KMNO (Kamino Finance) rose 14.98% in 24 hours.

Gate News Bot news, on August 13, according to CoinMarketCap data, as of the time of writing, KMNO (Kamino Finance) is currently priced at $0.06, rising 14.98% in the last 24 hours, with a high of $0.06 and a low of $0.05. The current market capitalization is approximately $153 million, an increase of $19.9 million compared to yesterday.

Kamino Finance is a decentralized finance platform that offers users automated yield lending vault services. The platform supports a variety of stablecoins and cryptocurrency assets, allowing users to earn yields through deposits. Kamino Finance also provides various DeFi features such as liquidity mining and leveraged trading, aiming to provide users with comprehensive decentralized financial services.

Important news about KMNO recently:

1️⃣ Large Solana whales transfer huge amounts of funds to Kamino In the past 24 hours, a large whale wallet coded as BnwZvG has transferred 55,664 SOL tokens valued at $9.72 million from a centralized exchange to the Kamino platform. This significant influx of funds may indicate an increase in institutional investors' confidence in Kamino Finance, potentially bringing more liquidity and user activity to the platform.

2️⃣ Kamino platform attractiveness rises The influx of large funds reflects that Kamino Finance's competitiveness in the DeFi field is on the rise. As a platform that provides automated yield lending vault services, Kamino may be attracting more large investors and users through its diversified DeFi features.

3️⃣ Market sentiment is positive The KMNO token has risen by 14.98% in the past 24 hours, which is close to the time of significant capital inflow, indicating a positive market reaction. This may further stimulate more investors to pay attention to and participate in the Kamino Finance ecosystem.

From a technical perspective, the KMNO price has broken through the 0.06 dollar mark, demonstrating strong pump momentum. However, investors still need to closely monitor the potential pullback risks that may arise in the short term.

This message does not constitute investment advice. Investors should be aware of market volatility risks.