- Kadena has climbed up 200+ spots to enter the top 10 AltRank on LunarCrush.
- Kadena now holds the fourth rank on the platform.
- This is the fourth time Kadena entered AltRank’s top 10 ranks in recent days.
As per the data from LunarCrush, Kadena enters the fourth AltRank on LunarCrush. The LunarCrush platform collects and sums up social and market activity for thousands of cryptocurrencies, NFTs, and stocks, morphing it into useful intelligence.
Details from the tweet reveal that this is the fourth time that Kadena has hit the top 10 Altrank on LunarCrush. KDA has also dethroned over 200+ spots to enter the top 10.
LunarCrush analyzes the increasing social activity and price performance vs. BTC to rank the coins by altrank. The total social mentions for KDA now stand at 14.13k. It is a 48.4% change in terms of weekly performance. Total social engagements have also risen over 7.7% over the week and currently stand at $15.87 million.
Kadena coin (KDA) fell below $1 this month as a result of the FTX-caused cryptocurrency crash. The crypto market is currently struggling to recover to its prior levels.
KDA lost majority of the gains it had made last year, and investors who bought into the token this year are all facing significant losses. However, KDA has recently spiked in value over the last week. It gained 18.24% in the last seven days.
In addition, Kadena has regained $1 and is trading at $1.11 at press time. This is also a 5.8% gain in the last 24 hours. As per the data from CoinMarketCap, there has also been a 235.44% spike in the trading volume during the same period. KDA is also 96% down from its all-time high of 428.25 on November 11, 2021.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.