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Highlights
- Known as the brother of Dogecoin, Kishu Inu is considered a community-focused, decentralized cryptocurrency, which offers instant rewards.
- Launched in April 2021, the Kishu rewrote history as it surpassed the US $2 billion market cap with over 100,000 holders in the first month of launch.
- According to CoinMarketCap, the KISHU is trading at the US $8.69e-9 with a 24-hour trading volume of US$15,91,61,102.
Launched in April 2021, the Kishu Inu (KISHU) is another popular meme-based token that has taken the market by storm. Known as the brother of Dogecoin and HOKK's best friend, Kishu Inu is a community-focused, decentralized cryptocurrency, which offers instant rewards thanks to the users.
KISHU, unlike older and comparable projects, introduces holders to next-gen concepts such as participation rewards, NFTs, decentralized exchanges, and more. Its mission is to bring popular cryptocurrency concepts to the mainstream.
Also read: What makes Koda crypto a unique option for investors?
KISHU is making serious waves in the market at present, gaining serious traction following its listing on the Binance platform. On Wednesday, it was up by 83.01%, with a huge volume uptick of 510.33%.
What is a KISHU token?
Within the first month of its launch, KISHU rewrote history as it surpassed US $2 billion market cap with over 100,000 holders. This was considered an unprecedented milestone for a project of its kind, which reinstated the world's belief in the project.
Why is Kishu Inu crypto rising high?
As the project is community-driven, its development doesn't reserve the token for itself. Volunteers and donations mainly drive the community to keep the project running. Besides that, it also provides an interesting NFT marketplace called the KISHU CRATE. Through KISHU CRATE, the users can stake the tokens and receive NFT rewards and digital collectible features.
Also read: Why Solana (SOL) crypto is a great investment option at present
Is KISHU Inu a good investment option?
KISHU is ranked 2708 on CoinMarketCap. According to CoinMarketCap, the KISHU is trading at US $8.69e-9 with a 24-hour trading volume of US$15,91,61,102. At the time of writing (BST 9:56 am), KISHU was up by 84.19% in the last 24 hours with a fully diluted market cap of US$857,373,809.
Experts believe that KISHU can be a profitable investment option. They predict that KISHU crypto can gain further up, especially with the rally that other meme-based tokens are witnessing at the moment. Assuming its rally continues, it could be one of the biggest tokens to watch out for, especially in 2022. The five-year prediction sees an impressive growth and could see it going past US$1 by 2026.
Conclusion
Going forward, KISHU is trying to prove that it's more than just a meme-based token, one that has the potential to become a true currency. As per market experts, one of the new cryptocurrencies in the market is banking on longevity down the line. This current rally is definitely going to make a strong case in its favour with investors.
