As KEX Shoots Up 167% to a New ATH, This Other Coin Just Hit $6 Million

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

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Last updated: 

December 26, 2023

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KIRA, an emerging force in the decentralized finance (DeFi) sector, has seen its native coin, KEX, soar to unprecedented heights, achieving a remarkable 45.67% surge in just 24 hours. From an initial value of $0.02634, KEX has risen to an impressive $0.1370, setting a new all-time high (ATH) and propelling KIRA to the #1702 position on CoinMarketCap.

With a current market cap of $19.57 million and a circulating supply of 218 million KEX coins, KIRA now commands significant attention in the crypto space. The platform’s trading volume has escalated to an impressive $3.06 million over the past 24 hours, reflecting a growing interest among its 4.32K holders.

The total market cap of KIRA stands at $26.93 million. The rapid ascent of KIRA’s KEX is a testament to its innovative features and unique value proposition in the DeFi landscape, underscoring its increasing influence and potential within the broader cryptocurrency market.

Revolutionizing Lending: How KIRA Stands Out

KIRA sets itself apart in the DeFi sector by allowing users to leverage various digital assets like Binance Coin (BNB), Bitcoin (BTC), and Ethereum (ETH) as collateral for loans. This innovative approach enables users to access funds without needing to sell their cryptocurrencies, a key factor in the platform’s increasing popularity.

Another factor contributing to KIRA’s appeal is its provision of loans at competitively low interest rates, adaptable to market changes. Additionally, KIRA offers unparalleled flexibility in loan durations and penalty-free early repayments, enhancing its user-friendliness and adaptability to individual needs.

KIRA’s Growth Driven by Security and Versatile Features

KIRA’s emphasis on security and privacy, achieved through decentralized operations and smart contracts, significantly reduces risks and enhances user trust. Its support for multi-collateral loans and the ability to earn the native KIRA token through various activities like liquidity provision and staking further diversify its offerings. The platform’s inclusive governance model, offering flash loans and an efficient liquidation process, ensures transparency and community engagement, further bolstering confidence and driving the growth of the KIRA coin.

In summary, KIRA’s commitment to security, flexibility, and comprehensive services, combined with its community-led governance and innovative lending model, has been pivotal in cultivating user confidence. These factors collectively contribute to the continued growth and demand for KIRA coin.

KEX Price Prediction

In the dynamic world of cryptocurrency, KIRA’s native token, KEX, presents an intriguing technical outlook as of December 26. The token is currently trading at $0.0897, showing resilience in the market. The pivot point is established at $0.1006, with KEX facing immediate resistance levels at $0.1126, $0.1283, and $0.1532. Conversely, immediate support is found at $0.0877, with further levels at $0.0697 and $0.0477.

The Relative Strength Index (RSI) for KEX stands at 62, indicating a bullish sentiment, yet not crossing into the overbought territory. Significantly, KEX is trading above the 50-Day Exponential Moving Average (EMA) of $0.0861, affirming a short-term bullish trend.

A key chart pattern observed is the completion of a 61.8% Fibonacci retracement at the $0.0878 mark, suggesting that maintaining above this level could lead to a bullish bounce-off.

Overall, the trend for KEX appears bullish above the $0.0861 threshold. In the short term, it is anticipated that KEX may test its resistance levels, reflecting its potential for further upward movement in an ever-evolving cryptocurrency landscape.

Bitcoin Minetrix Presale Attracts $6.15 Million

Amid the fluctuating fortunes of  and the broader cryptocurrency market, attention is shifting towards promising altcoins like KEX and innovative platforms such as Bitcoin Minetrix (BTCMTX). KEX, with its unique offerings in the DeFi space, has been capturing investor interest, showcasing a stable upward trend.

In parallel, Bitcoin Minetrix, a novel stake-to-mine platform, has made significant strides, securing over $6.15 million in its ongoing presale. Set to launch early next year, Bitcoin Minetrix (BTCMTX) aims to revolutionize Bitcoin mining by allowing users to mine actual Bitcoin through the staking of its native BTCMTX token.

This approach not only simplifies the mining process but also offers dual rewards: earning Bitcoin and generating a passive income in BTCMTX.

Visit Bitcoin Minetrix Now