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responsibletrad8r
Apr 16, 2022 1:12 PM

KNC on a newer high is good for another move up to ATH Long

Kyber Network / US DollarBinance

Description

i am locking forward to buy some altcoins, KNC looks promissing

What are your toughts? Are there better coins to buy?
Comments
ttrumbo91
Personally think KNC is still undervalued at this price level. It offers 10 different Layer 1/Layer 2 chains to perform token swaps. It can use multiple liquidity pools in one swap while also intelligently finding the cheapest path to the token you want to swap to by performing multiple swaps over multiple liquidity pools to achieve this. On average KyberNetwork is $5-$10 cheaper vs UniSwap in my uses. If KNC was to have a marketcap equal to UniSwap it would be over $40 per token.

Add in to the fact of the current political climate. We have Russian sanctions affecting regular citizens, crazy Indian taxes/regulations. DEFI/DEX's are the future and KNC is one of the most versatile of all DEXs/DEFI services combining many DEX's into a single DEFI service.
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