Kava (KAVA) Jumps 8.26% After Coinbase Listing, MEMAG, FGHT, CCHG & TARO See Gains
• Kava (KAVA) gained 8.26% after being listed on Coinbase.
• MEMAG, FGHT, CCHG, and TARO were also some of the biggest crypto gainers on Wednesday.
• Kava is an interoperable platform that supports Ethereum Virtual Machine smart contracts and Cosmos‘ Inter Blockchain Communication Protocol.
On Wednesday, January 25th, the crypto market was abuzz with activity as Bitcoin touched the much anticipated $23 price level. However, it wasn’t just Bitcoin that was making headlines, as many other tokens also saw significant gains. Kava (KAVA) was the biggest gainer of the day, jumping 8.26% after being listed on Coinbase.
MEMAG, FGHT, CCHG, and TARO were also some of the biggest crypto gainers on Wednesday. MEMAG is a decentralized exchange that enables users to trade digital assets with zero fees. FGHT is a new blockchain-based platform that offers a range of financial services including asset management, trading, and payments. CCHG is a blockchain-based platform that enables users to securely store, manage, and transfer digital assets. Finally, TARO is a decentralized exchange that enables users to securely store, trade, and manage digital assets.
Kava (KAVA), however, was the biggest gainer of the day. The native platform, Kava, has been steadily building out its ecosystem and is now the 13th biggest platform in terms of total value locked in and the 11th in terms of protocols launched. It supports Ethereum Virtual Machine smart contracts and Cosmos‘ Inter Blockchain Communication Protocol, making it interoperable with both Ethereum and Cosmos. This listing on Coinbase is expected to bring more liquidity to the market, potentially leading to bigger price movements.
Kava is a layer-one token and was recently listed on Coinbase on January 18th. It has seen a significant surge in its price since then, although it is currently trading at the same price of $1.03 where it was a week ago. It did touch a high of $1.13 on Wednesday.
Overall, the crypto market was very active on Wednesday, with many tokens seeing significant gains. Kava (KAVA) was the biggest winner of the day, jumping 8.26% after being listed on Coinbase. Other tokens such as MEMAG, FGHT, CCHG, and TARO were also some of the biggest crypto gainers on Wednesday. Kava is an interoperable platform that supports Ethereum Virtual Machine smart contracts and Cosmos‘ Inter Blockchain Communication Protocol, making it interoperable with both Ethereum and Cosmos. This listing on Coinbase is expected to bring more liquidity to the market, potentially leading to bigger price movements.