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26.11 - 20:04
Kadena Soars Further on DeFi, NFT Gaming News
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The little-known Ethereum (ETH) competitor Kadena’s native KDA token has surged higher in the crypto market this month, while also outperforming all other coins in the top 100 by market capitalization over the past 7 days after a series of bullish developments for the protocol.
At 11:06 UTC, KDA is up 20% over the past 24 hours and 194% for the past 7 days. The token is currently trading at USD 20.7, after having experienced a parabolic rise from under USD 7 since November 1.
Created by Stuart Popejoy and Will Martino, two former blockchain developers at investment banking giant JP Morgan, Kadena is described as a smart contract platform that aims to compete with Ethereum. However, the protocol has also made use of certain aspects of Bitcoin
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