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TürkçeKinesis Silver Information
Kinesis Silver is gaining attention in the cryptocurrency space for its unique integration of precious metals into the digital economy. By providing a stable asset linked to physical silver, it appeals to both investors seeking stability and those interested in innovative blockchain solutions. This approach not only enhances liquidity but also offers users the opportunity to benefit from the timeless value of silver in a modern financial landscape.
Kinesis Silver, represented by the symbol KAG, is a cryptocurrency that operates with a unique proposition, tying digital assets to precious metals. Launched with the aim of combining the benefits of digital currencies with the stability of silver, Kinesis Silver is gaining attention within the crypto community and beyond. In this article, we will delve into the details surrounding Kinesis Silver, its development trajectory, advantages, and potential challenges.
Understanding Kinesis Silver (KAG)
Kinesis Silver distinguishes itself by linking its value to physical silver, providing users a means to trade a cryptocurrency while also investing in a tangible asset. The current price of KAG sits at approximately $34.74, showing a recent price change of roughly 3.35% over the last 24 hours. A distinct feature of Kinesis Silver is its capped supply, which currently stands at 3,798,491.58 KAG, inviting discussion on its scarcity and potential long-term value.
Historical Performance and Market Dynamics
The journey of Kinesis Silver has seen significant fluctuations since its inception. Notably, the coin enjoyed an all-time high (ATH) of $35.85, observed on October 22, 2024. This value reflects KAG's strong correlation with the underlying silver market, which has been witnessing various economic pressures and trends, such as inflation concerns and geopolitical tensions affecting commodity prices.
Conversely, KAG has experienced a remarkable journey from its all-time low (ATL) of $4.36 on February 11, 2024. This surge of nearly 696% speaks to the growing acceptance of cryptocurrency and the increasing interest in asset-backed tokens.
Advantages of Kinesis Silver
One of the primary advantages of Kinesis Silver is its intrinsic connection to physical silver. This not only provides a hedge against market volatility but also caters to a demographic that prefers investing in commodities. Additionally, the use of blockchain technology ensures transparency and security in transactions, appealing to those concerned about traditional banking systems.
Moreover, Kinesis offers a community-driven aspect through its forums and support channels, which can foster user engagement and loyalty. The Kinesis ecosystem also promotes transactions with minimal fees, enhancing the attractiveness of KAG for everyday users and investors alike.
Challenges and Potential Drawbacks
Despite its promising features, Kinesis Silver faces certain challenges. Firstly, the overall volatile nature of the cryptocurrency market can pose risks for investors, especially those who may not be as familiar with digital assets. Furthermore, as KAG is tied to the value of silver, any significant downturn in the silver market could reflect negatively on the coin's performance.
Regulatory scrutiny in the cryptocurrency space is another concern that could impact Kinesis Silver's adoption and use. As governments worldwide continue to formulate regulations, projects must navigate these waters cautiously to ensure compliance and promote longevity.
Future Outlook for Kinesis Silver
Looking ahead, the future of Kinesis Silver appears promising, especially as more investors seek alternative stores of value in times of economic uncertainty. The ongoing interest in asset-backed cryptocurrencies positions KAG well, as it effectively marries digital innovation with the timeless appeal of precious metals.
As Kinesis continues to develop its platform and expand its user base, we may see increased liquidity and a growing market cap, currently standing at around $131.87 million. This growth could pave the way for broader acceptance and integration of Kinesis Silver into the wider financial ecosystem.
Conclusion
Kinesis Silver represents an intriguing intersection of cryptocurrency and precious metal investment. With its significant historical growth, tangible backing, and community engagement, KAG is well-positioned in the evolving landscape of digital assets. However, potential investors should remain aware of the associated risks and market dynamics as they consider incorporating Kinesis Silver into their portfolios.
For further information, you can refer to the official Kinesis website and access their whitepaper for comprehensive insights.
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from price
$31
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General Information |
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Title
Kinesis Silver
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Symbol
kag
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Whitepaper
-
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Website
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Community
-
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Last Updated
2024-11-26 23:59
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Price Data |
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Current Price $
30.57
$
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High 24h
30.88
$
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Low 24h
30.17
$
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Price Change 24h
0.352044
$
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Price Change % 24h
1.16494
%
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Market Data |
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Market Cap
116021436
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Total Volume
283510
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Market Cap Change 24h
997985
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Market Cap Change % 24h
0.86764
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
3795391.5838
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Total Supply
3795391.5838
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Max Supply
-
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Historical Data |
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All Time High (ATH)
35.85
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ATH Change %
-14.8228
%
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ATH Date
2024-10-22 18:04
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All Time Low (ATL)
4.36
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ATL Change %
599.84097
%
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ATL Date
2024-02-11 14:01
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