The rate of the Ukrainian cryptocurrency Karbo increased by 63% in three days

As a result of yesterday's trading on KUNA, a massive influx of retail investors has already begun to increase the average daily volume and liquidity level of the coin.

The first KRB/UAN transaction on the KUNA cryptocurrency exchange took place yesterday at 12-00 and in a few hours increased the average daily trading volume of Karbo by 16.9%, and raised the price from $0.32 to $0.52 or by 63%, which continues to remain on an upward curve.

As traders note, the strengthening of the rate has begun over the last three days, amid expectations about the addition of Karbo to Eastern European cryptocurrency exchange KUNA. Capital growth and momentum began on June 24, two days before the opening of trading on KUNA - after management announced that they were ready to open trading in the KRB/UAN currency pair and were completing deposit verification.

Karbo continues to strengthen due to increased demand. However, the KRB rate of $0.052 is still several times lower than that of Karbo’s main competitors - Monero and Dash.

The Karbo cryptocurrency belongs to a small family of cryptocurrencies focused on increased anonymity. The Karbowanec (KRB) project was launched by a team of Ukrainian programmers in May 2016. Karbowanec (KRB) is a free exchange network and cryptocurrency of the same name, which operate based on the CryptoNote protocol. The main feature of maintaining anonymity in this network is the ring signature and the use of one-time addresses. Over the two years of its existence, according to the CoinMarketСap portal, the Karbo rate increased from $0.0058 to $0.57, or 97 times, at the peak of its popularity, followed by a rollback to $0.32. In May of this year, an undervalued coin, Karbo, made its way into the top 10 global cryptocurrencies with increased anonymity. Karbo is listed on eight crypto exchanges: Cryptopia, BTC Trade UA, Livecoin, Crex24, TradeOgre, Altex.exchange, Kuna and Richamster. 

Carbo's growth is directly related to traders' expectations of an influx of private investors. KUNA offers one of the simplest exchange tools for buying and withdrawing hryvnia equivalent coins through bank accounts. Market participants expect that new opportunities will attract institutional investors, not only domestic, but also European. One of the largest Eastern European cryptocurrency exchanges, KUNA, reveals Carbo's capabilities for more anonymous transactions and investments in Ukrainian currency.

According to https://vaaju.com