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In 2021, the native blockchain cryptocurrency Kuro Kadena (KDA) has risen by 9142% and has brought huge returns to investors. How will the token rate change in the next year?
On November 11, the price of the coin reached ATH at $ 27.64, then a bearish trend emerged in the market, and by mid-December, the value of the asset decreased by 70%. During the correction, the coin rate could not gain a foothold in the $ 15 range and began to fall again.
The chart data clearly indicates a continuation of the downtrend within wave C. Therefore, at the beginning of 2022, the coin may refresh the previous bottom at $ 8.65.
Dynamics of the Kadena exchange rate
After the dump is completed, a bullish trend will begin, and many traders are confident that Kadena will outstrip other cryptocurrencies in terms of value growth. The authors of the project call the token the “Ethereum killer” because Kuro is dozens of times superior in performance to the Ethereum blockchain. Kuro processes up to 480,000 transactions per second, while the ETH network is capable of only 15 transactions.
The Kadena token blockchain supports the creation of NFTs, decentralized applications and smart contracts in the open source Pact programming language. Accordingly, Kuro is not inferior to the Ethereum blockchain in terms of functionality, but KDA cannot be compared with ETH in popularity – most crypto users have not even heard of the token.
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