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Klaytn is an enterprise-grade blockchain platform designed for the building and distribution of decentralized applications. According to Gemini, the blockchain is comparable to Ethereum and focuses on developing a flexible platform for developers so that businesses can build service-focused blockchains on top of the Klaytn mainchain. The service-focused blockchains are referred to as Service Chains and allow any service-based application to utilize blockchain technology.
The KLAY token is the fuel and security of the Klaytn network. It is used for transaction fees when a decentralized application creates or executes a smart contract on the network. KLAY tokens are also distributed to contributors of the network.
Klaytn (KLAY) is the 41st largest cryptocurrency in the world by market cap, valued at $3,073,210,684. The current price of Klaytn is $1.18, which is -13.160% lower than yesterday. Prices have ranged between $1.36 and $1.11 over the past 24 hours. All prices are listed in US dollars and accurate as of January 22, 2022 04:01 UTC.
| Coin symbol | KLAY |
|---|---|
| Coin Marketcap | US$3,073,210,684 |
| Circulating KLAY | 2,603,691,290 |
| Current price | US$1.18 |
| All time high | US$4.34 |
| Notable team members | Jaesun Han |
| Partnerships | Korea Economic Daily, Chainlink |
| Industry | Blockchain platform |
| Token uses | Utility token |
| Network | Klaytn |
Historical prices compared with the price of US$1.18.
| 1 hour | 0.28% |
|---|---|
| 24 hours | -13.16% |
| 7 days | -14.57% |
| 14 days | -8.40% |
| 30 days | -8.95% |
|---|---|
| 60 days | -19.06% |
| 200 days | 14.86% |
| 1 year | 111.19% |
Disclaimer: Cryptocurrencies, including Klaytn, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KLAY is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Klaytn or any other cryptocurrency discussed.