InstaForex

July 7, 2021

Klaytn Design (KLAY) Has Efficient Technological Value!

 Klaytn serves as a public blockchain platform that provides an accessible user experience and development environment to deliver the value of blockchain technology through an efficient ‘hybrid’ design.


Launched in June 2019 by Jaesun Han who is also a CEO of GroundX.


Klaytn aims to bring blockchain technology to all types of users, from micro startups to enterprise divisions. The company’s mission is to make decentralization through blockchain available on a global scale.


In addition, the project has garnered interest from many highly reputable brands around the world and has attracted the attention of institutional investors such as Humanspace, Wemade Tree and Piction Network.


Looking at the KLAY/USDT chart, after listing from the binance platform on June 24, 2021, the price movement can be seen to have resulted in an all -time high (ATH) reaching the $ 1.36 price level.



At the opening of the July market, the price movement was seen moving positively and was testing the resistance zone around $ 1.02 which has attracted the attention of investors.


Crypto analysts expect, if the price movement continues to see upward momentum, the resistance zone around $ 1.07 will be the next focus to be tested before making higher gains.


However, if the price movement does not manage to maintain the upward momentum, the price movement will again test the RBS zone (resistance become support) around $ 0.98 either to make a rebound or continue the decline to the lowest level ever recorded before.


At the time of writing, KLAY/USDT is trading at around $ 1.02 with a market value of over $ 2.5 billion in the last 24 hours. Coins are currently ranked 41st in the crypto market.