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Our daily appointment on price analysis, news and statistics of the crypto market continues: today it is the turn of Dogecoin, Aave and Kadena.
As we will see below, all three projects did not achieve great results on the positive side, but neither did they stand out on the negative side. We can call their movements rather stable, with some fluctuations up and down.
The prices and market statistics of the crypto assets Dogecoin, Aave and Kadena
We begin our analysis with the most important of the three cryptocurrencies, both by popularity and capitalization: dogecoin.
We find the memecoin at the value of $0.0800, in the last month it has not achieved excellent results, but it has increased its value by 9.08%.
At the moment, market statistics see Dogecoin with a capitalization of $11.1 billion, with a trading volume in the last 24 hours of $783.2 million.
The circulating supply of DOGE remains consistently high at 139 billion DOGE, with an average holding time of 117 days.
The crypto is ranked number 6 in popularity
Let’s proceed with the Aave project, which has lost 1.42% of its value in the past month, which as of today is $70.79.
Aave’s market capitalization is $1 billion, with a trading volume of $75.8 million. The circulating supply of Aave is not very high, there are in fact 14.4 million AAVE with a minimum holding time of 27 days.
The cryptocurrency is in the number 37 position in terms of importance, and its all-time high is still far away, but not impossible to find.
The last crypto is Kadena: overall, its performance in the last thirty days can also be called stable.
The crypto has only lost 0.87%. Its value is $0.93, light years away from its all-time high of $28.25.
As for market capitalization, it is $212.7 million and its daily volume is $7.3 million. The circulating supply sees 228.1 million KDA.
Moved $12 million in Dogecoin from Binance: good sign for investors?
According to data from cryptocurrency transaction monitoring service Whale Alert, a large transfer occurred on the Dogecoin blockchain yesterday.
This transaction saw approximately 151,605,154 DOGE move on the network, worth nearly $12.1 million at the time of the transfer.
The recent transfer of Dogecoin on the blockchain, worth nearly $12.1 million, can be considered a bullish signal for several reasons.
First, the fact that such a significant amount of Dogecoin was transferred onto the network indicates that there is still strong interest and activity in cryptocurrency.
This activity can lead to increased liquidity and trading volume, which in turn can drive up the value of the currency.
In addition, large transfers of cryptocurrency may indicate that large investors or institutions are entering the market.
These types of players often have access to more resources and information than individual retail investors, which can give them an advantage in the market.
Their involvement can help increase confidence in the cryptocurrency and drive up prices.
Secret Garden of Kadena reveals a new multi-game web3
The Secret Garden of Kadena (SGK) has announced the launch of its new Web3 multi-game platform.
This project focuses on a wide range of features for the cryptocurrency gaming community, including play-to-earn (P2E) systems, non-fungible tokens (NFTs) for rewards, and more.
SGK’s new platform is designed to offer users a fun and engaging gaming experience. Although P2E is an important aspect of the project, SGK intends to focus more on the gaming experience and let P2E be a bonus.
One of the most interesting features of the platform is the ability to stake NFTs for rewards. This means that users can earn rewards by keeping NFTs, which can be earned through play or purchased on the platform.
The wagering system is designed to be accessible to both casual and hardcore players, with different levels of rewards available depending on the level of wagering.
Another key feature of the platform is the play-to-earn system. This allows users to earn cryptocurrencies by playing on the platform. The more users play, the more they can earn, incentivizing players to return to play.
The SGK platform is built on the Kadena blockchain, known for its scalability and security. This ensures that the platform is fast, efficient and secure, providing users with a seamless gaming experience.
Overall, the launch of SGK’s new Web3 multi-game platform represents a significant development for the cryptocurrency gaming community.
With its range of features and focus on fun and engaging games, the platform has the potential to attract a wide range of users.
The ability to stake NFTs for prizes and earn cryptocurrencies through gaming is also a major attraction, providing an additional incentive for users to engage with the platform.
As the platform continues to evolve and expand, it will be interesting to see how it develops and grows over time.