The Klaytn crypto is surging today while the market is suffering. All is not well for the crypto market as the bearish and volatile trends are not subsiding. Also, the fact that the entire market cap has been hindered due to that and a downfall has been witnessed constantly. However, the performance of KLAY is exceptionally well even during today’s extreme market conditions.
What Is Klaytn Crypto?
The Klaytn CoinMarketCap page defines it as:
“A public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.
These business expansion activities are supported by the Klaytn Growth Fund, which aims to grow the ecosystem built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore-based non-profit organization established in August 2021.”
The features that make this blockchain unique are:
- The preferred enterprise-level blockchain
- Support for Ethereum equivalence
- Klaytn’s data guarantee
- Built-in scalability via service chains
- A unique governance structure
- 1-second deterministic finality
- $1 billion protocol-level ecosystem fund
Klayton Price Today
The Klayton price today was up by 13.00% and traded at $0.2026 at the time of writing on October 25, 2022. The market capitalization of the crypto was $624.75, up by 13.04%. The 24-hour trade volume had surged considerably too. It was up by a huge 35.40% and stood at $381.86 million. The day’s high for Klaytn crypto was recorded at $0.2119. Another notable fact is that the crypto gained about 40.66% in the last 7 days, which is indeed commendable considering the crypto market meltdown. Also, the Klaytn price prediction rating is bullish, expecting it to reach $0.59 by 2025.
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