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KOKOA
KOKOA
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Kokoa Finance is a crypto-asset-backed stablecoin platform where users can borrow KSD stablecoin against crypto assets without incurring any fees.
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KOKOA fundraising-history
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2021-09-29
Hashed,SkyVision Capital,A41
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2021-09-30
Kokoa Finance raised $ 2.3 M in strategic financing
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JUST IN: Ethereum $ETH unveils 10-year plan to achieve 10,000 transactions per second AND quantum resistance
Recently, the Crypto Assets market has shown significant Fluctuation, with the price of Ethereum experiencing a rapid Rebound after a sharp fall, followed by a period of oscillating decline. This market trend has raised numerous questions among investors regarding the future direction: How far will the fall continue? To what extent will the Rebound reach? How should other Tokens be operated? Is the pump trend still ongoing? These are the most pressing concerns for current market participants. After the Federal Reserve announced its interest rate decision, the price of Ethereum experienced a sharp fall, followed by a rapid rebound. Currently, the price is hovering near the support level of $3720. If this level is broken, the next support level around $3670 will also be tested. If the market continues to decline, $3560 may become a new key support point. As long as the price does not fall below this level, the overall rising trend may still remain intact, so a significant correction can still be seen as an opportunity to increase positions. In terms of Bitcoin, the support level around $115,000 is once again being challenged, and if it breaks down, the next important support level is around $110,000. Currently, the price of Bitcoin is around $116,500, while Ethereum is around $3,720. Both of these price points could be attractive entry points as they offer a higher potential risk-reward ratio. For other alternative coins, it is wise to reduce the frequency of operations amidst such severe market fluctuations. If the ideal replenishment price has not yet been reached, investors should remain patient. For positions that are already trapped, it is not advisable to cut losses too early to avoid losing principal. At this time, managing one's trading impulses and not rushing to act is key. Overall, the current market is at a critical turning point. Investors need to closely follow the performance of various important support levels while remaining cautious and patient, looking for potential investment opportunities amid the market's significant fluctuations. As a long-term investor, understanding market cycles, controlling risks, and taking decisive action at the right time are essential for achieving success in this challenging market.
In the current cryptocurrency market, CFX is like a hidden gem that has not received the attention it deserves. Unlike the highly regarded Layer 2 solutions or the short-term popular MEME coins, CFX has chosen a more pragmatic development path. Although the bull market has not yet fully sounded its horn, CFX has quietly laid out its plans in several important areas. It has not only participated in cross-border RMB on-chain experiments but has also made substantial progress in on-chain identity, asset, and data mapping. Notably, CFX has upgraded its tech stack to an AI-compatible layer and has successfully established partnerships with multiple实体企业. These achievements are not mere talk, but tangible technology and business implementations. If we view TON as the entry point in the social domain and SUI as the gateway in the gaming field, then CFX is likely to become an important channel for national financial links. However, despite CFX making significant progress in both technical and application levels, its market value does not seem to fully reflect this. The current price of $0.21 may provide investors with a rare opportunity to purchase a public chain project of systemic importance. In today's rapidly developing blockchain technology, the potential of CFX should not be underestimated. It may not be the most eye-catching project in the short term, but its long-term value and strategic position deserve close attention. For investors focusing on the future development of blockchain technology, CFX may represent a unique investment opportunity.
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