Kendu Inu: The Meme Coin Set to Transform the Shiba Inu Ecosystem
The post Kendu Inu: The Meme Coin Set to Transform the Shiba Inu Ecosystem appeared on BitcoinEthereumNews.com.
The Shiba Inu ecosystem has announced a new altcoin, Kendu Inu (KENDU), which is poised to redefine the SHIB universe. This revelation was made public in the 27th edition of the weekly magazine, published on June 5th. Kendu Inu is thematically based on the Japanese dog breed Kai Ken, and it prioritizes identity and community over typical tokenomics. Discover the new frontier in meme coins with Kendu Inu, a unique addition to the Shiba Inu ecosystem, spotlighting community and branding. Kendu Inu: The Wild Card to Transform the Shiba Inu Universe Kendu Inu aims to carve a niche in the crowded meme coin market by focusing on brand identity and community engagement. Despite drawing inspiration from the relentless spirit of Shiba Inu, Kendu Inu diverges from the norm by not following the typical tokenomic models designed to burn SHIB and BONE within the ecosystem. Led by pseudonymous founder Kendu Miyazaki, the team is committed to building a cult-like following that rallies around a strong brand and shared vision without overextending their responsibilities. “Our priority is the brand. You could have the best product globally, but if no one knows about it… no one will use it,” Miyazaki emphasizes. Upon the magazine’s announcement, Kendu Inu boasted over 6,000 users, a number that swiftly climbed to over 10,043 by the time of publication. Current Market Landscape Currently, KENDU holds a market capitalization of approximately $203.61 million, ranking as the 2,743rd largest cryptocurrency on CoinMarketCap. The token’s price has dropped by 9.38% in the last 24 hours to $0.0002048. This price indicates a 24.17% decline from its all-time high of $0.0002694 recorded on June 13, 2024. Despite its relatively recent entry into the market, KENDU has achieved listings on leading cryptocurrency exchanges such as LBank, BitMart, and Poloniex. CoinMarketCap data reports a 20.24%…
Filed under: News - @ June 16, 2024 1:28 pm