King Protocol Price (KING)

The live King Protocol (KING) price today is $ 378.15, with a 0.26% change over the past 24 hours. The current KING to USD conversion rate is $ 378.15 per KING.
King Protocol currently ranks #- by market capitalization at $ 3,807,155, with a circulating supply of 10.06K KING. During the last 24 hours, KING traded between $ 375.57 (low) and $ 387.93 (high), reflecting market activity. Its all-time high stands at $ 3,400.5, while the all-time low was $ 340.52.
In short-term performance, KING moved -0.11% in the last hour and -1.60% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of King Protocol is $ 3.81M, with a 24-hour trading volume of --. The circulating supply of KING is 10.06K, with a total supply of 10062.47867301586. Its Fully Diluted Valuation (FDV) is $ 3.81M.
-0.11%
+0.26%
-1.60%
-1.60%
During today, the price change of King Protocol to USD was $ +0.974574.
In the past 30 days, the price change of King Protocol to USD was $ -42.0559522500.
In the past 60 days, the price change of King Protocol to USD was $ -139.7056645650.
In the past 90 days, the price change of King Protocol to USD was $ -528.7810230002988.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.974574 | +0.26% |
| 30 Days | $ -42.0559522500 | -11.12% |
| 60 Days | $ -139.7056645650 | -36.94% |
| 90 Days | $ -528.7810230002988 | -58.30% |
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.
What is King Protocol's current price?
King Protocol trades at $378.15, reflecting a price movement of 0.25% over the last 24 hours.
What is the market cap and rank of KING?
With a market cap of $3807155, KING is ranked #2397 globally, showcasing its footprint in the cryptocurrency landscape.
How much trading volume does King Protocol generate daily?
It recorded $-- in 24-hour volume, indicating strong interest among traders and deep liquidity conditions.
What is the circulating supply of KING?
There are 10062.47867301586 tokens circulating in the open market.
What is the 24-hour price range?
King Protocol fluctuated between $375.57 and $387.93, reflecting daily volatility.
How does King Protocol compare to its ATH?
Its all-time high is $3400.5, offering a benchmark for long-term potential.
What long-term fundamentals influence KING?
Fundamentals include supply mechanics, adoption trends within the Decentralized Finance (DeFi),Arbitrum Ecosystem,Ethereum Ecosystem,Base Ecosystem,Restaking,Swellchain Ecosystem category, and development momentum on the -- network.
How does KING behave under different market conditions?
During high-volume periods, liquidity improves, and spreads tighten. In low-volume periods, price swings may become more erratic due to reduced depth.
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