King DAG
King DAG (KDAG) Metrics
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King DAG (KDAG)
What is King DAG?
King DAG (KDAG) is a cryptocurrency designed to enhance the efficiency and scalability of blockchain transactions. It operates on the DAG (Directed Acyclic Graph) architecture, which allows for faster processing times and lower fees compared to traditional blockchain systems. The King DAG token is primarily used for facilitating transactions within its ecosystem, supporting decentralized applications, and enabling governance features. As a blockchain project, King DAG aims to provide a robust platform for developers and users seeking innovative solutions in the digital currency space.
When and how did King DAG start?
King DAG (KDAG) was launched in 2022 as a project aimed at enhancing blockchain scalability and efficiency through its innovative Directed Acyclic Graph (DAG) technology. Developed by a team of blockchain enthusiasts and experts, the project focuses on providing fast and secure transactions. Initially listed on several cryptocurrency exchanges shortly after its launch, King DAG gained traction in the crypto community and has since been involved in various partnerships to expand its ecosystem.
What’s coming up for King DAG?
King DAG (KDAG) is poised for significant advancements as it progresses through its roadmap. Upcoming features include enhanced scalability solutions and integration with decentralized finance (DeFi) platforms, aimed at expanding its utility and user base. The community plans to host a series of engagement events to gather feedback and foster collaboration on future developments. As King DAG evolves, it aims to solidify its position in the blockchain ecosystem by focusing on real-world use cases, particularly in data management and transaction efficiency. Keep an eye out for these exciting updates as they unfold!
What makes King DAG stand out?
King DAG (KDAG) is unique compared to other cryptocurrencies due to its innovative Directed Acyclic Graph (DAG) architecture, which allows for high scalability and instant transactions without the need for miners. Its standout technology enables real-world use cases in IoT and supply chain management, while its tokenomics features low transaction fees and a deflationary model that rewards long-term holders. This positions King DAG as a versatile solution in the evolving blockchain ecosystem.
What can you do with King DAG?
King DAG (KDAG) is primarily used for payments within its ecosystem, enabling seamless transactions. Additionally, it serves as a utility token for staking, allowing users to earn rewards while participating in governance decisions. The token is also integrated into DeFi apps and can be utilized for trading NFTs, enhancing its utility across various platforms.
Is King DAG still active or relevant?
King DAG (KDAG) is currently active with ongoing development and a dedicated community presence. It is still traded on various exchanges, indicating sustained interest from investors. Recent developer updates suggest that the project is not inactive or abandoned, maintaining its relevance in the crypto space.
Who is King DAG designed for?
King DAG (KDAG) is primarily built for developers and businesses seeking to leverage its innovative blockchain technology for scalable applications. Its target audience includes investors looking for growth opportunities in the decentralized finance (DeFi) space, as well as a niche community of gamers interested in integrating blockchain solutions into their gaming experiences. By fostering a collaborative ecosystem, King DAG aims to empower users across various sectors.
How is King DAG secured?
King DAG (KDAG) secures its network through a unique consensus mechanism known as Proof of Work (PoW), which relies on miners to validate transactions and create new blocks. This setup enhances network security by ensuring that validators, who compete to solve complex mathematical problems, maintain the integrity of the blockchain and protect it from attacks. The combination of PoW and a Directed Acyclic Graph (DAG) structure allows for efficient transaction processing and robust blockchain protection.
Has King DAG faced any controversy or risks?
King DAG (KDAG) has faced scrutiny due to concerns over its volatility, which poses significant risks for investors. Additionally, the project has been linked to controversies surrounding potential security incidents and allegations of a rug pull, raising questions about its legitimacy and long-term viability. As with many cryptocurrencies, users should be cautious and conduct thorough research before investing.
King DAG (KDAG) FAQ – Key Metrics & Market Insights
Where can I buy King DAG (KDAG)?
King DAG (KDAG) is widely available on centralized cryptocurrency exchanges. The most active platform is Indodax, where the KDAG/IDR trading pair recorded a 24-hour volume of over $4,211.15.
What’s the current daily trading volume of King DAG?
As of the last 24 hours, King DAG's trading volume stands at $4,220.57 , showing a 14.53% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s King DAG’s price range history?
All-Time High (ATH): $1.121156
All-Time Low (ATL): $0.00
King DAG is currently trading ~99.90% below its ATH
.
What’s King DAG’s current market capitalization?
King DAG’s market cap is approximately $62,189.00, ranking it #5055 globally by market size. This figure is calculated based on its circulating supply of 54 451 545 KDAG tokens.
How is King DAG performing compared to the broader crypto market?
Over the past 7 days, King DAG has declined by 27.04%, underperforming the overall crypto market which posted a 0.75% gain. This indicates a temporary lag in KDAG's price action relative to the broader market momentum.
Trends Market Overview
#2759
154.55%
#283
68.9%
#1022
41.23%
#235
39.76%
#782
39.62%
#541
-48.31%
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-45.13%
#2991
-29.95%
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-24.79%
#906
-23.37%
#1
0.27%
#6454
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King DAG Basics
API ID | kdag-king-dag |
|---|
| Hardware wallet | Yes |
|---|
| Website | kdag.io |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
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Other coins worth interest - similar to King DAG
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 |  | Tether USDT | $177,606,630,189.00 | $1.001050 | $57,410,604,391.00 | 177,420,277,588 |  +0.05% | |
| 7 |  | USDC USDC | $75,960,441,150.00 | $1.001232 | $9,171,404,910.00 | 75,866,942,293 |  +0.10% | |
| 8 |  | Lido Staked Ether STETH | $37,893,978,518.00 | $3,868.94 | $16,158,787.00 | 9,794,399 |  -2.15% | |
| 12 |  | Wrapped Liquid Staked Ether 2.0 WSTETH | $16,751,932,389.00 | $4,711.25 | $9,884,613.00 | 3,555,731 |  -2.03% | |
| 13 |  | WETH WETH | $14,576,604,304.00 | $3,870.69 | $535,932,452.00 | 3,765,896 |  -2.02% |
King DAG Liquidity
| KDAG Price | $0.001142 0.00% |
|---|---|
| 24h Volume | $4,220.57 -14.53% |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.