Another day, another meme-based cryptocurrency is on the agenda. The newest meme coin is Kishu Inu, or “ #KISHU” for short… This altcoin project is literally based on another dog breed like #Dogecoin.
🔥What is the altcoin project Kishu Inu (KISHU)?
#KISHU is a dog-based breast cryptocurrency that uses the Kishu Inu dog breed as its mascot , similar to Dogecoin using the Shiba Inu dog for its brand . The cryptocurrency says that many meme cryptocurrencies were created because they did not have a proper vision for the future.
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KISHU hopes to be more than a meme or a joke and act as a real currency. KISHU is currently available on some cryptocurrency wallet apps that use #WalletConnect, such as #Metamask, #TrustWallet, and #Coinbase Wallet. According to Newsweek, people can buy KISHU using cryptocurrencies like #Etheruem.
🔥What is the value of KISHU ?
Currently, the KISHU price is worth about $ 0.00000001 per token. Cryptocurrency has recently increased 100%. This is not a huge value, although some names expect higher levels from altcoin , nothing is guaranteed when it comes to these markets.
🔥Should you invest in KISHU? Analyst warns
Adrian Zduńczyk, co-founder of the YellowBlock analytics group, told Newsweek that cryptocurrencies like Kishu Inu and Shiba Inu are chasing cryptocurrencies like Dogecoin. Adrian Zduńczyk adds the following to his comments on the subject:
There has been an increase in the number of extremely exaggerated cryptocurrencies in the market. This caused a lot of pain for investors due to the so-called 'jolts' or bursting bubbles. Shiba Inu, Kishu Inu, and UnderDog seem to have been created as yet another hype that should take advantage of the already over-excited demand for Dogecoin . Whether this is true or not, investors should always take extra care when dealing with anonymous projects.