Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #427,/ kind : Coin / Market Cap:$73,053,412 ===> GOOD ✅
Total Supply: 10,000B KIN /// Circulating Supply: 1,737.20B KIN (~ 17%) ====> risky ❌📛
🔰What Is Kin?
Kin is a decentralized cryptocurrency purposely designed to integrate easily across Mobile and Web Apps, with a built-in incentive model that rewards developers for increased usage. Apps built with Kin get paid for creating compelling cryptocurrency-based user experiences, where greater engagement results in shared economic benefits for users and developers. It was initially launched in 2017 as an ERC20 token on the Ethereum blockchain, but has since migrated to the Solana blockchain, enabling consumer-scale apps to transact swiftly, with minimal-to-no fees. Today, the Kin ecosystem boasts 60+ million wallets, and has distributed over $70M in rewards across 60+ apps since its inception
coinmarketcap-kin.org
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📈📉 TECHNICAL
As you can see on the WEEKLY timeframe for KIN/USDT , It is trading about $0.0000423 right now.
Since 2018 ,after recording an ATH ,it wasn't successful to record a new ATH recently ,
it has been declining when it touched the descending trend lines for 2 time and
had a retracement subsequently , I personally don't think about a new ATH when
its still below pivot zone. so now its price can decrease to lower support levels ,
but for any bullish rally it should be able to breakout the 2nd downtrend line, then
attack the resistance levels ,but as always it all depends to the situation of BTC
and crypto market in order to have any bullish rally .
🛑resistance level: $0.00035-$0.00037 ///$0.000185-$0.00020/// descending trend lines
🆚pivot zone: $0.000082-$0.00011
❇️support levels: (FIBO )- $0.00002-$0.000001/
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
🔹Rank #427,/ kind : Coin / Market Cap:$73,053,412 ===> GOOD ✅
Total Supply: 10,000B KIN /// Circulating Supply: 1,737.20B KIN (~ 17%) ====> risky ❌📛
🔰What Is Kin?
Kin is a decentralized cryptocurrency purposely designed to integrate easily across Mobile and Web Apps, with a built-in incentive model that rewards developers for increased usage. Apps built with Kin get paid for creating compelling cryptocurrency-based user experiences, where greater engagement results in shared economic benefits for users and developers. It was initially launched in 2017 as an ERC20 token on the Ethereum blockchain, but has since migrated to the Solana blockchain, enabling consumer-scale apps to transact swiftly, with minimal-to-no fees. Today, the Kin ecosystem boasts 60+ million wallets, and has distributed over $70M in rewards across 60+ apps since its inception
coinmarketcap-kin.org
------------------------------------------------------------------------
📈📉 TECHNICAL
As you can see on the WEEKLY timeframe for KIN/USDT , It is trading about $0.0000423 right now.
Since 2018 ,after recording an ATH ,it wasn't successful to record a new ATH recently ,
it has been declining when it touched the descending trend lines for 2 time and
had a retracement subsequently , I personally don't think about a new ATH when
its still below pivot zone. so now its price can decrease to lower support levels ,
but for any bullish rally it should be able to breakout the 2nd downtrend line, then
attack the resistance levels ,but as always it all depends to the situation of BTC
and crypto market in order to have any bullish rally .
🛑resistance level: $0.00035-$0.00037 ///$0.000185-$0.00020/// descending trend lines
🆚pivot zone: $0.000082-$0.00011
❇️support levels: (FIBO )- $0.00002-$0.000001/
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭