KLAY is the native cryptocurrency of Klaytn, which can be used as a medium of exchange, a means of paying transaction costs, and a staking tool. Over the past year, the Klaytn crypto price has grown in price by 3500%. Our editors have compiled an overview of the Klaytn coin news and prospects of this technology.
Is Klaytn current price at its bottom?
The KLAY to USD rate is currently $0.23 USD with a market capitalization of $667,201,001, making it the 62nd most valuable coin. The Klaytn live price chart has a 24-hour volume of $59,422,661, according to the CoinMarketCap index.
The Klaytn token price has changed by +4% in the previous 24 hours. Over the past 7 days, the price of KLAY has changed by -4%. It is limited to a maximum of 10,782,297,981 coins.
The token’s ATH was $4.38. In the graph below we can see that the KLAY USD chart is at its historical bottom. Quite an attractive entry point for the project adherents!
What runs the Klaytn crypto price?
Key features that impact the Klaytn current price:
- Blockchain offers high performance for applications, thanks to which it can satisfy the demand of both large corporations and small startups.
- To replace legacy business analytics tools, Klaytn offers analytics specifically tailored to work with blockchain applications.
- Improved account management rules, the ability to specify your own account name, and easier key storage requirements.
Inspiring Klaytn coin news
The following main directions for the development of the platform have been announced:
- Maintaining your own blockchain.
- Expanding the network of child chains.
- Coordination of interests of different groups of participants.
- Ensuring the opportunity to participate in management decision-making.
Long-term Klaytn price prediction
A genuine interest in this currency can be spotted on many websites and forums. According to the TechNewsLeader prediction platform, Klaytn will remain at the current level for a very long time. By the end of 2022, KLAY to USD is expected to peak at $0.59. The minimum bet could go up to $0.53 if the market turns bullish. Also you can see Ecash and CUSDC price predictions.
There are signs that the cryptocurrency market is entering a new era. Experts are confident that the long-term Klaytn price prediction will change as there is still optimism that the currency will attract much more attention. The year 2023 could end with an average bid of $0.79 and a minimum rate of $0.76. The maximum point at the Klaytn live price chart is expected to be around $0.91.
Klaytn token price forecast for 2025
KLAY has great potential, with certain interactions and innovations, it is possible to increase the number of users and advertising. If the market focuses on investing in Klaytn, the KLAY USD price could rise much higher. By 2024, it may reach a maximum value of $1.31. KLAY is expected to reverse slightly if the market goes down. The year 2025 could end with:
- average cost of $1.14,
- minimum rate of $1.11,
- maximum value of $1.31.