn block reward production.
This resulted in a boost in the value of the token, at 22%, alongside an increase to its overall trading volume by 570%.
Klaytn is a blockchain platform that aims to provide performance, decentralization, scalability as well as interoperability and has been designed for the metaverse, gaming, and the creator economy.
KLAY is the native cryptocurrency used across the ecosystem.
The new governance proposal as a catalyst for growthIn the latest crypto news, on October 23, 2022, Klaytn, which is the metaverse and GameFi-specific blockchain platform, made an announcement where they showcased a governance proposal that will result in the reduction of its block reward.
Based on the statement seen in the 3Q Klaytn Ecosystem Update, the team submitted the Q3 updates to the Klaytn Governance Council (GC), where they aim to optimize the issuance of KLAY.
This occurred through a governance proposal that lowers the block rewards by ?.
The current block reward is at 9.6 KLAY per newly minted block, while the proposal aims to decrease it to 6.4 KLAY per newly minted block.
The rationale behind the proposal includes sustainable tokenomics that reflect market conditions and the reduction of the annual inflation of circulating KLAY from 10 to 6.48%.
Should you buy Klaytn (KLAY)?On October 24, 2022, Klaytn (KLAY) had a value of $0.18248.
KLAY/USD Chart by TradingView.
The all-time high of the KLAY cryptocurrency was on March 30, 2021, at a value of $4.34.
Here we can see that at its ATH, the cryptocurrency was trading $4.15752 higher in value, or by 2,287%.
When we go over the Klaytn (KLAY) cryptocurrency’s 7-day performance, we can see that its low point was at $0.121225, while its high point was at $0.191356. Here we can see a price difference of $0.070131 or 58%.
However, when we take a look at the 24-hour performance, its low point was at $0.147081, while its high point was at $0.192867.
This initially marked an increase of $0.045786 or 31%; however, since then, the cryptocurrency has decreased to $0.18248.
With this in mind, investors might want to buy KLAY as it can increase to $0.22 by the end of October 2022.
The post Klaytn (KLAY) price movement after new governance proposal appeared first on Invezz.
The sniper from the conquering Golden State Warriors immortalizes best career moments in NFT.
Web3 health and fitness platform Amino has announced an upcoming NFT collection set to celebrate the Golden State Warriors star Klay Thompson’s incredible career.
Amino will debut the NFT collection on Binance NFT, the non-fungible tokens marketplace for all types of digital artwork and collectibles powered by the world’s largest crypto exchange and blockchain ecosystem Binance.
GRAILS series on Binance NFTThe new collection, dubbed GRAILS, will feature Thompson’s artwork across four great years – championship wins in 2015, 2017, 2018 and 2022 with the reigning NBA champions.
GRAILS will consist of over 30 NFT collections designed to celebrate the incredible careers of some of the world’s leading athletes. Klay Thompson’s drop on Binance NFT will be the first in this series, Amino noted in a press release the platform shared with Invezz.
Andrew Shore, CEO of Amino commented:
“As a beloved NBA superstar, we are thrilled to be kicking off our partnership with Klay’s NFT collection and give fans the opportunity to be part of his most iconic career moments.”
Amino expects to have the NFT Mystery Boxes go on sale on 18 October, 2022. Exclusively available on the Binance NFT marketplace will be 10,000 of these Mystery Boxes, with each priced at $50.
The Rare NFTs within the drop will feature exclusive Klay Thompson memorabilia, with some of the limited-edition collectibles on offer being autographed jerseys, photographs and basketballs.
Apart from its Web3-focused health and fitness apps, Amino offers an ecosystem that offers access to NFTs of the world’s best athletes. The platform also looks to bring Metaverse gaming to its users.
The post Amino launches Klay Thompson NFT collection on Binance NFT appeared first on Invezz.
Klex, a decentralised finance (DeFi) protocol and automated portfolio rebalancer on Klaytn, has gone live with a vampire attack on Klaytn-based DeFi rival KlaySwap.
An official announcement by the Klex team noted that the vampire attack was live, with the deposit window set to remain open for 48 hours.
Klex raids KlaySwapFor the uninitiated, a “vampire attack” is a marketing technique that involves incentivised raids on a competitor’s user base. In the burgeoning DeFi ecosystem, this is where one protocol looks to swoop for users on the rival platform by offering very attractive interest rates on their deposits.
In the case of Klex, users have an opportunity to deposit liquidity pool (LP) tokens from KlaySwap to selected LP pools for a chance to earn from a huge pool of incentives.
Klex has allocated $600,000 worth of the KLAY tokens and 15 million KLEX to the attack (raid).
“Assuming an arbitrary launch price of approximately $0.1/KLEX, this would be a total of $2,100,000 in KLEX Raid rewards alone,” the protocol announced.
After this raid, Klex will hope to replace KlaySwap as the leading DeFi protocol on the Klaytn network. The platform also targets becoming a one-stop shop for decentralised exchange (DEX) traders on the Klaytn blockchain, connecting the ecosystem via bridge assets and other ecosystem infrastructure.
Klex introduced KLEX in July this year, with the mainnet going live early August.
The post Klex launches ‘vampire attack’ on KlaySwap appeared first on Invezz.
Since gaming began, avatars and characters have always been used for immersive reasons and to create point-of-view style gameplay.
Continue reading KLAYMETA: Bringing NFTs into MMORPGs at DailyCoin.com.
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