Despite a pretty strong start, things turned around for the cryptocurrency market on May 5. Bitcoin (BTC) price has had to revisit the 2020 levels. The collapse of the Terra ecosystem was felt in almost the entire altcoin market. However, there are also coins that had a productive May despite these negative conditions. In this article, let’s take a look at the over 500% performance of Crypto Coin (KRIPTO) price.
KRIPTO price made 500% while the market was falling
Crypto Coin’s token KRIPTO was offered for sale on March 26. After a rapid rise from 0.01 Bitci, the pre-sale price declined to $0.00131 with the correction that captured the market. On May 5, as Bitcoin tested the $40,000 resistance, almost the entire altcoin market, including KRIPTO, was poised to recoup its losses since the start of 2022. As the collapse of the Terra ecosystem invites the bears to the scene, the KRIPTO price has been rising since May 6…
KRIPTO token is the front of Cryptokoin.com’s NFT collections. While providing the opportunity to participate in the sale, it also gives followers access to surveys or events. The right to participate in future game projects to be created on Kriptokoin.com can be earned with KriptoKoin.
At the time of writing, KRIPTO is trading around $0.01370 (0.01499 BITCI). It gained more than 600% from the $0.00200 region it traded in May. Thus, the previous ATH level was passed at $ 0.01281. It is priced on the last day that exceeds 60% of a 12-day green candle series.
Why the price is going up
In this article, we announced that unsold tokens will be burned 24 hours after the offering end date. Thus, the number of circulating tokens was adjusted according to the amount of tokens distributed in the pre-sale. After a brief rally to the initial $0.01281 high, the price reached a new ATH level with new buyers coming in from the lows.
Where will CryptoCoin be used?
CryptoKoin owners, apart from participating in surveys or events, will have the opportunity to buy or sell on the NFT platform to be created on Kriptokoin.com, which will have the right to pre-sale participation in the NFT collections to be created for Kriptokoin.com.
On the other hand, CryptoKoin owners who will have the right to participate in games and tasks to be created on Kriptokoin.com will be able to donate directly to their favorite authors with the donation system to be created in the future, and in return they will be able to receive loyalty badges or NFTs.
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