King Protocol Price (KING)

The live King Protocol (KING) price today is $ 381.08, with a 3.86% change over the past 24 hours. The current KING to USD conversion rate is $ 381.08 per KING.
King Protocol currently ranks #- by market capitalization at $ 3,732,758, with a circulating supply of 9.79K KING. During the last 24 hours, KING traded between $ 376.47 (low) and $ 413.69 (high), reflecting market activity. Its all-time high stands at $ 3,400.5, while the all-time low was $ 376.47.
In short-term performance, KING moved +0.77% in the last hour and -12.15% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of King Protocol is $ 3.73M, with a 24-hour trading volume of --. The circulating supply of KING is 9.79K, with a total supply of 9793.848650586337. Its Fully Diluted Valuation (FDV) is $ 3.73M.
+0.77%
-3.86%
-12.15%
-12.15%
During today, the price change of King Protocol to USD was $ -15.3140093487111.
In the past 30 days, the price change of King Protocol to USD was $ -112.4948160000.
In the past 60 days, the price change of King Protocol to USD was $ -202.5226795200.
In the past 90 days, the price change of King Protocol to USD was $ -741.2398092125015.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -15.3140093487111 | -3.86% |
| 30 Days | $ -112.4948160000 | -29.52% |
| 60 Days | $ -202.5226795200 | -53.14% |
| 90 Days | $ -741.2398092125015 | -66.04% |
In 2040, the price of King Protocol could potentially see a growth of 0.00%. It could reach a trading price of $ --.
Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens.
King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers.
This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.
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What is King Protocol about?
King Protocol, formerly known as LRT², addresses the challenges of distributing fractional ERC-20 token rewards through restaking protocols. It provides a unified restaking reward system where KING tokens represent a share of a vault containing restaking rewards. LRTs deposit these rewards into the vault and mint and distribute KING tokens to their restakers, streamlining the distribution process and reducing transaction costs.
What makes King Protocol unique?
King Protocol stands out by addressing inefficiencies in fractional reward distribution. It enhances the user experience by simplifying reward management for small stakers, eliminating the complexity of handling fractional amounts. Additionally, it fosters an active market for larger stakeholders through the ability to redeem or arbitrage vault share tokens, which helps stabilize the King token price and drive liquidity.
What can King Protocol be used for?
King Protocol is designed to streamline the distribution of restaking rewards, reduce transaction costs, and improve the efficiency of reward management for both small and large stakers. It facilitates the creation of an active market for vault share tokens, contributing to token price stability and increased liquidity.
How much is King Protocol worth right now?
King Protocol is currently trading at $381.08, with a price movement of -3.86% over the last 24 hours. This live price offers a snapshot of real-time market activity and investor sentiment.
Is KING going up or down today?
KING has shown a price movement over the last 24 hours, reflecting how the market is reacting to recent news, trading volume, and developments within the Decentralized Finance (DeFi),Arbitrum Ecosystem,Ethereum Ecosystem,Base Ecosystem,Restaking,Swellchain Ecosystem ecosystem.
How popular is King Protocol today?
The token has recorded $-- in 24-hour trading volume, indicating how many traders are actively buying or selling KING.
What makes King Protocol different from other crypto assets?
As part of the Decentralized Finance (DeFi),Arbitrum Ecosystem,Ethereum Ecosystem,Base Ecosystem,Restaking,Swellchain Ecosystem category and built on the -- network, KING offers a specific utility and role within its ecosystem, which may include payments, staking, governance, or application-specific use cases.
How much KING exists in the market?
There are 9793.848650586337 tokens in circulation today, which helps determine the token's scarcity and overall market value.
What is King Protocol's all-time high and low price?
The token's highest recorded price (ATH) is $3400.5, while its lowest point (ATL) is $376.47, offering important context for long-term investors evaluating price cycles.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-15 15:51:37 | Industry Updates | UK Treasury is Developing New Regulations for the Crypto Market |
| 12-15 07:04:00 | Industry Updates | In the past 24 hours, total liquidations across the market reached $311 million, with long positions accounting for $265 million in liquidations |
| 12-14 19:51:38 | Industry Updates | 24-hour Spot Capital Inflow/Outflow Ranking: BTC Net Outflow of $151 Million, ETH Net Outflow of $42 Million |
| 12-14 15:58:11 | Industry Updates | This week, the crypto sector received $176 million in new funding, with total crypto funding exceeding $25 billion this year |
| 12-12 15:52:17 | Industry Updates | Data: Bitcoin whales have sold or transferred 36,500 BTC this month |
| 12-12 08:40:19 | Industry Updates | US SEC Chairman: Crypto Currency Working Group to Host Roundtable on May 15 to Discuss Policy Issues Related to Financial Monitoring and Privacy |
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