Kishu Inu (KISHU) is a cryptocurrency token created on the Ethereum platform. Launched in 2021, it operates as a standard ERC-20 token, meaning it leverages the security and widespread adoption of the Ethereum blockchain. This guide provides a detailed overview of its market performance, key metrics, and essential information for anyone interested in this digital asset.
Understanding Kishu Inu (KISHU)
Kishu Inu entered a crowded marketplace of meme-inspired cryptocurrencies. Unlike mineable coins, KISHU is a token, which means it was created and distributed according to its project's specific rules rather than being released through a computational mining process. Its entire existence is tied to the Ethereum network, where all transactions are verified and recorded.
The project's vision, often associated with community-driven initiatives, aims to foster a decentralized ecosystem. However, as with any cryptocurrency, understanding its technical foundations and market behavior is crucial for making informed decisions.
Current KISHU Market Performance
Staying updated with the latest market data is vital for tracking any cryptocurrency's performance. Here are the key live metrics for Kishu Inu:
- Current Price: Approximately $0.0000000000809
- Market Capitalization: Approximately $7.5 million
- 24-Hour Trading Volume: Approximately $16
- Circulating Supply: 93,136,097,121,133,936 KISHU
- Total Supply: 100,000,000,000,000,000 KISHU
Price movements are a constant feature of crypto markets. Over a 24-hour period, KISHU has seen a decrease of roughly 3.61%. Its price fluctuated between $0.0000000000802 and $0.0000000000839 during this time. For a broader perspective, its price is down nearly 80% over the past year. To monitor these changes in real-time, you can 👉 view real-time price tracking tools.
Historical Price Analysis
Examining past performance can provide context, though it is never a guarantee of future results.
- All-Time High: KISHU reached its peak price of $0.00000000855. The current price is significantly below this historical high.
- 52-Week Range: Over the past year, the token has traded between a low of $0.0000000000698 and a high of $0.000000000704.
This historical volatility is a critical factor for potential investors to consider, highlighting the asset's high-risk nature.
Key Statistics and Tokenomics
Tokenomics refers to the economic model of a cryptocurrency. For KISHU, the structure is as follows:
- Platform: Ethereum (ERC-20)
- Mineable: No
- Circulating Supply: The number of tokens currently publicly available and trading.
- Max Supply: The maximum number of tokens that will ever exist, capped at 100 quadrillion.
The fully diluted valuation (FDV), which is the market cap if the max supply were in circulation at the current price, sits at approximately $8.1 million. This figure helps gauge the potential future market capitalization.
Wealth Distribution and Holder Data
The distribution of tokens among holders can offer insights into the network's decentralization and potential market stability.
- Total Holders: There are over 234,000 unique addresses holding KISHU.
Distribution Breakdown:
- The top 10 addresses hold approximately 35.24% of the total supply.
- The next 90 addresses (11-100) hold about 16.42%.
- Addresses 101 through 1000 hold roughly 15.09%.
- The remaining addresses hold the balance of 33.25%.
It is important to note that some of the largest addresses are likely custodian wallets from cryptocurrency exchanges, which hold tokens on behalf of many users.
Trading and Liquidity
Liquidity, or how easily an asset can be bought or sold, is another important consideration.
- Available Exchanges: KISHU is traded on several digital asset exchanges.
- Trading Activity: The network has facilitated over 718,000 token transfers, with an average of several transactions per hour. This level of on-chain activity is a measure of the network's use.
Technical Analysis Overview
Traders often use technical analysis (TA) to evaluate market sentiment and identify potential trends. Common indicators for KISHU currently suggest a neutral to selling pressure in the market.
- Relative Strength Index (RSI): Around 47.54, which is generally considered a neutral zone.
- Moving Averages: Various exponential moving averages (EMAs) for periods between 10 and 200 days are all above the current price, which can be interpreted by some models as a bearish signal.
It's crucial to remember that technical analysis is just one tool and should be used in conjunction with other research methods. For those looking to dive deeper into market trends, you can 👉 explore more advanced charting strategies.
Frequently Asked Questions
What is Kishu Inu (KISHU)?
Kishu Inu is an ERC-20 token built on the Ethereum blockchain. It is a community-oriented project that falls into the category of meme-inspired digital assets, similar to many other tokens that gained popularity during the 2021 bull market.
How can I buy KISHU tokens?
KISHU tokens can be purchased on various cryptocurrency exchanges that list them. You typically need to create an account on a supported platform, deposit funds (like fiat currency or another crypto like ETH), and then place an order to buy KISHU at the current market price or a specified limit price.
What does the wealth distribution data mean?
The distribution data shows how the total supply of tokens is spread across different wallet addresses. A high concentration in a few wallets can sometimes indicate higher volatility risk, as large holders (often called "whales") can significantly impact the price with large trades.
Is KISHU a good investment?
All cryptocurrency investments carry inherent risk, and meme tokens are often considered particularly volatile and speculative. The price history of KISHU shows significant declines from its all-time high. Any decision to invest should be based on thorough personal research and an understanding of your own risk tolerance.
What is the difference between circulating supply and max supply?
Circulating supply refers to the number of tokens that are currently publicly available and trading on the market. Max supply is the absolute maximum number of tokens that will ever be created for that cryptocurrency. For KISHU, the max supply is fixed.
Why is the trading volume so low?
Low trading volume can indicate a lack of liquidity and market interest at a given time. It can make it more difficult to execute large trades without affecting the market price and often correlates with higher price volatility.