One of the cheap cryptocurrencies, KLAY/USD, which has a value of less than $0.2, surged to record strong gains on Monday, outperforming all the billion unicorns in the crypto market.
Clayton
The KLAY coin rose during these moments of today's trading from $0.1554 levels to $0.1887 levels, by more than 22%.
Clayton's rise came amid a huge rise in trading volumes, which jumped by more than 376 percent to $322 million, compared to trading in the range of $50 million during Monday's trading.
The market value of Clayton's coin jumped to nearly $570 million, up from $430 million levels during yesterday's trading, making the cheap coin jump to 69th place among the largest cryptocurrencies in the market.
In less than two days, Clayton's coin jumped more than 55%, rising from $0.12 levels to current levels near $0.19.
Clayton's coin is up 30% in a week, it's down 10% in a month and 26% in 60 days, it's up 20% in 90 days and it's down 55% since the beginning of the year.
What is Clayten?
The best cryptocurrency exchanges to trade in token Clayton are currently Binance, BTCEX, XT.COM, MEXC, and Bitrue.
Clayten is a public blockchain focused on the metaverse, gamefi, and the creative economy. Officially launched in June 2019, Clayten is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.
These business expansion activities are supported by Clayton's Growth Fund, which aims to grow Clayton's ecosystem.
The fund is managed and disbursed by the Clayton Foundation, a Singapore-based non-profit organization established in August 2021.
According to company data released through a combination of initially issued reserve KLAY and on-chain tokens that reinvest 66% of newly minted KLAY, Clayton has committed a total of $1 billion to support the growth of the ecosystem.
