Kyber Network (KNC) outperforms most cryptocurrencies with a 57 percent gain in January

• Kyber Community (KNC) outperformed the market with a 50 %+ month-to-month acquire after the introduction of Kyber 3.0 and interoperability all through a number of decentralized exchanges.

• Volatility seems to rule supreme within the cryptocurrency market, and fear, anxiousness, and skepticism are at an all-time excessive. 

• It’s tough for any mission to emerge above the cacophony and obtain constructive worth will increase, though a number of initiatives are demonstrating fortitude throughout the current droop.

KNC is a decentralized trade (DEX) that operates in a multichannel context and aggregation expertise that connects decentralized finance (DeFi) apps and their clients to liquidity sources that provide the very best charges.

The worth of KNC has risen 57 % from reaching a low of $1.18 on Jan. 6 to a steady peak of $1.87 on Jan. 27 however this weakening within the crypto market.

One other issue contributing to KNC’s bullish momentum is the persevering with inclusion of recent decentralized buying and selling techniques into the Kyber Community ecosystem.

KNC is broadly accessible on exchanges

KNC is the second-most-present DEX token when it comes to trade availability, and it’s now accessible on 80 completely different exchanges.

There’s a constructive outlook for KNC on Jan. 22, earlier than the most recent worth spike. It’s primarily based on a rating that contains an algorithmic evaluation of previous and current market circumstances primarily based on numerous knowledge sources reminiscent of market temper, buying and selling quantity, newest worth modifications, and Twitter visitors. 

The Rating for KNC surged into the inexperienced and reached a peak of 79 on Jan. 22, roughly 35 hours earlier than the worth gained 44 % over the next three days, as seen within the chart above.