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Wednesday, December 7, 2022
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    HomeMarketKNC is the best performing crypto among the top 100

    KNC is the best performing crypto among the top 100

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    The cryptocurrency market will finish the week on a optimistic observe after including greater than 2% to its worth within the final 24 hours.

    The broader crypto market has added greater than 2% within the final 24 hours. At press time, the full cryptocurrency market cap stands above $1.26 trillion.

    Bitcoin is buying and selling above $30k once more after spending nearly all of this week beneath this threshold. Ether, the world’s second-largest cryptocurrency by market cap, is buying and selling at $2,000 once more after including greater than 2% over the previous few hours.

    KNC, the native token of the Kyber Community Crystal, is the very best performer amongst the highest 100 cryptocurrencies by market cap. Over the past 24 hours, KNC has added greater than 24% to its worth.

    The first catalyst behind this ongoing rally is the launch of the KyberSwap referral marketing campaign. The Kyber Community crew introduced by way of Twitter on Friday that it will be freely giving $2,000 in KNC tokens to the fortunate winners.

    The crew stated ten random fortunate winners would stroll away with $200 in $KNC rewards.

    Key ranges to observe

    The KNC/USD 4-hour chart is presently probably the most bullish amongst the highest 100 cryptocurrencies by market cap. The technical indicators present that the coin has outperformed many different cash right now.

    The MACD line is above the impartial zone, indicating a optimistic momentum. The 14-day relative energy index of 71 exhibits that KNC might quickly enter the overbought area.

    At press time, KNC is buying and selling at $2.779 per coin. If the rally continues, KNC might surge previous the primary main resistance degree at $3.13 earlier than the top of the day. Within the occasion of prolonged optimistic efficiency, KNC might commerce above the $3.5 resistance degree for the primary time in three weeks. 





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