KATA Price Analysis September 2022
KATA is a token of the platform Katana Inu. Its current price is around $0.000190 by the time of writing, with a low of $0.0001437, and it has a market cap of 6 million dollars.
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What is Katana Inu?
The blockchain space is currently missing a game that attracts low-end and mid-range graphics. Katana Inu provides a sleek and lightweight solution that facilitates in-game sales of non-fungible tokens (NFTs) to make an income.
Katana Inu was launched to address the lack of solid graphics of games on the blockchain. P2E developers largely ignore the PC gaming space, so we also believe there’s room for games that allow users to earn tokens by playing.
Katana Inu promotes gaming innovation by efficiently merging two revolutionary technologies, gaming and blockchain. As an all-encompassing ecosystem for gamers and traders powered by Defi & NFT, Katana Inu’s objective is simple: to create a system that efficiently harnesses both technologies and creates a better experience for everyone.
What is KATA?
KATA is the coin of the Katana Inu platform, which is around $0.000190 by the time of writing, with a low of $0.0001437. It reached a high of $0.008299, and its current ranking is #2979, according to CoinMarketCap, with a market cap of 6 million dollars.
$KATA facilitates the trade of all in-game items in the Katana Inu ecosystem. Participation in tournaments requires $KATA tokens and entrance fees, which are paid for with $KATA coins. In addition, stakes can be placed to earn rewards.
How to Buy $KATA?
The MEXC Global cryptocurrency exchange offers trading in $KATA/USDT. Founded in 2018, MEXC Global is leading the way with its high-performance matching technology and mega transaction processing capabilities.
KATA Coin Market Analysis
KATA has a total supply of 50,000,000,000 coins worth around $0.000190 with a market volume of 639,305 dollars, whereas the market capitalization is 6 million dollars at writing.
KATA Price Prediction
In the 4H timeframe, the price action of the $KATA/BNB price strongly consolidates inside the descending channel and moves above the horizontal support zone. However, we must wait for a successful breakout or breakdown to confirm its next direction.
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Discipline and Patience are the most critical components of a successful trade. According to the above analysis, the coins we discussed might make you decent gains if other market conditions prevail favorably. Again, it’s your hard-earned money that you’ll be using. Do Your Own Research before investing.
Disclaimer: Our analysis is for educational purposes.