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Home Tech Crypto Andre Cronje's new KP3R token surges 2000% in hours

Andre Cronje’s new KP3R token surges 2000% in hours

Document Analysis NLP IA

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positive
sentiment

Sentiment0.10671500721501
objective
redaction

Subjectivity0.34898845598846
probably it's an affirmation
Affirmation0.405

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Summary (IA Generated)

A newly launched token by Yearn Finance founder Andre Cronje has skyrocketed within hours of launch as degen farmers load up.

The new token called KP3R is for Cronje’s latest project called Keep3r Network which is a decentralized gig-style, smart contract powered marketplace for technical jobs.

Within hours of the token launch, traders and degen farmers had ‘aped’ into it causing prices to surge, topping out at over $180 a couple of hours ago according to Uniswap.

According to Coingecko, the new token already has a market capitalization of $35 million.

The move was noted by several crypto community members including Ethhub founder Anthony Sassano;.

Andre Cronje: launches new project with a token.

”.

With the release of the Keep3r Network v1 contracts a few hours ago, the project is now live.

The network will be powered by the new KP3R tokens which will be issued as rewards for job completion.

It was largely developed stealthily to prevent another rehash of the Eminence fiasco that resulted in $15 million in funds lost as degen farmers prematurely poured capital into experimental EMN contracts which were subsequently hacked.


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