Calamari Network, a protocol closely linked to Manta Network, has seen significant growth recently due to various partner announcements. The market capitalization of Calamari Network (KMA) currently stands at $26 million, calculated by multiplying the token price with the circulating supply of KMA tokens, which is four billion.
In the past 24 hours, KMA has surged by 53.3%, and in the last 7 days, it has increased by 78.8%. This performance surpasses the global cryptocurrency market, which has experienced a 4.7% decline. Additionally, KMA has outperformed similar Zero Knowledge (ZK) cryptocurrencies, which have only shown a 6.9% increase.
Calamari Network is known for being a plug-and-play privacy-preservation protocol for the entire defi stack on Kusama and is closely linked to Manta Network on Polkadot. Recent announcements on Manta Network are expected to have a positive impact on Calamari Network.
The introduction of the new Binance Launchpool for MANTA and the unveiling of Manta Network as the modular Layer 2 solution for Zero-Knowledge (ZK) applications are some of the significant developments that are driving growth for Calamari Network.
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