King Protocol Price (KING)

The live King Protocol (KING) price today is $ 405.34, with a 1.88% change over the past 24 hours. The current KING to USD conversion rate is $ 405.34 per KING.
King Protocol currently ranks #- by market capitalization at $ 4,150,695, with a circulating supply of 10.24K KING. During the last 24 hours, KING traded between $ 402.78 (low) and $ 414.46 (high), reflecting market activity. Its all-time high stands at $ 3,400.5, while the all-time low was $ 400.49.
In short-term performance, KING moved +0.16% in the last hour and -6.53% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of King Protocol is $ 4.15M, with a 24-hour trading volume of --. The circulating supply of KING is 10.24K, with a total supply of 10244.22206761157. Its Fully Diluted Valuation (FDV) is $ 4.15M.
+0.16%
-1.87%
-6.53%
-6.53%
During today, the price change of King Protocol to USD was $ -7.7492700001942.
In the past 30 days, the price change of King Protocol to USD was $ -99.4259296680.
In the past 60 days, the price change of King Protocol to USD was $ -217.4076354580.
In the past 90 days, the price change of King Protocol to USD was $ -734.7142059833115.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -7.7492700001942 | -1.87% |
| 30 Days | $ -99.4259296680 | -24.52% |
| 60 Days | $ -217.4076354580 | -53.63% |
| 90 Days | $ -734.7142059833115 | -64.44% |
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 the current trading price of King Protocol?
King Protocol (KING) is currently priced at $405.34 USD, reflecting a price movement of -1.87% over the last 24 hours. This price represents the latest aggregated market rate across major exchanges and updates continuously based on live market activity.
What factors are influencing King Protocol's price movement today?
The recent price movement over the last 24 hours is shaped by a combination of market sentiment, liquidity fluctuations, and category-wide performance within the Decentralized Finance (DeFi),Arbitrum Ecosystem,Ethereum Ecosystem,Base Ecosystem,Restaking,Swellchain Ecosystem sector. Broader economic trends and on-chain activity on -- may also contribute to short-term volatility.
How strong is the trading interest in KING?
Investors have generated $-- in 24-hour trading volume, signaling active participation. Higher volume typically indicates increased confidence and better price discovery.
What is King Protocol's position in the global crypto market?
It currently holds market rank #2290 with a market capitalization of $4150695, placing it among the more established assets within its sector.
What does the circulating supply tell us about KING?
With 10244.22206761157 tokens in circulation, the supply level plays a major role in determining scarcity, long-term inflation, and market valuation.
How does today's price compare to King Protocol's recent performance?
The price range between $402.78 and $414.46 over the last 24 hours highlights its intraday volatility and helps traders evaluate short-term price opportunities.
How does King Protocol stack up against similar assets?
Against other Decentralized Finance (DeFi),Arbitrum Ecosystem,Ethereum Ecosystem,Base Ecosystem,Restaking,Swellchain Ecosystem tokens, KING continues to show competitive performance, supported by steady volume and consistent interest from both retail and institutional participants.
| Time (UTC+8) | Type | Information |
|---|---|---|
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| 12-10 09:12:14 | Industry Updates | Crypto Fear Index Rises to 26, Escaping the "Extreme Fear" Zone |
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