According to a report by CoinGecko, the NADA token protocol, provided by a Korean game developer, was one of the top trending coins on January 12.
As of the last update, the live NADA Protocol Token (NADA) price is $0.062975, with a 24-hour trading volume of $12 million. This marks a notable 185% increase in the last 24 hours. Over the last seven days, NADA has shown a substantial price increase of 154%.
This outperformance is particularly notable compared to the broader global cryptocurrency market, which has seen a more modest 5.2% increase. Furthermore, when compared to comparable cryptocurrencies within the Hedera ecosystem, NADA stands out, outperforming the average performance of its peers.
As a Hedera-based reward-type token, NADA is commonly employed in an ecosystem that integrates metaverses and blockchain-based nft mobile games. The token facilitates organic connections within the realms of gaming and the metaverse, developed and supplied by NADA Digital Co., a prominent game developer in Korea.
Its most recent price rally is said to be due to news following the announcement on January 12 that NADA coin trading would be available on the DEEPCOIN Exchange, a major global futures exchange on January 16, along with some effects. indirect effects of the positive bitcoin ETF. announcement earlier in the week