Just a week ago, it was announced that the founder of Yearn Finance, Andre Cronje had launched his new token. This is the latest project that has been launched by the famously-notorious programmer known as KP3R.
As per the crypto-data analyzing sources, there has been a shocking revelation related to the KP3R token. It has been revealed that the price of the newly launched token has sky-rocketed in a matter of hours. Sources suggest that the surge has been observed due to the degen farmers piling up for investments in the project.
The KP3R token belongs to Andre Cronje’s latest project that is known as the Keep3r Network. As per Cronje, this project is set to act as a decentralized marketplace that will be powered by the smart contracts. The marketplace will offer technical-gigs for the people who are running or are planning to set up their on blockchains or decentralized platforms.
The developers/owners will be able to acquire the skills and expertise of independent programmers or technical workers in order to get their projects up and running. As per Cronje, the marketplace will offer job opportunities for the blockchain and crypto programmer/developer community.
The data collected by the crypto-data analyzing firms shows how the KP3R token saw a 2000% surge in its price. The data suggests that as soon as the project was launched, the platform was aped-in by the degen farmers. These farmers made investments without even going through the mechanism of the project.
As a result of such high investments, the price of the token went over $180 in a matter of hours. One of the largest cryptocurrency exchanges, Uniswap has also confirmed this news on their info website.
The cryptocurrency exchange, Uniswap informed that the trade for KP3R started from a low figure of $10 per token. In a matter of hours, the price of the token went up by 2000% and brought it over $180.
According to a major crypto-data analyzing firm, Coingecko, the KP3R token has already reached a $35 Million market capitalization.