The pair $KGST has officially debuted today in the SPOT market, attracting all eyes with an initial volume of 287.32M units. The price quickly hit a maximum of 0.01210 before stabilizing at 0.01140.
KGST is the heart of the KaratGold ecosystem, a project designed to link the world of cryptocurrencies with the value of physical gold, allowing for secure and stable transactions backed by this precious metal.
👀 KGST (Kyrgyz Som Stablecoin): It is not a gold coin, but a stablecoin linked to the Som (the national currency of Kyrgyzstan). Its value is designed to always remain equal to 1 Kyrgyz Som. It is backed by reserves of money in the state banks of that country, not by gold bars.
Today's movement hides a message for keen observers. In the spot market, patience is what pays off, and the "market makers" are testing how much pressure new investors can withstand before defining the true trend of the project.
📌 Investing in newly listed coins on the spot involves very high volatility and risk of capital loss. This content is informative and does not represent financial advice.
- Monitor the support at 0.01100, if the price rebounds with volume at that level, the accumulation structure will become evident.
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