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It could be a combination of competitive advantages in this crypto economy promising more fundamental value per unit of its currency and an overall bull run in utilities for the Web3 ID layer to provide blockchain identity services.
Klaytn, the Web3 GameFi and metaverse developer team behind Kaia, recently switched up the stock ticker symbol. On Oct. 31, it rebranded KLAY tokens to KAIA. The change coincided with a merger between the Klaytn and Finshcia blockchain currency economies.The recent merger between the Klaytn KLAY blockchain and the Finschia LINE platform has been a shot in the arm for the newly created KAIA tokens. The teams are hoping the integrations and new development will soon put this Web3 currency to work.
As part of the merger, Line, a Japanese messaging app with 196 million active users, plans to open 30 mini-DApps on its platform. They’re scheduled to go live on Line sometime before February 2025.We’re thrilled to announce that Mini Dapps on LINE, exclusively powered by the Kaia blockchain will be launching soon! Here’s sneak peek at the timeline:Part of Kaia’s price run up the charts the last 30 days is the overall tide of the market turning bullish.
In addition to Kaia, Algorand prices were ahead by an astounding 86% on the 7-day window and 400% on the 1-month range. The foundation behind ALGO recently released a new decentralized identifier solution . Markets are pumped about that and the overall prospect of transparently anonymous Internet users being able to stash their important data in the security and reliability of the blockchain and then retrieve it quickly and affordably when they’re ready to use it.What Is Sui Network : The Ultimate Guide in 2024One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted.
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