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On May 1st, COINOTAG reported significant developments in the decentralized finance (DeFi) sector, highlighting that the Solana-based project Kamino has seen its token, KMNO, achieve a market capitalization exceeding $100 million. Currently priced at $0.073, KMNO has experienced a notable 7.7% uptick within the past 24 hours. This upward trajectory is underscored by its dominant performance in trading volume, as Kamino has claimed the top spot on Binance Alpha for three consecutive days. In fact, it has eclipsed the trading volume of the newly launched token B² Network (B2), which reached $52 million, as well as ai16z, trailing at $21.6 million. These metrics reflect Kamino’s growing influence in the DeFi landscape, making it a notable player for investors to consider.
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