Why Kishu Inu Coin Price Rise Today

Rancakmedia.com – Dogelon Mars (CRYPTO:ELON) may be making headlines recently, but many other Dogecoin (CRYPTO:DOGE) offspring were crying on Monday – one of them being the Kishu Inu (CRYPTO:KISHU) (CRYPTO:KISHU).

What's Happening: The Kishu Inu have grown dramatically over the past month. The token was trading at $0.00000000075 Monday morning, with a trading volume of around $63.6 million.

The coin value rose 33.8 percent over the 24 hours leading up to press time after the token stated that it would create 8,888 non-fungible tokens (NFTs) to partially support Kishu's development and exchange listings.

Subsequently, cryptocurrency investor and entrepreneur David Gokhshtein sent out a series of tweets in regards to the coin, writing “$KISHU – I see you” in one and “lol kishu kishu” with a ninja emoji in the other.

Kishu Inu appeared in April and the token made headlines last month when Ethereum ETH co-founder Vitalik Buterin sold some of the coins he was given.

Take Benzinga: Kishu Inu is receiving great attention along with other meme coins as many investors are looking for opportunities to make quick profits. The many losers in the rally in Dogecoin led to the Shiba Inu coin's surge last month and the meme-coin rally has now shifted to a coin with a much smaller market cap.

It should be noted that the rallies have faded in some small meme coins, resulting in heavy losses for buyers. Investors should also be careful as many buyers report being unable to sell investments in some meme coins after making a purchase in the hope of a significant return.

Conclusion Regarding Why Kishu Inu Coin Price Rise Today:

The coin's value was up 33.8 percent over the 24 hours leading up to press time. The token was trading at $0.00000000075 Monday morning, with a trading volume of around $63.6 million. Kishu Inu appeared in April and the token made headlines last month when ETH co-founder Vitalik Buterin sold some of the coins he was given.