The crypto market is welcomed by new projects now and then. However, every other day, we witness projects that are unique and set to solve some complexities of the Blockchain. However, how often do you find a crypto project with expertise in switching between two Blockchains simultaneously?
Yes, KardiaChain makes it possible. The project is focused on revamping the way we use Blockchain and introducing new possibilities to the existing ecosystem. But how unique is the concept? Is the project worth investing for the long run? Let’s find out as we decrypt the core basics of the project and look at the price predictions in our blog.
KardiaChain (KAI): At A Glance
|Project name||Kardia Chain|
|KAI market cap||$31,795,639.79|
|All-time high rate||$0.16|
KardiaChain (KAI): Overview
KAI is the utility and governance token for KardiaChain. This token functions as a versatile digital asset that fulfills various needs for the system. KAI is a cryptocurrency that you can utilize. Users can also stake this token to win incentives. For new Bitcoin users, staking is a fantastic technique to secure benefits without having to keep an eye on or learn about market circumstances. Staking offers significantly lower risk and more consistent returns than trading. Staking protocols are, therefore, among the most used components of fourth-generation Blockchains. For Blockchains to access the network without making any technical changes to their own protocols, KardiaChain's platform must be entirely compatible and "non-invasive." KardiaChain features smart contracts that enable developers to connect their ledger to the system’s Blockchain. Decentralized public Blockchain KardiaChain (KAI) carries out transactions between two active Blockchains. According to the whitepaper, the platform promises to provide a sophisticated infrastructure that works on different chains and enables them to connect easily and potentially. Furthermore, the platform uses dual-master node technology to ensure optimal chain interaction. Dual-master nodes are used when more than one Blockchain runs concurrently without interfering with the ledger. The platform also employs the BFT (Byzantine Fault Tolerance) consensus method and DPoS (Delegated Proof-of-Stake) technology. BFT consensus simply prevents system failure if a few nodes (computers, servers, and other network nodes connected to the internet) malfunction.
These algorithms guarantee the Blockchain's security and the network's nodes' data consistency. The platform's Kardia Contract Markup Language (KSML) allows developers to design smart contracts. The platform also includes a method for choosing validators. A high-performance, secure, and reliable server that can operate as a complete node in a network is referred to as a validator. To create new blocks and take part in DPoS, the validator must remain online. Each newly produced and signed block earns the validator a reward. In addition, the validators charge a commission to cover the expense of running their servers. Users require at least 12.5M KAI in their wallet and 25K KAI for registration to become a validator. The primary token of a KardiChain network is KAI. Users can set up DPoS and governance, make transactions, and pay network fees using KAI. Additionally, users can stake money using KAI and receive incentives. For example, users can get prizes by betting as little as 1,000 KAI.
KAI Token Fundamental Value
The KAI tokens are responsible for streamlining operations over the Blockchain. The token also initiates transaction fees, deployment, staking, and participation in other services. In October 2018, KardiaChain made its initial announcement; its mainnet launched in December of that same year. Investors find the KardiaChain feature appealing due to a number of its qualities. First, the token serves as the KardiaChain platform's native currency and is used to link the network. However, that’s not enough when it comes to the investment aspect of the token. No investor can put their money on a project that is not backed by fundamentals. So to give you a better idea, here’s an overview of the different fundamentals that back the KAI token. Let’s have a look at the fundamentals in the following section.
Flexible sharding is possibly one of the unique concepts defining the value of KAI tokens. As a result, the ecosystem allows users to retain data from different sources without opting for fixed system storage. The KardiaChain ecosystem provides its users with a seamless sharding experience. The platform secures its operations at its best, thanks to elastic sharding. Through techniques like changing block reward redistribution, elastic sharding ensures that Dual groups have the right number of nodes and staking power.
Dual nodes are another stand-out feature that backs the core fundamentals of the KardiaChain project. This module enables the simultaneous operation of two parallel chains without compromising the accuracy of ledger data. This way, users of the KardiaChain platform can simplify their operations without the hassle of repetitive data entry. Besides, the functionality of single-data entry removed indicates that no protocol modifications are required for the two Blockchain technologies to communicate with one another. Simply put, a single user's action on one link will affect the second chain.
Markup Language for Smart Contracts (KSML)
Allowing developers to revamp your smart contract is another problem faced briefly by several Blockchain projects. While many projects provide for users to simplify their operations via third-party means, KardiaChain tends to eliminate the cause once and forever. The platform introduces the best tools allowing developers to implement smart contracts to KardiaChain effectively is the markup language. When using KSML, no prior knowledge is required, and the learning curve is not very steep. The goal is to bridge the gap between the two separate smart contract platforms' programming languages.
KAI Token Price History and Overview
With a focus on interoperability and developability, KardiaChain is one of the most innovative smart contract platforms. It also has a native coin (KAI) that can be staked on the network or used to pay transaction fees. Tri Pham, and Huy Nguyen, two ex-classmates from high school, initially revealed KardiaChain in December 2018. The two wanted to develop a non-intrusive cross-chain system that could communicate with other chains. This is made possible via KardiaChain's Dual Master Nodes, which can simultaneously view and validate data from two different ledgers independent of protocol. Half a year after the launch of KardiaChain’s concept, its public testnet, ‘Archi,’ was introduced. On December 29, 2020, KardiaChain's mainnet went live a year later. It included Elastic Sharding (ESWIM), Dual Nodes, and KardiaChain's unique smart contract syntax (KSML). Now, talking of its past price movements, the token began its run in March 2020. At the time of its launch, the token was listed at a price tag of $0.0004. But similar to every other crypto project freshly launched into the market, KAI was also well-received among the investors, and the project saw new investors slowly and gradually. By the first week of August, the token witnessed its first-time high, moving to $0.040. Interestingly, it was just a start for the token. The project’s potential and active collaborations had created a stir in the market, giving it a solid rangebound movement for the remainder of the year. However, the token could not keep up with the $0.40 mark and closed the year around the $0.20 bar. 2021 happens to be the most successful year for the KAI token. It had not only marked a strong run in the market but was also able to touch its all-time high price during this year. The bullish pattern for the project was visible since starting of the year as it soon climbed up to the $0.1 mark during March. The token continued increasing, reaching its all-time high at $0.1486 on April 15th, 2021. However, the token could not keep up with its price post the pump. It fell to its initial $0.03 level shortly after June and continued for another month. Enter November, and things took a significant turn for the KAI token. The recent news of its active collaboration boomed the project’s value and moved up to $0.1491, an all-time high in November. However, it soon slipped from its position, going down to $0.08 by the end of the year. Overall, KAI had a great run for 2020-21 and presented a strong bullish pattern for the years. As a result, investors who entered the market in the initial stages could reap significant benefits from the token.
KAI Token Price Forecast
KardiaChain aspires to transform the sector as the first interoperable and "non-invasive" Blockchain that connects diverse networks and projects without changing protocol. The project has control over this because it has a dual-mode structure. As a result, connecting the ledger between KardiaChain and other Blockchains is significantly simpler. In addition, programmers used intelligent contracts, which are more accessible and scalable. The site has grown significantly since its debut in December 2020. The average value of KAI, the native coin of KardiaChain, went from sub-par levels to $0.1488 in just one year. And more individuals, particularly in Vietnam, are utilizing it. We have offered both a technical and fundamental analysis to assist you in better understanding KardiaChain.
Although it is difficult to do a technical analysis of KAI, it is anticipated to grow as shortages often prompt price increases. As a result, the value of KAI is expected to increase by 14.74%, but the technical indicators show that the present mood is bearish, which indicates that this is the wrong time to buy KAI because it is not currently lucrative.
According to the market, the overall outlook for the KardiaChain asset pricing is bearish. Technical analysis indicators show 24 bearish signs as well as four bullish signals. Since the IEO, this indicator has already been indicating SELL due to the relatively low price value of the KardiaChain being below the 50-day SMA.
The Blockchain used by KardiaChain claims to be the least interpolable and intrusive system. In addition, the protocol's dual master node technology enables it to connect two ledgers and its platform. Everyone is permitted to operate two nodes, citing the whitepaper. Furthermore, the technique makes the platform permissionless by confirming transactions on both Blockchains through a consensus procedure. The state of the cryptocurrency market as a whole will have a significant impact on the future of KardiaChain. Therefore, you must be sure that your investment approach is sound concerning KAI. This form of investing is inappropriate for someone with an asymmetrical risk profile. However, it is still a great investment for individuals with a high-risk tolerance and sound financial standing. In addition to its volatile nature, KAI provides access to a burgeoning ecosystem and worldwide technologies.
KAI Token Price Prediction 2022-30
Predicting the future of any token can be challenging, especially if you’re looking forward to investing in it. So when investing in the KAI token, you might want to know its price movement in the long term. Therefore, to help you better, we’ve tried to create an idea of the future movements of the token, ranging from 2022 – 2030.
KardiaChain Price Prediction For 2022 | Potential ROI: 51%
For 2022, the token started its year at a high of $0.078. However, the token was unable to regain its position in the market. It continued to follow a downtrend and moved to $0.034 by the mid-week of March. However, things began to correct over the next few days before the token returned to its initial downtrend. Overall, the token presented us with a downtrend for the majority of 2022. For the remainder of the year, some claim that KardiaChain will show a positive price movement this year. Investors are terming it one of the most reliable projects for the year, primarily for its type of project. As a result, the price of KAI is expected to rise significantly in the second half of 2022, reaching $0.011978. The climb will be moderate, much like other cryptocurrencies, but no significant declines are anticipated. Although $0.011179 is quite an aggressive pricing target, it is doable in the near term due to projected collaborations and developments. As a result, KAI should be valued at at least $0.009582.
KardiaChain Price Prediction For 2023 | Potential ROI: -35%
2023 is expected to be a year of correction for the KAI project. However, the price prediction does have a lot of potential for growth in 2023. We think the cost of KAI will shortly surpass $0.019928 due to the probable announcements of various new collaborations and activities. Before making any positive wagers, we should, however, wait to observe if the movement index for the KAI breaks out the oversale region. For this year, the token is expected to trade at a price of around $0.015942 and an average trading value of $0.017536 in light of the market's turbulence.
KardiaChain Price Prediction For 2024 | Potential ROI: 32%
Everyone anticipates a rise in the price of KardiaChain by the end of 2024, according to the experts' predictions for its price. For example, PricePrediction.net anticipates a price increase of $0.008274. According to TradingBeast's analysis, the price of KardiaChain may rise as high as $0.014628. The prediction made by WalletInvestor is similarly optimistic; according to its analysts, the price of KardiaChain will be around $0.008836 in 2024.
KardiaChain Price Prediction For 2025 | Potential ROI: 104%
The KAI coin price may hold steady for the next five years if KardiaChain effectively improves market sentiment amongst cryptocurrency fans. Our predictions state that KAI will operate in a relatively strong region this year. In 2025, the KAI is anticipated to reach and exceed its record level. As a result, the value of digital money will be $0.035870 in 2025, with a price cap of $0.031885 and a market cost of $0.033479.
KardiaChain Price Prediction For 2030 | Potential ROI: 47%
Price forecasting is challenging for numerous reasons, one of which is the market's well-known extreme volatility. Therefore, although BitcoinWisdom makes every effort to estimate its price points for the future accurately, none of our projections should be regarded as investment advice (do your research). We anticipate that cryptocurrencies will be widely used in numerous industries by 2030. As a result, in the event of a bull run, the maximum price of the token might touch the $0.078098 mark, with an average value of $0.074910
|Type of Run||Bullish||Bearish||Bullish||Bullish||Bearish|
Our examination of the KardiaChain project suggests a relatively strong future for its token. The KAI token has grown in popularity and potential to be very profitable. In the long run, KAI is unquestionably a smart investment. To be clear, selecting a product does not usually center on these projections. Curve Dao Token (CRV) Price Prediction: 2023, 2025, 2030>>> Technical analyses and extraneous circumstances, according to experts, influence their conclusions. Therefore, it's a great idea to do your study before forming your opinions based on the projections. Finally, it's advisable to refrain from basing your financial decisions on price estimates.
Is It Worth Investing In KardiaChain In 2022?
KardiaChain is a wise investment for both beginner and advanced traders. This unique initiative has the chance of outperforming others in its segment. But be cautious about getting out of them quickly because they often take a beating during bull and bear economic cycles. Apart from the fundamentals backing it, we think the project might be a hit, primarily for its useful service. Overall, the project has established itself as an innovator and earned a reputation in the market. Moreover, the project has yet to witness a security breach (economic, reputational, etc.). Moving ahead, the added utility of the project is what gives it an edge over other projects whose tokens have a singular purpose. However, because of intense competition, a fast-moving technology landscape, and rapid market expansion, KardiaChain may not succeed. Team problems, such as team splits and outright project abandonment, are another frequent reason this kind of project fails.
As per the developers of KardiaChain, it is among the first Blockchain technology that is non-invasive and interoperable. The primary technology running behind this ecosystem is the dual master node. It allows the network to connect between two Blockchain ledgers in real-time and that of other platforms. Nervos Network (CKB) Price Prediction: 2023, 2025, 2030 Forecast>>> As a result, other Blockchains can work alongside KardiaChain without changing their protocol or technology. Furthermore, following its whitepaper, dual nodes feature a consensus method to check data from both chains and may be operated by anybody, making them permissionless. According to the CEO of KardiaChain, the platform is trying to decentralize the current systems used by organizations and governments, enabling it to connect millions of people without having to teach the general public about Blockchain technology. It aims to attract consumers who are not familiar with cryptocurrency. Alchemy Pay (ACH) Price Prediction: 2023, 2025, 2030 Forecast>>> The platform has introduced several initiatives to boost adoption, such as "decentralized adoption applications," which combine elements of centralized and decentralized apps, and discounted rates on mobile top-ups. Additionally, KardiaChain has partnered with other initiatives and websites like NEMMANTRA DAO (OM), (XEM), ShareRing, and Bounce Finance (BOT).
Is KardiaChain (KAI) a good investment?
Given that scarcity often leads to price increases, the KardiaChain (KAI) value is anticipated to climb further. The long-term investment plans for KAI appear to be successful.
We predict that within the next two to three years, KardiaChain will surpass the $0.034 threshold. Please be aware that any investment has a significant degree of risk. Before making any decisions, do the most research and invest in what you can achieve.
Is investing in KardiaChain profitable?
KardiaChain had 12/30 (or 40%) green days in the past 30 days. Our historical data indicates that investing in KardiaChain is not now profitable. In the past year, KardiaChain's price has dropped by -81.01%.
How Is the KardiaChain Network Secured?
The KardiaChain network is protected by a BFT (Byzantine Fault Tolerance) delegating PoS consensus, which requires a two-thirds majority to approve new blocks added to the chain and allows stakeholders to delegate the verification of transactions to dependable outside parties.
The white paper for KardiaChain claims that the dual-node method to interoperability assures that other Blockchains' security is not compromised when they communicate with KardiaChain.