Why the Price of the Kishu Inu Coin is Rising Today

Lovata Andrean

Why the Price of the Kishu Inu Coin is Rising Today
Why the Price of the Kishu Inu Coin is Rising Today

Rancakmedia.com – Dogelon Mars (CRYPTO: ELON) may have been making headlines recently, but many other descendants of Dogecoin (CRYPTO: DOGE) were on a tear Monday – one of which was Kishu Inu (CRYPTO: KISHU) (CRYPTO: KISHU).

What Happened: Kishu Inu has grown dramatically over the past month. The token was trading at $0,00000000075 Monday morning, with trading volume of around $63,6 million.

The coin's 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 listing.

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

Kishu Inu Coin Price Increased Today

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

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

It is worth noting that rallies have faded in some of the smaller 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 purchases with expectations of significant returns.

Conclusion Regarding Why Kishu Inu Coin Price Is Rising Today:

The coin's value rose 33,8 percent over the 24 hours leading up to press time. The token was trading at $0,00000000075 Monday morning, with 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 gifted to him.

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Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks