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Konstrukt (KST)

Crypto Token Konstrukt (KST) up 874% Today

Posted Friday, April 22, 2022 by
Timothy St. John • 2 min read

It looks like Kontrukt (KST) is the crypto coin to watch today, moving from $0.000002394 (KST/USD) to $0.00001681 over the last 24 hours and experiencing a 24-hour gain of 874% That makes it the top-gaining token for the day so far by a long shot.

What Is Konstruckt?

Konstruckt launched earlier this month, on the 12th. This decentralized finance token is the currency that powers the Konstruckt platform. It’s a blockchain-based gaming world where playing earns users tokens that they can spend on cryptocurrency exchanges, putting the “crypto to work for you”, as the creators put it. The play-to-earn system rewards users and time investment, unlocking new features for the game and paying players with its integrated blockchain system.

The Konstrukt gaming and crypto platform also offers NFTs, as most coins of its like do these days.

There is no data available for the market cap on the KST coin, but its fully diluted market cap is $1,681,847.44 and growing fast. It currently has a very low trading volume, which opens the coin up to market manipulation and the presence of crypto whales. That’s the name for a collection of just a few token owners who hold the majority of the tokens available and can easily change the course of a token’s rate in a matter of minutes.

Why Is This Token Up So High Today?

We may be seeing the work of crypto whales with Konstruckt right now. Its trade volume is up 21.96%, driving a massive price change in a short period of time. We have seen major rate changes for this crypto plenty of times before, and they usually end up falling back down close to the original price. It’s not a token that has proven its ability to retain a major price increase, as it moves quickly from one extreme rate to another.

While Konstrukt hasn’t been on the market very long, it is obviously a very volatile currency that has the potential to produce incredible gains on a small scale. Once its market cap grows, there will be more reason for its investors to dip in and attempt to make some quick profits. As it stands right now, it may be difficult to earn very much off this crypto, despite its huge gains recently.

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