The world of cryptocurrencies is as uncertain as it is exciting. To make the market even more exciting, Dogecoin was launched in 2013. It’s a meme token that was created as a hoax payment system. It was a sarcastic homage to the real-world cryptocurrency, Bitcoin, but in fact, it scaled in market valuation within a few months of its launch. Kishu, short for Kishu Inu, is a meme token that stormed CoinMarketCap within weeks of its launch.
Just like every meme token has a fun branded image, Kishu was launched with the image of Kishu Inu, the dog breed. The dog is indeed the happy mascot of Dogecoin. Launched in April 2021, Kishu Inu or Kishu is already up almost 30%. A single Kishu coin is now worth $0.0000000112. That might not be a huge amount, but the growth is astounding when compared to other dogecoins like DogeElon, Shiba, and Akita, which fell sharply during the market crash. Kishu weathered the market setback and continues to grow.
Kishu is undoubtedly the fastest-growing meme token out there right now. It has surpassed $1 billion in market cap in less than 3 weeks. Based on this growth rate, Kishu will soon surpass the prominence and status of the other dogecoins in the market. Within a week of launching, Kishu managed to shine on one of the largest and most conspicuous billboards in Times Square between LinkNYC, The Digital Crown, and 1 Times Square, where the ball falls every New Year’s Eve.
Tyler Cameron, an American television personality best known for The Bachelorette, has also invested in the Kishu Meme Token. He was blown away by Kishu’s 28.27% growth 24 hours after launch. Kishu’s insane growth has excited many crypto enthusiasts, and some of them are confident that it will be the next big meme token to hit the market.
Kishu Inu was launched with a vision to revolutionize the cryptocurrency market and become the first dogecoin with real value. Kishu aims to provide a secure future for crypto investors and grow to be more than just a dog meme token. It is not listed on major exchanges such as Coinbase and Binance but operates through its own platform. Kishu is available on a number of cryptocurrency exchanges such as CoinTiger, OKEx, and Bitru for interested investors.
After the recent decline in bitcoin value, more and more investors are looking for a better alternative. During this time several coins were launched to continue the path of success of Dogecoin and now Kishu. Kishu received a strong boost after Coinbase decided to add Dogecoins to their trading platform.
Currently, Kishu Inu is riding the success created by the Dogecoins hype. It’s a community-owned project and didn’t distribute tokens to its team. Each $KISHU token comes with a built-in redistribution mechanism where all existing token holders receive 2% of each transaction as a reward for the Kishu community.
Considering the volatility of the cryptocurrency market, no investor can be sure of their decision. The crypto space has several over-hyped coins that have led to disaster for investors once the bubble has burst. In such a topsy-turvy situation, Kishu has managed to maintain its value with an upward curve in the market. Going forward Kishu will launch more exciting features to bring lucrative opportunities for investors.
Read More About: What is MEME?
There are a lot of tokens and coins circulating in the crypto market right now. The tokens are mostly running on Ethereum blockchain whereas the coins have their own blockchains as well as running on the Ethereum blockchain. Meme tokens are a new comic face of cryptocurrency which is a fun way to invest in cryptomarket and have good chances to make you rich with your favorite meme token.