KANGAL is the governance and value token of the Kangal dApps ecosystem.
Kangal is named after a breed of Anatolian Shepherd dogs of the same name, which defends herds from predators for many centuries.
KANGAL holders are the stakeholders of the Kangal DAO and can create and vote on proposals that shape up the future of the project. KANGAL staking will be the only way to mint the utility token $TEAK which will power the dApps ecosystem that will start with decentralized applications built by the core team and eventually the platform will turn into a dAppStore where other developers, teams, or companies will be able to submit and publish their dApps. One of the first dApps of the platform will be an NFT drops platform which will eventually turn into a full-fledged NFT marketplace.
Kangal tokenomics has a maximum total supply of 100 billion tokens, of which 100% are on Uniswap and locked with Unicrypt. There was no token presale and no tokens were allocated to the team. It started trading on Feb. 22, 2021, with the Kangal token price at $0.0000009335 when first recorded on CoinMarketCap. Kangal prices went on an impressive price run leading up to April 20, 2021, where it reached its all time high of $0.0002421, an almost 260X increase. After the parabolic pump, Kangal price has since fallen back to support at the $0.00005 range.
To keep track of Kangal prices live, download the CoinMarketCap mobile app and check cryptocurrency prices on-the-go. To check Kangal price now in the fiat currency of your choice, you can use CoinMarketCap’s converter feature directly on the Kangal price page.
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