Live Kishu Inu Price Performance
The current Kishu Inu (KISHU) price stands at $0.0000000000814**, with a 24-hour trading volume of **$235. Over the past day, the price has decreased by 1.00%, while the weekly performance shows a decline of 1.84%. The market capitalization of Kishu Inu is approximately $7.58 million, ranking it #683 among all cryptocurrencies. The circulating supply is 93,136,097,121,133,936 KISHU tokens.
Kishu Inu's current price is 100% below its all-time high and remains at the same level as its all-time low. All price data updates in real-time to reflect the most current market conditions.
For those interested in trading KISHU, several major cryptocurrency exchanges support it. Always ensure you use secure platforms for transactions and storage.
Understanding Kishu Inu (KISHU)
Kishu Inu is a community-driven meme coin inspired by Dogecoin, representing the Kishu dog breed. It is often promoted as "Dogecoin's Big Brother." Unlike many other cryptocurrency projects, KISHU tokens are fully owned and governed by the community, with no allocations to founders or the development team.
The project aims to expand beyond the typical meme coin concept by integrating decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and a unique reward system for participants.
Key Products and Features
- Kishu Paw Print: A wallet tracker that enables users to monitor KISHU statistics and manage their holdings.
- Kishu Crate: An NFT marketplace where users can stake Wrapped Ethereum (WETH) or KISHU tokens to acquire NFTs and earn points.
- Kishuverse: An official NFT collection featuring 8,888 unique dog-themed digital assets.
- Kishu Swap: A decentralized exchange powered by Uniswap, allowing users to swap ERC-20 tokens.
- KISHU sWag: A merchandise store where profits contribute to the further development of the Kishu Inu ecosystem.
The Kishu Inu smart contract has undergone a security audit by CertiK, adding a layer of credibility to its technical infrastructure.
Founders and Development
Kishu Inu was launched in 2021 by an anonymous team. While the founders have not publicly revealed their identities, they occasionally share updates and hints about the project through their official social media channels.
Use Cases for KISHU Token
KISHU operates on the ERC-20 standard and includes a unique feature: a 2% transaction reward distributed to holders for every active transaction. This incentivizes participation and holding.
Primary use cases for KISHU include:
- Staking: Users can stake tokens to earn rewards.
- Cross-Border Transfers: Low-cost international transactions compared to traditional banking.
- Lending: Token holders can lend KISHU to earn interest.
- Trading: The token serves as a medium of exchange on decentralized exchanges.
- Rewards: The built-in reward mechanism distributes tokens back to the community.
Tokenomics and Supply Dynamics
Kishu Inu has a maximum supply of 100 quadrillion tokens, giving it a deflationary economic model. The project employs a burn mechanism, periodically buying back and destroying tokens to reduce supply and potentially increase scarcity. This deflationary approach may influence long-term price trends, though short-term volatility remains subject to broader market conditions.
Market fluctuations, investor sentiment, and overall cryptocurrency trends can significantly impact KISHU's price, as with most digital assets.
Frequently Asked Questions
What is the 24-hour trading volume for Kishu Inu?
Kishu Inu recorded a trading volume of $235 over the past 24 hours.
What is the all-time high price for KISHU?
KISHU reached its all-time high of $0.2031 on March 12, 2024.
What is the all-time low price for KISHU?
The lowest price recorded for Kishu Inu was $0.00 on April 20, 2021.
How can I securely store Kishu Inu tokens?
Hardware wallets are widely recommended for securing cryptocurrencies. For a reliable storage solution, you can explore trusted hardware wallet options.
What makes Kishu Inu different from other meme coins?
Kishu Inu combines meme culture with functional utilities like DeFi, NFTs, and a reward system, aiming to offer more than just speculative value.
Is Kishu Inu a good investment?
Like all cryptocurrencies, KISHU carries investment risks due to market volatility. Prospective investors should conduct thorough research and consider their risk tolerance. For those interested in diversifying their portfolio, discover advanced trading strategies.