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Klaytn Price Up 12.3% to $1.80 – Where to Buy KLAY

Klaytn Price Up 12.3% to $1.80 – Where to Buy KLAY
Klaytn Price Up 12.3% to $1.80 – Where to Buy KLAY

Bitcoin is currently up by more than 50% since its July 20 lows. Most altcoins are also on a steady rise, and they have made significant gains in August. Klaytn is a blockchain network that has seen a spike in activities, and its native token, KLAY, is also making significant gains.

KLAY is trading at $1.80 at the time of writing after a 12.4% gain in 24 hours.

KLAY Price Analysis

KLAY Price Analysis Aug 14
Source: Tradingview

KLAY has been on a steady uptrend since July 20. This uptrend has seen the altcoin move to create new highs. Currently, the altcoin is eyeing the $2 value, which could be achieved if the current market support remains strong.

To reach $2, Klaytn needs to break past the immediate resistance of $1.80. This is a critical price for the coin, and we could see an even larger rally if prices manage to go beyond this level. If Klaytn reaches $2, buyers will jump in, and demand would fuel the coin to hold past the $2.20 levels.

However, because of the massive gains made in the past day, a downtrend could happen, where we will see KLAY undergo a slight correction despite market support. If this price dip happens, we will see Klaytn retest the lower support of $1.60, which could give the coin the support needed to make a bull run.

The Klaytn Foundation has announced that it will take over the role of the core committee that will be responsible for the oversight of scalability and global expansion plans of the blockchain and its ecosystem. The Klaytn Foundation will be taking over from the Kakao blockchain that previously held the role. This will give Klaytn the support needed to boost is a rapidly growing ecosystem.

Where to Buy KLAY

If you want to buy KLAY, you can do so on the following crypto exchange platforms:

  • eToro

One of the exchange platforms where you can buy KLAY tokens is eToro. eToro is a leading exchange that supports a wide range of cryptocurrencies and trading pairs. eToro also has a great reputation for having a social copy trading feature that allows new traders to learn from market experts.

  • OKEx

The other platform where you can buy KLAY tokens is OKEx. OKEx is one of the largest cryptocurrency exchange platforms. It also supports a wide range of cryptocurrencies and trading pairs. Trading fees and commissions on this platform are also low.

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