Kishu Inu had first gained popularity in the spring of 2021, together with other dog-themed crypto projects, like, for example, the Shiba Inu coin. Since then, this cute token has lost some of its value — can it get its price back up again? You can take a look at our Kishu Inu coin price predictions for some answers.
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Kishu Inu (ERC20) Fundamental Analysis
Kishu Inu is a community-based decentralized token on the Ethereum network launched in April 2021. Like many projects of its kind, the Kishu Inu token is meant to bring some true purpose to a funny and easy meme project and to promote crypto concepts into the mainstream.
Kishu is the name of a Japanese dog breed and also the coin name that matches the names of the creators — Kishu Man and Inu Dev. After launching the token developers passed the governance to the team of 20 enthusiasts and continued to work on the project improvement and coordination. The project’s goal in numbers is quite ambitious — as they want to reach a $2 billion market cap.
Since its launch, the Kishu Inu coin has already hit some records — increasing the price 30% on the first day, surpassing a $2 billion market cap, and getting over 100,000 holders in the first month. Token’s advertisement also has been on the billboards at the New York Times Square and the highest skyscraper in the world Burj Khalifa in Dubai. In early June football legend Ronaldinho became the ambassador of the project and Kishu Inu was also advertised by the Brazilian football player Marcelo Vieira. The main catch is that Kishu Inu is accessible even for beginners with minimal knowledge about crypto.
For the holders, Kishu Inu offers an easy and popular nowadays concept of “hold and earn” as everyone who has the asset in their digital wallet receives a 2% redistribution from every transaction. The total supply is 100 quadrillion coins.
Kishu Inu (ERC20) Live Price Chart
Kishu Inu coin price at the initial stage was $0.000000000049 and kept growing almost until the end of June when it reached the plato. Since then Kishu Inu prices have not been changing a lot, experiencing slight rises and falls.
The token price was growing 2-3% every day till it reached the absolute all-time-high on May 23 — $0,000000003461. After that, following bearish trends, the token has lost 90% of its highest price and has not gained the price back completely. Kishu Inu price prediction now is not clear for any analysts. Many of the community members don’t take the project seriously or are suspicious about its future, while there are optimists expecting the price to grow up to 600% by 2027.
Kishu Inu (ERC20) Technical Analysis
Despite the fact that 100% accurate technical analysis for Kishu Inu cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated KISHU buy-and-sell rating for selected timeframe. The summary for KISHU/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Kishu Inu (ERC20) Price Prediction
Below we have collected the most reliable price projections for Kishu Inu (KISHU) from popular forecast platforms.
WalletInvestor KISHU Price Prediction for 2022, 2024, 2026
As it can be clear from the analysis cited above, Kishu Inu (KISHU) projections are rather contradictory. There is no universal consensus either about positive or negative future KISHU price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Kishu Inu projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).