#kda Kadena (KDA) is a cryptocurrency that operates on its own blockchain, utilizing a Proof-of-Work consensus mechanism. Here's a 3-month analysis of KDA coin:
*Current Price and Market Performance*
- Current price: $0.4522-$0.444771
- Market capitalization: $144.06M-$146.54M
- Circulating supply: 323.91M KDA
- 24-hour trading volume: $6,699,438.09-$10.95M
*Price Movement and Trends*
- In the last 24 hours, KDA price has increased by 0.16%-0.52%
- In the last 7 days, KDA price has risen by 12.96%-18.40%
- In the last month, KDA price has increased by 5.56%
- Over the past 3 months, KDA price has shown mixed performance, with some sources indicating a potential for long-term growth
*Key Factors Influencing Price*
- Market demand and supply
- Future developments in the Kadena roadmap
- Overall cryptocurrency market trends
- Partnerships and adoption by larger enterprises
- Network performance and scalability
*Technical Indicators and Sentiment*
- Relative Strength Index (RSI): neutral
- Moving Averages: bullish
- Market sentiment: neutral-bullish
- Fear and Greed Index: 74 (Greed)
*Potential for Long-Term Investment*
- Kadena has shown significant growth in value, suggesting potential for future profitability
- Long-term investors may find KDA a good option due to its potential for growth and adoption
Keep in mind that cryptocurrency markets are highly volatile, and past performance is not indicative of future results. It's essential to conduct thorough research and consider multiple sources before making investment decisions ¹ ² ³.