- Konomi Network soars 41% in 24 hours.
- Following KONO’s announcement introducing Whitepaper 2.0, the value surged.
- According to Whitepaper V2, the network aims to support more assets.
The price of Konomi Network has risen to $0.460 for 41% within a day. This brings joy to the coin holders and is expecting a price hike in the upcoming days.
The Konomi Network’s current price is $0.460 with a trading volume of $4,985,297, according to Coinmarketcap. In the last 24 hours, KONO has risen to 41.10% and is holding its position at 849th position.
Konomi is a full-service asset management platform for cross-chain crypto assets. Users could use decentralized money market products to manage their crypto holdings, trade assets, and earn interest.
Primary Reasons for KONO’s Price Surge
As per the recent update, the announcement of their Whitepaper 2.0 on July 23 with more updates might be the reason for KONO’s price hike. The top exchanges for trading KONO are OKEx, Gate.io, KuCoin, Hotcoin Global, and Hoo.
The network intends to support additional assets in the Polkadot ecosystem. In order to kickstart liquidity and decentralized governance, Konomi also issues its native network token. According to Whitepaper v2, Konomi aims to provide an opportunity in scaling up the DeFi market with Polkadot.
Significantly, Konomi thrives upon its establishment to empower payment systems on Ethereum to seamlessly connect to the Polkadot ecosystem. As a result, it provides users with a comprehensive and all-rounded asset management experience.
Furthermore, with the surge in the price of KONO, the coin holders are excited to see the changes in values. Users expect that the coin could rally more in the upcoming days.
