KNC is a token of the platform Kyber Network. Its current price is around $4.60 by writing, with a low of $1.17, and it has a market cap of 818 million dollars.
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What is Kyber Network?
Kyber Network is a platform that works like a crypto-based trading hub to connect different exchanges and allow users to trade with the best prices available. The goal of the Kyber Network platform is to give people access to liquidity pools that provide fair rates on their trades.
Users can also earn swap fees and farm rewards by depositing tokens and providing liquidity. Kyber is based on DeFi’s most used liquidity hub, allowing any affected application to integrate quick decentralized token exchange. With Kyber, you can enjoy the benefits of transparent and seamless operation without downtime, fraud and leakage.
What is KNC?
KNC is the token of the Kyber Network platform, which is around $4.60 by the time of writing, with a low of $1.17. Its current ranking is #92 according to CoinMarketCap, with a market cap of 818 million dollars.
KNC reached a high of $4.80, with a low of $1.17. KNC has a long history. It is a stable and reliable company worth investing in to make any profits balancing out any losses.
KNC Coin Market Analysis
KNC has a supply of infinite coins worth around $4.60 with a market volume of 400 million dollars, whereas the market capitalization is 818 million dollars at writing.
KNC Price Prediction
On the 1w timeframe, the price action of $KNC/USDT was trading upwards with a very strong uptrend. After breaking out the Descending Triangle resistance level and forming the impulsive wave and currently, it’s facing out the resistance level, but the price action might get rejected.