Calamari Network Reports Double-Digit Growth Following Partner Announcements
Calamari Network, a protocol closely associated with Manta Network, has experienced significant growth after several partner announcements. The market capitalization of Calamari Network (KMA) currently stands at $26 million, derived from the token price multiplied by the circulating supply of KMA tokens, which is currently four billion tradable tokens.
Impressive Performance in the Cryptocurrency Market
KMA has seen a remarkable surge of 53.3% in the last 24 hours and a substantial increase of 78.8% in the last 7 days. This performance sets KMA apart from the global cryptocurrency market, which is currently experiencing a decline of 4.7%. Additionally, KMA outperforms other Zero Knowledge (ZK) cryptocurrencies with a growth rate of 6.9%.
Calamari Network’s Role as a Privacy-Preservation Protocol
Calamari Network is known as a plug-and-play privacy-preservation protocol for the entire defi stack on Kusama. Its close connection to Manta Network on Polkadot suggests that two important announcements made by Manta Network will have a positive impact on Calamari Network.
Manta Network’s New Developments
Manta Network has recently introduced the Binance Launchpool for MANTA and unveiled itself as the modular Layer 2 solution for Zero-Knowledge (ZK) applications. These announcements are expected to benefit Calamari Network.
Hot Take: Calamari Network Thrives with Manta Network Partnership
With its recent partner announcements and strong performance, Calamari Network demonstrates its potential for growth and success in the cryptocurrency market. The close ties with Manta Network further enhance its prospects, making it an attractive investment option for crypto enthusiasts.
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