on December 7 K15 launchpopular to realize DeFiproject kava( KAVA) can gain a solid momentum with the news effect.
DeFione of the leading projects in its field kava , has been coming to the fore lately due to its news impact. on December 7 15K launch The project, which announced that it will launch , continues to attract attention on social media. Kava, which has started the countdown from the official X account, will be stepping into the new K15 as of tomorrow.
During periods when the market is doing well Launch, MainnetAnd burn If we consider that news like this move related projects up, we are likely to see some activity in KAVA. The company also announced that on January 1, 2024 KAVA He announced that inflation would be zero. Can Kava, which will make two different developments in a very short period of time, gain positive momentum on a token basis? What is the latest situation for KAVA?
🚀 Just 2 days to #KAVA 15 launch! Zero inflation is on the horizon. 🎉 pic.twitter.com/WT5Rl0ZhLZ
— Kava (@KAVA_CHAIN) December 5, 2023
It gives confidence as long as it maintains the rising trend!
KAVA, which started its rising trend structure on November 22, managed to approach the 0.85 dollar band despite the volatile movements. The popular DeFi coin, which is traded at $ 0.823 as of the writing of the news, can continue its upward movement up to $ 0.981 – 1.075 – 1.157 and $ 1.279, respectively, if it breaks $ 0.852 in volume. In this process, as much as technical analysis, news from Kava and developments on the DeFi side will play a critical role.
Decreasing interest in DeFi-related coins, BTC Domination Situations such as price increase, BTC’s bearish pricing or KAVA breaking the rising trend will naturally pull the parity to lower levels. In such a scenario, it is highly likely that we will first see a decrease towards the monthly opening price and then towards 0.758 – 0.667 and 0.609 dollars respectively.
