Yesterday, we introduced an article analyzing that the price of KOK rose by a whopping 2205% in 2021. Today, we would like to release the transaction volume details that were presented in the data.
The cryptocurrency market grew significantly last year. Many new coins were introduced and most of the already-existing cryptocurrencies were splendidly revived by renewing their all-time high prices, accompanied by an explosive rise in trading volume.
In the second half of the year, the growth rate in trading volume slightly slowed down but KOK’s trading volume continued to increase. From July to December of 2021, the average trading volume of KOK increased every month except October. Significantly, in August 2021, there was a 89.84% rise from the previous month that was further followed by a 73.69% rise in November.
During this period, the transaction volume of leading cryptocurrency Bitcoin rose by 24.46% and second biggest Ethereum dropped by 17.9%. Meanwhile, KOK’s transaction volume increased by a striking 162.45%.
When comparing KOK transactions with the current №1 payment token Crypto.com Coin (CRO), KOK’s transactions in the last two months exceeded CROs average daily transactions by over 400 transactions and since December 8th, KOK’s 7-day moving average has been approximately 1,500 transactions higher.
Additionally, there has been a steep exponential growth in the number of KOK wallets, with the number surpassing 150,000 as of January 17th, 2022. The number is expected to continue increasing and surpass the 200,000 Crypto.com wallets within the year.
KOK is currently providing content and shopping services that support payments within the platform. In 2022, our goal is to support offline payment services with Medium Pay and become the №1 payment token in the world. We will constantly strive to become a better platform with increasing value and recognition.
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