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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>
In Klaytn (KLAY) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about KLAY to analyze
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.
In Klaytn (KLAY) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about KLAY to analyze
The 1inch Network has integrated its aggregation and limit order protocols to the burgeoning Klaytn blockchain mainnet.
“Even though it's hard, adapting Web3 technologies to Web2 platforms could be a way to bring mass adoption,” says Klaytn Foundation director Sam Seo.
The new fund is intended to support the growth of NFT, gaming, and DeFi projects on Solana and to help keep former Terra developers on their feet following Terra’s fall.
Klaytn (KLAY) Price Prediction – May 26The KLAY market activity trades in a range outlook under depression as its trading worth is around the value [...]
Bora is a decentralized platform that aims to give users access to multiple Dapps and digital content. Learn more about the project with our “What Is Bora?” guide. Covered: What Is Bora? Features of Bora Partners & Team Tokenomics What Is Bora? New decentralized platforms are showing up worldwide, including Bora, a decentralized entertainment platform […]
The post What Is Bora? appeared first on CryptosRus.
It follows a history of crypto projects from Kakao, including its Ground X blockchain subsidiary, which won the South Korean Central Banks’ CBDC tender last year.
KLAY's market cap is roughly 70% below its all-time high, but the network's TVL and DApp data hint that the service-oriented blockchain might bounce from its lows.
Klaytn and Neowiz will be launching a large-scale airdrop campaign with $150,000 worth of KLAY for 7,000 NEOPIN wallet holders.
The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs.
BTC continues to lose ground, but if the $40,000 level is reclaimed, LEO, MANA, KLAY and XTZ could be the first to recover.
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