Kinetiq’s KNTQ Sets Record Above $0.50 as Market Cap Tops $156 Million
Photo: TokenPost
Kinetiq (KNTQ), a liquidity-staking protocol token in the Hyperliquid ecosystem, climbed above $0.50 to an all-time high Thursday, pushing its market capitalization above $156 million as Hyperliquid’s HYPE token also rose. An earlier Thursday snapshot showed KNTQ up more than 15% in nearly six hours. The new peak extended a run in which KNTQ gained 47.7% over the 14 days through Oct. 28, when it set its previous $0.4547 record . That earlier high came as Elysium, a layer-2 network Kinetiq is developing for Hyperliquid, neared its scheduled Nov. 9 mainnet launch. At 11:42 a.m.
Source: TokenPost
