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What is Kwenta (KWENTA)?

Kwenta basic info

Name:Kwenta

Ticker:

KWENTABuy now

Introduction:

Kwenta is a platform that enables users to trade synthetic assets, which are tokenized derivatives representing the value of another asset. The platform is built on the Synthetix protocol and operates on layer 2 Optimism. This allows for lower gas costs and higher scalability. Additionally, Kwenta offers isolated margin and up to 25x leverage. To determine asset prices, the platform uses a hybrid oracle approach that combines Chainlink and PYTH. Traders need to deposit sUSD and must meet a $40 minimum deposit requirement to encourage timely liquidations.

How does Kwenta (KWENTA) Work?

If you're planning to buy synthetic assets, open a Futures position, or leverage any of the financial tools available on Kwenta, you'll need to use sUSD. This is because Kwenta quotes its asset prices against sUSD. Choosing sUSD also supports Kwenta's decentralized ethos. It's worth noting that sUSD is a fully decentralized stablecoin that's minted by Synthetix, a decentralized liquidity protocol. Because of its decentralized issuance, sUSD cannot be muted, blocked, or stopped.

What is the KWENTA Token?

In order to encourage collaboration and expansion within the Kwenta DAO, the KWENTA token will serve as a means of incentive. Its two main uses will be staking and governance.

Current price:

$44.24More price details

All-time high:$804.55

All-time low:$24.5

KWENTA supply and tokenomics

Circulating supply:431,809.1 KWENTA

Total supply:607,155.62 KWENTA

Max supply:0 KWENTA

Market cap:$19.10M

Fully diluted market cap:$26.86M

Links

Website:https://kwenta.eth.limo/

X:https://twitter.com/kwenta_io

Buy Kwenta for $1Buy KWENTA now

What is the development prospect and future value of KWENTA?

The market value of KWENTA currently stands at $19.10M, and its market ranking is #797. The value of KWENTA is not widely recognized by the market. When the bull market comes, the market value of KWENTA may have great growth potential.

As a new type of currency with innovative technology and unique use cases, KWENTA has broad market potential and significant room for development. The distinctiveness and appeal of KWENTA may attract the interest of specific groups, thereby driving up its market value.

What will the price of KWENTA be in 2025?

Based on KWENTA's historical price performance prediction model, the price of KWENTA is projected to reach $61.08 in 2025.

What will the price of KWENTA be in 2030?

In 2030, the KWENTA price is expected to change by -9.00%. By the end of 2030, the KWENTA price is projected to reach $73.14, with a cumulative ROI of +56.53%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of KWENTA and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

KWENTA price KWENTA news

Is KWENTA worth investing or holding? How to buy KWENTA from a crypto exchange?

If you want to buy KWENTA, the following information may be helpful for your investment decisions:

In the last seven days, the price of KWENTA has risen by 20.38%, leading to positive returns for most KWENTA investors. The market is currently optimistic about the price trend of KWENTA.

It is important to note that the current price of KWENTA has retreated by -94.50% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether KWENTA is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in KWENTA or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of KWENTA, if you want to buy or sell KWENTA, you can consider Bitget for your trading needs. The best place to buy KWENTA is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Kwenta has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Kwenta. Here's a step-by-step guide on how to buy Kwenta on Bitget.

Buy KWENTA now Coin buying guide

How to get Kwenta through other methods？

Using cash to buy Kwenta is not the only way to obtain Kwenta. If you have the time to spare, you can get Kwenta for free.

Learn how to earn Kwenta for free through the Learn2Earn promotion.

Earn free Kwenta by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Kwenta airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Kwenta through Bitget Convert, Bitget Swap, or spot trading.

What is Kwenta used for and how to use Kwenta?

The use case of Kwenta may expand as the crypto market and the project itself develop. Currently, you can use KWENTA to achieve the following goals:

Arbitrage by trading KWENTA: Since KWENTA is a frequently traded cryptocurrency, the price of KWENTA is always fluctuating. Earn more KWENTA by buying low and selling high on the exchange. Bitget spot market provides a variety of KWENTA trading pairs to fully meet your needs.

Earn by staking KWENTA: You can also generate income through financial management methods such as staking KWENTA or lending KWENTA. Bitget Earn offers a variety of financial products designed to help you earn more income from your KWENTA.

Send or pay KWENTA: If you want to give KWENTA to your friends, a charity, or a fundraiser, or you want to pay someone with KWENTA, you can quickly and easily send KWENTA to the recipient through their payment address.

You can also go to the official website of the Kwenta project to learn more about the use cases of KWENTA. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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