AUS
NZ
UK
CA
USA
IND
Highlights:
- Kryll (KRL) is an automated trading strategies platform launched by a French team in February 2018.
- The KRL token can be traded on exchanges like Gate.io, KuCoin, etc.
- The token returned over 89% gains in the past 12 months.
The Kryll (KRL) crypto have caught the eyes of investors on Wednesday, evident by its price rally. The token was up over 37%, while its volume skyrocketed 2303% on Wednesday.
What is Kryll (KRL) crypto?
Kryll (KRL) is an automated trading strategies platform launched by a French team in February 2018. According to its website, it is a "zero dev skill" automated strategies building platform.
The platform allows users to browse, create, and implement cryptocurrency trading strategies on the cloud through a drag and drop editor. Its marketplace offers users hundreds of strategies created by its community to choose from.
Also Read: What is Qtum (QTUM) crypto and why is it rising?
Kryll claims that experienced traders can make their own strategies with complex technical indicators without having any programming knowledge by using its visual editor.
KRL is the native utility token of the platform, powering the Kryll ecosystem. Users can make payments for their activities on the platform through KRL. The KRL token is available on crypto exchanges like Gate.io, KuCoin, Coinbase Exchange, etc.
Also Read: Why is Ribbon Finance (RBN) crypto drawing attention?
Why is it rising?
The company's innovative services may have drawn investors’ attention to the crypto. In addition, it recently announced to attend two of the most popular events in the blockchain space, the Paris Blockchain Week Summit or PBWSummit and Binance Blockchain Week 2022.
The PBWSummit will be held from April 13 to 14 at Palais Brongniart, Paris, and the Binance Blockchain Week will commence from March 28 to 30 in Dubai. The increased investors’ attention may have fuelled a KRL price rally.
Also Read: When is Tokyo-based crypto exchange Coincheck going public?
Source: *Data provided by CoinMarketCap.com
Bottom line:
The KRL token was priced at US$0.9354 at 10:43 am ET on March 23, up 37.90%, while its volume for the last 24 hours surged 2303.53% to US$15.67 million. It has a market cap of US$35.67 million, and its fully-diluted market cap is US$46.27 million.
The token's total supply is 49.41 million, and its current circulating supply is 38.13 million. It returned 89.04% gains in the past 12 months.
Also Read: Why is OriginTrail (TRAC) crypto rising?
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
