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Kyber Network (KNC) gains 40% as its 3.0 network launch approaches

Published 03/17/2021, 05:30 PM
Updated 03/17/2021, 07:00 PM
Kyber Network (KNC) gains 40% as its 3.0 network launch approaches

The explosion of interest in non-fungible tokens over the past two months has taken some of the attention away from the decentralized finance sector but this doesn't mean that some projects are not seeing bullish breakouts.

One project that has continued to work on expandin the capabilities of its ecosystem is the Kyber Network (KNC), an on-chain liquidity protocol that aggregates liquidity from multiple sources to enable instant token swaps on any decentralized application (DApp).

KNC/USDT 4-hour chart. Source: TradingView
VORTECS™ Score (green) vs. KNC price. Source: Cointelegraph Markets Pro

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