SelfKey

Rally

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<p>In the past 24 hours, the KEY token has absolutely exploded higher, gaining a staggering <strong>47.87%</strong> to reach $0.008427.&nbsp;&nbsp;</p>
<p>Trading volume over the past 24 hours has topped $75.8 million, a staggering <strong>1,729%</strong> increase over the average. The powerful upside move has also brought Key’s market capitalization to $45.3 million, up <strong>49.34%</strong>.</p>
<h2 class="wp-block-heading" id="what-is-selfkey">What is SelfKey?</h2>
<p>SelfKey is a blockchain-based digital identity platform that provides users, companies, exchanges, fintech startups, and banks with the ability to manage identity data and documentation.</p>
<p>The core SelfKey team has worked on decentralized identity technology since 2014, with experience across entities like Standard Chartered Bank, Bitmax Exchange, EQIBank, and GSR.</p>
<p>The open-source, non-custodial SelfKey Wallet allows users to securely store both digital assets and identity credentials. Users can then interact with the SelfKey Marketplace to conveniently apply for real-world products like bank accounts or company incorporation, paying with the native KEY token.</p>
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<h2 class="wp-block-heading" id="driving-forces-behind-rally">Driving Forces Behind Rally</h2>
<p>While SelfKey has not released any direct project announcements to explain the powerful rally, the wider rebound across crypto assets in February likely provided a tailwind.</p>
<p>Nonetheless, KEY has massively outperformed broader altcoin markets, suggesting strong project-specific interest.</p>
<p>Well-known Twitter trader Captain Faibik <a href="https://twitter.com/CryptoFaibik/status/1757597616395661476" target="_blank" rel="noopener noreferrer nofollow">called </a>KEY “promising for an EPIC PUMP” as part of his technical analysis. Meanwhile, Crypto Titan’s <a href="https://twitter.com/cryptotitans11/status/1757635793701781728" target="_blank" rel="noopener noreferrer nofollow">described </a>the technical picture as showing KEY “looks quite Promising here.” Crypto Titan also said that KEY could be the next SUPER.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="457" src="https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-1024x457.png" alt="" class="wp-image-437900" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-1024x457.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-300x134.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-767x342.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-1536x685.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-2048x913.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-336x150.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-785x350.png 785w, https://captainaltcoin.com/wp-content/uploads/2024/02/KEYUSDT_2024-02-14_13-35-18-788x351.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>A <a href="https://twitter.com/JavonTM1/status/1757573422698115531" target="_blank" rel="noopener noreferrer nofollow">tweet</a> by trader JAVON MARKS also pointed to ongoing strength, stating: “In response to a breakout of a resisting trend, an over 207% run to reach this $0.022536 target can be in effect, and prices can move quickly to do so.”</p>
<p>On the daily RSI technical indicator, Key registered a reading of 87 before pulling back slightly. This signals extremely overbought conditions and suggests the powerful uptrend will require a cooldown, although the rally could resume after a period of consolidation.</p>
<p>With KEY reaching prices not seen in years, traders will be closely eyeing whether this marks a long-term bottom and reversal of the brutal crypto bear market. The project maintains an active community base, so further upside could quickly materialize with another leg higher.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-selfkey-price-up-by-47-analyst-says-key-is-the-next-super/" rel="noopener noreferrer nofollow">Why Is SelfKey Price Up By 47%? Analyst Says KEY is The Next SUPER</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is SelfKey Price Up By 47%? Analyst Says KEY is The Next SUPER

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