In this mornings live, I talked about the possibility of #DogeCoin taking another flight to the moon. Its got tondonwith Elon Musk and his most recent rebranding endevours.

If you havent connected the dots on these topics then I strongly suggest you have a listen in to this mornings live on the Crypto Market Updates Channel, where I discuss #DOGECOIN and #Kadena , a project thats flying under the radar.

In this mornings live I talked about the Kadena blockchain and why you might want to look into #Kadena . Its flying under the radar.

Check out the Crypto Market Updates Channel for more.

Kda coin price is currently trading within a Symmetric Triangle pattern on the daily chart.The Kda price has experienced a rapid 12% decline, forming a three-black crow pattern in the daily chart.As the downward momentum continues, a second rejection rally is observed, originating from the overhead resistance trendline.Rejection at the overhead resistance trendline is leading to the formation of a third consecutive bearish candle on the daily chart.Today's intraday decline of 1.77% in Kadena price might contribute to completing the three black crows pattern.The ongoing downtrend is poised to challenge key support levels, including the rising 50-day EMA, the psychological $1 mark, and various Fibonacci levels.A potential drop below these levels could prompt a retest of the rising support trendline at $0.85 in the Kadena coin.According to Coingabbar prediction, Kda Price Prediction 2030 will be worth between $10.00.
KEY LEVELS :
RESISTANCE LEVEL : $1.500-$2.000
SUPPORT LEVEL : $0.900-$0.600
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
#crypto2024 #dyor #Kadena #DYOR🟢 #BinanceWish

Hello Binancers! 👋Today we will explore #NEWKADENA, a significant evolution in blockchain technology, offering improved security, scalability and efficiency. 🚀 Kadena focuses on the accessibility and understanding of blockchain technology for all experience levels. 🌐👥Security is a crucial aspect of #NEWKADENA, with constant innovations to protect transactions and data. In addition, Kadena is creating a collaborative community for developers, companies and users, driving joint growth.🔒🛡️For companies,#NEWKADENAoffers advanced technology that allows them to implement more efficient, transparent and secure blockchain solutions. This evolution is not just an update; It is a revolution that redefines our interaction with the blockchain, making it more secure, accessible and collaborative. 💫🌐📈🌍 Continue discovering with us the future of blockchain. See you soon. 👋🖥#BlockchainInnovation #SafeTechnology#Kadena $KDA

Kadena has announced that it has achieved an important milestone as hashrate touches an ATH of 666.88 PH/s, that is, Petahashes per second. This has been termed incredible considering there is a decline in Bitcoin. It is also incredible since the lowest it has ever been was 63.19 PH/s. The ATH dates back to January 28, 2024.
Kadena is optimistic about the growth amid the rise in its hashrate. The higher the hashrate, the stronger the security and decentralization. Also, it demonstrates that Kadena has new computational power joining the ecosystem. Therefore, it makes it difficult for malicious actors to attack the network. Per estimates, the chances have come down by 51%.
A rise further depicts that there is a growing interest in Kadena along with investment. While it is not known if both factors are playing on the field together or if it is either of them, the investment certainly pertains to driving funds into the mining infrastructure.
Fluctuations in hashrate could be because of three factors:
The interest of miners in mining blocks on the native networkChanges in the price of KadenaEfficiency plus the availability of mining software or hardware
An increase in the hashrate also means that the network is no longer dependent on a single entity. It is more resilient in an environment where a larger number of miners compete in the ecosystem. They are rewarded with KDA, the token of the network.
Stuart Popejoy, the Chief Executive Officer of Kadena, has talked about this in length. He has published a post on X, saying Kadena’s answer to complexities is simple, braided chains.
The concept helps Kadena assist developers of dApps in scaling their projects. Developers can leverage rock-solid tools that they utilize to scale KDA. Braided chains also come into play by localizing the Kadena network for independent security. The only limitations that braided chains have pertain to progressing blocks by chains, block lead, and chain comparison.
To begin, no single chain can advance more than one block ahead of its neighboring chains. Similarly, no single chain can surpass two blocks of lead over adjacent chains. And span three blocks more than other chains in the network. However, it has minimal impact on the benefits it provides.
Bitcoin hashrate has taken a nose dive. This is partly due to the energy restrictions imposed by ERCOT in Texas. The Council has proposed limiting energy activities by limiting the hours Texas people can use energy. Furthermore, the price of electricity is rising, making it more expensive.
Kadena’s success has been credited to the decentralized nature of its miners’ location outside of Texas.
That said, KDA is currently down by 2.52% in the last 24 hours, listed at $0.9638. It also dropped 3.12% and 27.42% in the last 7 days and 30 days, respectively.
$KDA #KDA #Kadena