Kryll.io experienced an 85% rise in its native token, KRL, on Tuesday morning. This increase follows the announcement of a new KRL/ETH liquidity pool on Uniswap v3. This step, taken by the platform with the aim of increasing transactions and liquidity, made Kryll popular on Google. According to CoinGecko data, kryll ‘s trading volume in the last 24 hours increased by 50% to $43.6 million and the token price traded at $1.07. Kryll.io is a crypto trading automation platform that allows users to automate their trading strategies. this too cryptocurrency makes trading more accessible.
The KRL/ETH liquidity pool announced by Uniswap v3 is considered an important step that can greatly benefit Kryll.io’s users and investors. This new pool has the potential to reduce slippage and increase transaction efficiency by utilizing Uniswap v3’s sophisticated liquidity management. This will allow Kryll users and investors to manage their trading strategies more effectively.
Uniswap v3 is an advanced decentralized exchange protocol on the Ethereum blockchain and offers a tiered fee system to optimize liquidity provision and trading. This system is expected to benefit liquidity providers in the KRL/ETH pool and align with Kryll’s vision of a rewarding ecosystem for contributors.
Bitcoin, the leading cryptocurrency in terms of market cap, experienced a significant increase in the early hours of March 25, reaching as high as $67,600. The main reason for this increase is that big whale investors in the US made significant purchases into the market over the weekend.
