Kadena Reaches Self Reported Market Capitalization of $162.90 Million (KDA)

Kadena (KDA) traded 4.5% lower against the US dollar during the one day period ending at 8:00 AM E.T. on October 23rd. During the last week, Kadena has traded 6.1% lower against the US dollar. Kadena has a market cap of $162.90 million and approximately $6.55 million worth of Kadena was traded on exchanges in the last day. One Kadena coin can currently be purchased for about $0.56 or 0.00000839 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• 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 down 2.2% 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 2.3% lower against the dollar and now trades at $166.29 or 0.00251181 BTC.

Kadena Coin Profile

Kadena launched on August 22nd, 2019. Kadena’s total supply is 1,000,000,000 coins and its circulating supply is 293,424,962 coins. The official message board for Kadena is www.kadena.io/perspectives. Kadena’s official Twitter account is @kadena_io and its Facebook page is accessible here. The official website for Kadena 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 presently possible to purchase alternative cryptocurrencies such as Kadena directly using US dollars. Investors seeking to trade Kadena should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kadena using one of the aforementioned exchanges.

KDA/USD price chart by TradingView