K (Kinto) rose 407.07% in 24 hours.

Gate News Bot news, August 7th, according to CoinMarketCap data, K (Kinto) is currently trading at $4.27, having pumped 407.07% in the last 24 hours, with a high of $4.72 and a low of $0.84. The 24-hour volume reached $775,700. The current market capitalization is approximately $7.85 million, an increase of $6.3 million compared to yesterday.

Kinto is a modular exchange that provides users with the best DeFi experience through non-custodial insured wallets and a modular exchange. The platform aims to create a safer, faster, and lower-cost network to meet the demands of DeFi and traditional finance. Kinto offers an attractive infrastructure for users, developers, and investors, committed to building an open and transparent financial system.

K Recent Important News:

1️⃣ Modular Exchange Technology Innovation Kinto, as a pioneer of modular exchanges, provides users with a safer and more efficient DeFi experience through its non-custodial insurance wallet and modular design. This innovative architecture effectively reduces trading costs while enhancing network performance, attracting the attention of a large number of users and developers.

2️⃣ Cross-Border Integration of DeFi and Traditional Finance The Kinto platform is committed to creating a network ecosystem that can meet the needs of both DeFi and traditional finance. This cross-industry integration strategy not only broadens Kinto's application scenarios but also provides traditional financial users with convenient access to the DeFi field, potentially driving more institutional and individual investors to participate.

3️⃣ Building an open and transparent financial ecosystem Kinto is attracting more and more developers and investors to its ecosystem by providing an open and transparent financial infrastructure. This open attitude helps to create a virtuous cycle, driving the emergence of more innovative applications, further enhancing the utility and value of the K token.

From a technical perspective, K has experienced a significant price breakout in the past 24 hours, with a rise of over 400%. This drastic increase may be related to the market's enthusiasm for the Kinto modular exchange concept. However, investors should be cautious of the potential risk of a pullback after such a large increase.

This message is not intended as investment advice; investors should be aware of market volatility risks.