Klaytn (KLAY), the Kakao-backed digital asset, is clearly on a path to expansion outside South Korea. One notable development includes a proposed
blockchain merge with Finschia in order to create Asia's leading blockchain ecosystem. The Klaytn Foundation recently suggested
burning 5.28B KLAY tokens, effectively decreasing the token supply by almost 50%. There's also a discussion of a brand upgrade, with Binance announcing support for the
rebranding of KLAY to KAIA. As for financial performance, KLAY made a mark as one of the top crypto gainers of the week, along with MATIC and FET. Furthermore, KLAY's demand is expected to increase by 2023. Another telling sign of its growth is its listing on major platforms such as
Binance and its accompaniment in top cryptos to observe lists for the forthcoming years. Notably, it also launched the first gold-pegged coin on its blockchain, known as CREDER. While some may argue these digital currencies as 'dead coins', KLAY's developments certainly do not denote this. However, setbacks were reported, such as NBA players supposedly losing millions due to the crypto crash.
KLAY Coin News Analytics from Mon, 04 Jul 2016 07:00:00 GMT to Tue, 12 Nov 2024 04:21:00 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 3
