Kishu Inu (KISHU) Price Analysis and Complete Overview

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Kishu Inu (KISHU) is an Ethereum-based cryptocurrency token launched in April 2021. Designed as a community-driven meme token, it operates on the ERC-20 standard and has gained attention within the decentralized finance (DeFi) space. This article provides a detailed overview of KISHU’s market performance, technical indicators, distribution metrics, and frequently asked questions.

Current KISHU Market Data

As of the latest update, Kishu Inu is trading at approximately $0.0000000000826, reflecting a minor increase of 0.72% over the past 24 hours. Here’s a summary of its key market metrics:

The token’s price range over the past day was between $0.0000000000789** and **$0.0000000000836, indicating relatively low volatility in the short term.

Historical Performance and ROI

KISHU has experienced significant price fluctuations since its inception. Its all-time high of $0.00000000855 was recorded previously, representing a decline of over 99% from that peak. Over the past year, the token’s value has decreased by 80.85% against the US dollar.

Here’s a breakdown of its returns over different periods:

The token’s 52-week price range has been between $0.0000000000698** and **$0.000000000704.

Technical Analysis

Technical indicators provide insights into potential market trends. Key metrics for KISHU include:

Moving averages suggest a predominantly bearish sentiment, with most exponential moving averages (EMAs) indicating "Sell" signals across medium to long-term horizons.

Wealth Distribution Insights

KISHU’s token distribution is characterized by significant concentration among top holders:

This distribution highlights potential centralization risks, common among many meme-based cryptocurrencies.

Trading and Blockchain Activity

KISHU is traded on 11 exchanges, facilitating accessibility for interested investors. On-chain data shows:

The top 100 richest addresses collectively hold over 52% of the total supply, valued at approximately $4.3 million.

Frequently Asked Questions

What is Kishu Inu (KISHU)?
Kishu Inu is an ERC-20 token inspired by meme culture and built on the Ethereum blockchain. It aims to combine community engagement with decentralized finance applications.

How can I buy KISHU tokens?
You can purchase KISHU on several cryptocurrency exchanges that list the token. Always ensure you use a reputable platform and secure wallet for storage.

What factors influence KISHU’s price?
Like many meme tokens, KISHU’s price is influenced by market sentiment, social media trends, overall cryptocurrency market conditions, and changes in trading volume.

Is KISHU a good investment?
Cryptocurrency investments, especially meme tokens, carry high risks due to volatility and market speculation. Conduct thorough research and consider your risk tolerance before investing.

Where can I track KISHU’s price in real-time?
Numerous cryptocurrency tracking websites and platforms provide real-time price data, market cap, and trading volume for KISHU. 👉 Check real-time price data

What is the long-term outlook for KISHU?
Long-term viability depends on community support, development updates, and broader adoption within the DeFi ecosystem. Monitoring project developments and market trends is essential.

Conclusion

Kishu Inu (KISHU) remains a speculative asset within the cryptocurrency market, characterized by high volatility and community-driven momentum. While it offers potential opportunities for traders, investors should exercise caution due to its price history and concentration of holdings. For those interested in tracking or trading KISHU, staying informed through reliable data sources is crucial. 👉 Explore advanced trading strategies