Kadena Reaches Self Reported Market Cap of $226.94 Million (KDA)

Kadena (KDA) traded 0.4% lower against the US dollar during the 1-day period ending at 10:00 AM Eastern on June 4th. Over the last seven days, Kadena has traded 1.7% lower against the US dollar. Kadena has a total market capitalization of $226.94 million and $4.53 million worth of Kadena was traded on exchanges in the last day. One Kadena coin can now be purchased for approximately $0.82 or 0.00001173 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded down 7.3% against the dollar and now trades at $0.25 or 0.00000360 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.5% higher against the dollar and now trades at $0.0101 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Kadena Coin Profile

Kadena’s launch date was August 22nd, 2019. Kadena’s total supply is 1,000,000,000 coins and its circulating supply is 277,531,873 coins. Kadena’s official Twitter account is @kadena_io and its Facebook page is accessible here. The official message board for Kadena is medium.com/kadena-io. Kadena’s official website is kadena.io. The Reddit community for Kadena is https://reddit.com/r/kadena/ and the currency’s Github account can be viewed here.

According to CryptoCompare, “Kadena (KDA) is a digital currency used for compute payments on the Kadena public chain. It serves as the transaction fee and mining reward within the network. Kadena aims to unite public applications, private blockchains, and interoperable chains, providing a high-bandwidth computer infrastructure. Smart contracts on Kadena are written in Pact, a user-friendly and verifiable language. KDA is used for transactions, staking, and accessing services within the Kadena ecosystem. The project was created by blockchain and technology experts, Will Martino and Stuart Popejoy, to address scalability and security challenges in the industry.”

Buying and Selling Kadena

It is usually not possible to purchase alternative cryptocurrencies such as Kadena directly using US dollars. Investors seeking to trade Kadena should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kadena using one of the aforementioned exchanges.

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