Kinesis Silver

KAG Price

What is Kinesis Silver?

Kinesis silver (KAG) is a silver-backed cryptocurrency, launched by Kinesis - a global trading and digital asset utility platform. Each Kinesis silver (KAG) token is backed by 1 ounce of investment-grade silver bullion, securely stored in Kinesis’ fully insured, audited vaults. The mission behind KAG is to reintroduce physical silver backing to money and provide the global community with a stable store of value. Kinesis silver (KAG) has the everyday utility of a fiat currency; the borderless efficiency of a cryptocurrency, and none of the inherent volatility. KAG enables physical silver bullion to be instantly purchased, traded, spent and sent anywhere in the world, bringing real-world access, value, and utility to physical precious metals. A true stablecoin, KAG allows crypto traders to easily exit volatile markets and enter into the enduring value of physical silver, while earning a monthly yield.

What makes Kinesis Silver unique?

In an economic first, KAG holders earned the first debt-free yield on precious metals. All KAG holders receive a passive yield - paid monthly in KAG - simply for holding their metals on the Kinesis platform. The yield is calculated from a 15% share of Kinesis’ global transaction fee revenue which is shared with users who store their silver on the platform. Unlike other silver tokens, KAG can be instantly spent with the Kinesis Virtual Card, worldwide. Accessible via mobile device, the virtual card lets people everywhere instantly convert their KAG holdings into local currency at the point of sale, anywhere Mastercard is accepted. Through digitalising physical gold in the form of KAG, Kinesis has successfully reintroduced silver as a currency.

What can Kinesis Silver be used for?

KAG enables physical silver bullion to be instantly purchased, traded, spent and sent anywhere in the world, bringing real-world access, value, and utility to physical precious metals. A true stablecoin, KAG allows crypto traders to easily exit volatile markets and enter into the enduring value of physical silver, while earning a monthly yield. Every single ounce of silver underpinning KAG is available for redemption, at the click of a button.

Where can you buy Kinesis Silver?

KAG tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Kinesis Silver is Kinesis Money, where the most active trading pair KAG/C1USD has a trading volume of $422,876.81 in the last 24 hours.

What is the daily trading volume of Kinesis Silver (KAG)?

The trading volume of Kinesis Silver (KAG) is $484,486.37 in the last 24 hours, representing a -41.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Kinesis Silver (KAG)?

Kinesis Silver (KAG) reached an all-time high of $130.00 and an all-time low of $4.36. It’s now trading -53.10% below that peak and 1,296.00% above its lowest price.

What is the market cap of Kinesis Silver (KAG)?

Market capitalization of Kinesis Silver (KAG) is $226,699,986 and is ranked #180 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KAG tokens (3.7 Million tokens are tradable on the market today).

What is the fully diluted valuation of Kinesis Silver (KAG)?

The fully diluted valuation (FDV) of Kinesis Silver (KAG) is $223,183,928. This is a statistical representation of the maximum market cap, assuming total number of 3.8 Million ETH tokens are in circulation today.

How does the price performance of Kinesis Silver compare against its peers?

With a price decline of -6.80% in the last 7 days, Kinesis Silver (KAG) is underperforming the global cryptocurrency market which is down -2.70%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 9.20%.