The price of Krypton Dao (KRD) increases by 513 %during the week: will it keep the profits?

• The price for Krypton Dao (KRD) rose by 513 % to $ 2.69 within a week.
• The token has increased by over 100 % today.
• There are no major developments within the Krypton Dao, which is why investors fear that the profits will stop.

In a remarkable increase, which has attracted the attention of the crypto community, Krypton Dao (KRD) recorded an amazing price increase of 513 % last week and is currently being traded at $ 2.69

This increase increases the token within a week of modest $ 0.442 to a maximum of $ 2.99, which shows an unprecedented degree of investor enthusiasm or speculative trade. While the price of KRD is still under its all -time high of $ 4.04 reached on May 31, 2023, the current increase is approaching this brand.

How high are the chances that the price of cryptone dao (Krd) will continue?

The enthusiasm for the price movement of KRD was clearly felt on social platforms such as X, where the performance of the token was the subject of numerous discussions. Several contributions have highlighted the rise of Krd, whereby even greater short -term growth was mentioned in some articles, such as today's increase by 100 %.

crypton dao (krd) Coinmarketcap

This type of volatility is characteristic of the cryptocurrency market, especially for tokens such as Krd, which is currently in 295th place after market capitalization, which indicates that the eyes of many are still more of a speculative asset than a mainstream investment.

Despite the impressive growth, everyone asks the question of whether KRD can keep these successes.

Historically speaking, such fast climbs can follow as fast as it is with many cryptocurrencies that experience similar speculative bubbles.

The market capitalization of KRD is now $ 280,880,823, whereby a fully watered assessment indicates a much larger potential market if all tokens are in circulation. This discrepancy between current and potential assessment can be a signal for growth and a warning signal for volatility.

The trading volume of $ 322,177 in the past 24 hours illustrates the great interest, but also the speculative character of such investments.

While the community is full of optimism, experienced crypto analysts warn of jumping blindly. You recommend paying attention to further developments in the ecosystem of Krypton DAO, such as partnerships or platform upgrades that could offer a more stable basis for the price.

Without such catalysts, the sustainability of this increase remains uncertain, so that investors are wondering whether the current evaluation of Krd is a bladder that is waiting to burst or the beginning of a new chapter on their trip.