All Aboard the KIN TRAIN
Fairly new chart from FTX but this coin has deep history. There are a few fundamental reasons I'm bullish on this crypto so I'm highly interested in this chart. As this chart grows I'll be posting more on the technical analysis .
1. SEC case. It's safe to say this project got over a huge hurdle considering they are still operating after paying heavy fines. Some projects would have folded with the pressure but Kin didn't.
2. Exchange listings. Once kin gets listed on more exchanges, the value will rise. Binance or Coinbase listing would be great for the Kin Foundation. This coin needs to hit the US market hard.
3. New meme coin. I could easily see this becoming the new meme coin as the Kik app still has somewhat of a following and could bring a younger customer base to the ecosystem.
4. The Price is SUPER LOW. People love to FOMO into cheap coins and who wouldn't love seeing their portfolio stacked with millions of coins.
5. The Use Case. It's basically internet money and the focus is on being just that. A lot of crypto are connecting to projects but have no use case. Try explaining to your friend what the use case for Doge Coin is. Hell, I don't even know.
There are quite a few cons also but I'm all aboard the Kin Train and NO FUD over here. Feel free to give me a follow as I'll be checking in and posting about this project for the entire ride.
* All statements from this post is speculative and solely my ideas. I am not an financial advisor and I do not portray to be one. Please do your own research. Thanks for reading *
1. SEC case. It's safe to say this project got over a huge hurdle considering they are still operating after paying heavy fines. Some projects would have folded with the pressure but Kin didn't.
2. Exchange listings. Once kin gets listed on more exchanges, the value will rise. Binance or Coinbase listing would be great for the Kin Foundation. This coin needs to hit the US market hard.
3. New meme coin. I could easily see this becoming the new meme coin as the Kik app still has somewhat of a following and could bring a younger customer base to the ecosystem.
4. The Price is SUPER LOW. People love to FOMO into cheap coins and who wouldn't love seeing their portfolio stacked with millions of coins.
5. The Use Case. It's basically internet money and the focus is on being just that. A lot of crypto are connecting to projects but have no use case. Try explaining to your friend what the use case for Doge Coin is. Hell, I don't even know.
There are quite a few cons also but I'm all aboard the Kin Train and NO FUD over here. Feel free to give me a follow as I'll be checking in and posting about this project for the entire ride.
* All statements from this post is speculative and solely my ideas. I am not an financial advisor and I do not portray to be one. Please do your own research. Thanks for reading *
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