Hi all, I know crypto may be a scary word for many out there, but there are many upsides to crypto markets. They never sleep, they are global markets, and with the introduction of ETFs crypto is growing rapidly.
I want to introduce you to a new project called $Kendu Inu, it's a new meme coin project that is growing rapidly. A meme coin is a crypto currency that is based on an internet meme, it has zero inherent value and the price is entirely based on human emotion, although that sounds risky, and it is to an extent, these projects can see enormous gains over short periods.
For example you may have heard of a meme coin called Shiba Inu (SHIB), Shib is one of the largest ever crypto projects, 100 trillion tokens were initially minted and it rose to an all time high market cap of approx 50B in 2021, that's a percentage gain of 11430362%. If you had have put $100 in Shib in the early days of the project, you wouldn't be on this page right now.
$Kendu has been created by some of the original Shib developers, and it's being backed by the lead Dev of Shib, Shytoshi Kusama. After Shibs success Shytoshi has become a leading figure in the crypto space, anything he touches usually turns to gold. $Kendu is using the same principles as Shib, nurturing and developing an organic and dedicated community of holders that work together to spread awareness, which is growing rapidly - approx 100 holders per day currently.
The vast majority of people invest in crypto through a centralised exchange, for a project to get listed on a centralised exchange it must prove it's worth by holding a minimum 100m market cap and having a large daily trading volume, by the time this happens institutional money starts investing and the potential gains gradually become less as it grows. At this stage $Kendu is not listed on any centralised exchanges, in order to buy you must set up a decentralised wallet (an easy, 10 minute process). But centralised exchange listings appear to be just around the corner.
$Kendu is currently holding a market cap around 35m with the potential to realise a 1b or higher market cap, it's still very early days for this project, the top holders hold less than 2% of the entire share, so it is not a 'rug pull', it has a highly credible and experienced Dev team and a rapidly growing support base.
I'm not suggesting you invest your life savings, but a $100 - $1000 investment could lead to decent gains if this project continues its trajectory. And you can become part of a fun and evolving community, connect with new people and learn new skills.
For more info I encourage you to download telegram and join the group chat. There you will find a supportive and helpful community that can answer any questions you may have.
Submitted May 18, 2024 at 12:55AM by No-Net2112 https://ift.tt/6jUbpCA
