King Protocol Price (KING)

The live King Protocol (KING) price today is $ 436.91, with a 5.14% change over the past 24 hours. The current KING to USD conversion rate is $ 436.91 per KING.
King Protocol currently ranks #- by market capitalisation at $ 4,399,841, with a circulating supply of 10.08K KING. During the last 24 hours, KING traded between $ 432.11 (low) and $ 463.63 (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 +0.12% in the last hour and -11.01% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of King Protocol is $ 4.40M, with a 24-hour trading volume of --. The circulating supply of KING is 10.08K, with a total supply of 10077.80645882239. Its Fully Diluted Valuation (FDV) is $ 4.40M.
+0.12%
-5.13%
-11.01%
-11.01%
During today, the price change of King Protocol to USD was $ -23.6526711344305.
In the past 30 days, the price change of King Protocol to USD was $ -108.6685173460.
In the past 60 days, the price change of King Protocol to USD was $ -302.7186422570.
In the past 90 days, the price change of King Protocol to USD was $ -466.441384162809.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ -23.6526711344305 | -5.13% |
| 30 Days | $ -108.6685173460 | -24.87% |
| 60 Days | $ -302.7186422570 | -69.28% |
| 90 Days | $ -466.441384162809 | -51.63% |
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 live trading price of King Protocol today?
The current trading price of King Protocol stands at £327.6267399073875000, updated in real time. This price reflects aggregated data across multiple markets, ensuring an accurate representation of global supply and demand.
How much trading activity is happening for KING?
KING recorded a 24-hour trading volume of £--. This metric is important for evaluating liquidity conditions — higher volume generally indicates more active markets and smoother order execution.
What is today's price performance for King Protocol?
In the last 24 hours, King Protocol has seen a price movement of -5.13%. A positive trend suggests stronger buying interest, while a negative trend may reflect short-term selling pressure or broader market downturns.
What pricing range has King Protocol traded in today?
Within the past day, King Protocol fluctuated between £324.0273525013875000 and £347.6633298007875000, giving traders insight into intraday volatility and potential support/resistance levels.
| Time (UTC+8) | Type | Information |
|---|---|---|
| 12-05 20:29:54 | Currency Policy | Bank of Japan's December Rate Hike Reaches High Consensus, Highest Interest Rate in 30 Years About to Land |
| 12-05 15:24:33 | Industry Updates | Solana Co-founder: Total Crypto Market Cap Will Continue to Rise, Eventually Becoming a Battle for Blockchain Market Share |
| 12-04 09:24:58 | Industry Updates | Crypto Market Rally Returns, ETF Capital Inflows Reach $1.1 Billion, Hitting a 7-Week High |
| 12-03 18:46:22 | Currency Policy | UK New Legislation: Cryptocurrencies Incorporated into "Personal Property" Protection System |
| 12-03 10:11:55 | Industry Updates | Crypto Market Shows Rebound with Widespread Gains, SUI and PENGU Up Over 20% |
| 12-03 06:23:37 | Industry Updates | $376 million liquidated across the market in the past 24 hours, mainly short positions |
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