Kinetiq, a liquid staking platform on the Hyperliquid blockchain, launched its KNTQ governance token on Nov. 27.
At press time, KNTQ is trading at $0.13, up nearly 19% over 24 hours, with $27.7 million in trading volume and a market cap of $35.3 million, implying a fully diluted valuation (FDV) of around $130 million.
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