2021 has been a very interesting year for cryptocurrencies. Some of them reached their all-time high, and some, unfortunately, didn’t have such fate. Though with the evolution of the crypto market, new coins, tokens, and cryptocurrencies are launched.
On the 5th of November 2019, a new coin joined the crypto market, and that is Kadena (KDA). Kadena is a layer 1 smart contract inspired by Bitcoin (BTC). These smart contracts are known to have special features that were created to make them more unique and luring for investors.
Kadena aims to provide security and scalability using the proof-of-work consensus. They try to achieve this goal by having a unique architecture. As for the price and the future of Kadena. This article offers essential information and a price prediction regarding KDA.
Kadena (KDA) Fundamental Analysis
Kadena is a relatively new coin in the market. As already said, Kadena’s main goal is to offer security and scalability.
Kadena’s native coin is KDA, and it is was founded by Will Martino and Stuart Popejoy. Will Martino eventually left, and Stuard Popejoy carried on.
Some of these features include unlimited scalability. The team says that Kadena can handle up to 480,000 transactions per second. The design of Kadena previously had ten subchains. Currently, it has 20, and it is predicted to go up to 50 subchains over time.
Other great features of Kadena are the wallet interaction, which ultimately will secure it and make it easier for users. The architecture of KDA allows developers to make the user experience more pleasurable by signing in without a complicated key.
Using Kadena gives opportunities to directly change the backend of an NFT, and that on its own is a great addition to KDA. This also enables the possibility of intergrading mechanism directly to an NFT.
KDA is a hybrid blockchain platform that is built on a public chain protocol called Chainweb and a private chain protocol called Kuro. Kadena is written in a special programming language called Pact that is described as the first human-readable language. This makes writing and understanding smart contracts simple.
Kadena has had many updates and milestones that they have achieved over the years. They launched Chainweb mainnet 2.12, then released Pact 4.2.0, created Chainweaver SigBuilder signing, released Ledger dev-beta release, etc.
Kadena (KDA) has many plans and milestones for the upcoming years to upgrade Kadena.
As for tokenomics, Kadena has a total supply of 1.000.000.000 KDA, which can be mined for around 120 years. Kadena has only 17% of its total supply in circulation with around 171 million KDA. The market cap of Kadena is around $1.2 billion
Here is how the supply of Kadena is allocated:
Kadena (KDA) Price Analysis
Kadena (KDA) has seen its ups and downs. With an instant increase in price in 2021, it reached the all-time high of $24 and then again dropped within a month. Currently, KDA is at around $7.3 and has a market cap of $1.2 billion. With that in mind, its fully diluted market cap is around $7.3 billion. The overall trend is bearish, but KDA also has plenty of room for growth in both the fundamental and the technical aspects of the price.
$ 1.19 B
$ 28.16 M
1,000.00 M KDA
Crypto Academy Kadena (KDA) Price Prediction 2022
|Months||Minimum Price||Average Price||Maximum Price|
Kadena (KDA) Price Prediction January 2022: In January 2022, Kadena started the year with a high price of $12.76, which then massively dropped to $4.72. The average trading price during this month was around $8.
Kadena (KDA) Price Prediction February 2022: After starting February at the very low price of $5.41, KDA started increasing gradually and reached the maximum price of around $10.07. The average trading price of this month was around $7.
Kadena (KDA) Price Prediction March 2022: In the month of March, the average trading price of Kadena is predicted to be around $8.65. The Minimum Price might be down to $7.40, and the maximum price could go up to $9.01.
Kadena (KDA) Price Forecast April 2022: As for April, Kadena’s maximum price we predict to be at around $13.55, while the minimum price might be as down as $8.76. As for the average trading price of Kadena, it might be around $10.32.
Kadena (KDA) Price Prediction May 2022: In May, the increasing flow that was apparent in the previous months might continue, and the price of Kadena might be around $12.21. As for the minimum price, it might be around $9.54 and the maximum price could be around $16.34.
Kadena (KDA) Price Forecast June 2022: the average price of Kadena for the month of June might be around $13.66, and for the minimum price, it might be around $9.92. The maximum price of KDA for this month could be around $16.34.
Kadena (KDA) Price Prediction July 2022: In the month of July the flow of increase is predicted to still be the same as the average trading price of KDA might be around $18.33. The minimal price could go as down as $13.3, and the maximal price might reach around $21.93.
Kadena (KDA) Price Forecast August 2022: As for August, the maximal price of KDA is forecasted to be around $25.82, and the minimal price could be around $14.67. The average trading price for this month might be around $18.33.
Kadena (KDA) Price Prediction September 2022: In the month of September, the price is predicted to still be increasing, and the average trading price to be around $20.87. While the minimum price could be around $16.56, and the maximum might be around $29.37.
Kadena (KDA) Price Forecast October 2022: In October, the price of Kadena is forecasted to reach the maximum price of $33.45, and the minimum price could go as down as $17.65. The average trading price of KDA for this month might be around $24.51.
Kadena (KDA) Price Prediction November 2022: Regarding the month of November, the minimal price of KDA might be around $19.66, while the maximum price may go around $38.11. The average trading price of November is predicted to be around $26.94.
Kadena (KDA) Price Prediction December 2022: Lastly, in December, the average trading price of KDA could be around $29.03. The minimum price of KDA for this month might be around $21.01, while the maximum price of KDA could reach up to $40.40.
Kadena (KDA) Price Prediction 2022 Q1
The first quarter of 2022 is near its end, as was seen in these months the price of Kadena was dropping more and more. This fluctuation has been going on since the last months of the past year. As for now, it is predicted for KDA’s price to be around $8.65 for this quarter.
Kadena (KDA) Price Prediction 2022 Q2
During the second quarter, the new milestones and updates of Kadena might have an impact on the increasing flow of the price. So, we predict that the price of KDA for the second quarter will have an average of around $13.65.
Kadena (KDA) Price Prediction 2022 Q3
As for the third quarter, after a long time of doing down during this quarter, we predict that the price of Kadena might increase and the line of growth to be more obvious. As for the average price, it might be around $20.87.
Kadena (KDA) Price Prediction 2022 Q4
And for the last quarter, we believe that some of the milestones might have been achieved and the price may fully recover and finally stabilize. We predict that this year’s ending price would be around $29.3.
Crypto Academy Kadena (KDA) Price Prediction 2023, 2024, 2025, 2026
Kadena (KDA) Price Prediction 2023
As for the price of Kadena (KDA) for 2023, considering that Bitcoin Halving will make the market bullish, the price of KDA would most likely rise. The price might potentially reach around $56.
Kadena (KDA) Price Prediction 2024
Since Bitcoin halving’s effect would probably be apparent and the market would still be bullish, the price would most likely still be increasing. We predict that this year Kadena’s price might potentially reach an all-time high of $100.
Kadena (KDA) Price Prediction 2025
Because of the milestones that would have been achieved by 2025, the price would still be increasing. The average price we predict that Kadena (KDN) will reach this year is around $120.
Kadena (KDA) Price Prediction 2026
After all of this growth, we believe that the price would stabilize and it would grow more gradually. We predict the price of Kadena (KDN) might be around $150.
Kadena (KDA) Market Price Prediction
Many predict that the price of KDA can increase in the future. Here is what some of them have to say:
According to Cryptonewzs the price of Kadena will increase but not in a massive way. Cryptonewzs predicts the price of Kadena will be around $56 in 2026.
Based on the prediction of Wallet Investor, the price of Kadena will increase, and by the end of the year, the price of KDA could be around $20.
Digital Coin Price
While according to Digital Coin Price, the price of KDA in 2022 would be around $5. In 2023, the price could be around $11.59. As for 2024, it may reach around $12.98. In 2025, the price of KDA would be around $15.23, and in 2026, the price could reach $13.13.
How to buy Kadena (KDA)?
Kadena (KDN) can be bought through Kucoin. Now we are going to go through the steps.
Step 1: Open a Kucoin Account
In order to purchase and trade KDN, first, you need to open a Kucoin account. Kucoin is a famous crypto exchange that has listed most cryptocurrencies, including KDN.
Step 2: Deposit Cryptocurrencies
The most convenient way to buy and trade KDA is via cryptocurrencies such as BTC or ETH, which you can buy with fiat currencies as well. Trading with cryptocurrencies gives you the most flexibility.
Step 3: Check your Balance
Before purchasing KDA, check your balance to see if the earlier purchase of BTC or ETH went through and if you are ready to trade.
Step 4: Place a Buy Order for Kadena (KDA)
To place an order, you need to go to “Exchange,” search up Kadena, and place an order. Then, you will successfully own Kadena.
Frequently Asked Questions (FAQ)
What does Kadena do?
Kadena aims to offer high security and scalability to enterprises and entrepreneurs, virtual free gas fees, and throughput.
Is Kadena a good investment?
Kadena is considered to be a good investment since the price is predicted to grow more and more.
Who owns Kadena coin?
Kadena coin was founded by Will Martino and Stuart Popejoy. Then Will left, and now the owner of Kadena is Stuart Popejoy.
- Kadena (KDA) is a layer 1 network, inspired by Bitcoin.
- KDA aims to provide scalability and security for its users, using the proof-of-work consensus.
- Some of these features include unlimited scalability, wallet interaction, opportunities to directly change the backend of an NFT.
- KDA is a hybrid blockchain platform that is built on a public chain protocol called Chainweb and a private chain protocol called Kuro.
- Kadena (KDA) is written in a special programming language called Pact that is described as the first human-readable language.
- Kadena (KDA) has a total supply of 1.000.000.000. Only 17% of its total supply is circulating with around 171 million KDA.
- Overall, Kadena might be a good investment since the price could increase in the coming years.
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