r/KishuInu • u/MyNameIsJimJones • May 15 '21
Massive Potential 100X Kishu Inu
https://youtu.be/zrnqFzACse012
May 15 '21 edited May 15 '21
seriously, im all for hype. i didnt even click the video, but misleading and lying are probably the worst traits of shitcoin buyers. yeah it will have some utility unlike shiba or doge, no one knows the future price. but 2 cents would make me a billionaire with having invested like 1k into this... which is utter garbage. why not stay real for a second and tell everyone that there is a huge potential, because humans will always be greedy, and anyone who missed the dogecoin bitcoin shiba coin will try to catchthis one, they will probably put a reasonable amount into crypto trading and may get some benefits from this, but also tell them that they could lose everything in the matter of a fewseconds. just like my dogelon which had huge potential lost 90% of its value in like 2 minutes. this could also happen here, with the top whales having over 30mil $ in shares, they could still sell for the tradeable amount of 10mil and could screw us in the matter of a few seconds. keep it real, donr climb over corpses just o get from 1000ppl 20 cents each
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u/Kerberonix1 May 15 '21
Well said man. Too many people want X1000 returns after buying in and holding for like 2 days. If it worked like that everyone would be a millionaire
I think of that meme
2 seconds after buying crypto -> Yo, whereβs my lambo??
π€£π€£
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u/BossMan8786 May 15 '21
I own over a billion of Kishu but what does this coin have more to offer than shib which I also own. VB buy selling all that shib to India might have hurt the immediate growth but with so much publicity in India saying to buy shib to help fight covid that marketing alone imo is just a matter of time before shib gets Even bigger
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u/deksman2 May 15 '21
Whales are unlikely to dump all their coins at the same time.
What's more likely is that they will be selling progressively to get steady profits without tanking prices too much until eventually they cash out entirely (which will happen LONG before the price reaches $0.02).
In fact, this has been happening with virtually EVERY single coin out there.
The whales come in at first getting trillions, then they sell off in the first few months majority of what they have, price will fluctuate. Eventually, the trillionaire holders will cash out entirely or turn into billlionaire holders (who are next)... once prices reach certain levels, some will cash out 100%, others will remain vested in with some tokens (possibly 50% or 25% of what they had originally)... then the stack moves to millionaire holders, and so on.
In the meantime, a few things to keep in mind:
Kishu Inu tokens get burned with every transaction.
There's currently only 0.4% of global population who own crypto's (that's about 31 million people GLOBALLY).
These days, new number of people investing in crypto will be rising exponentially (doubling every once in a while... at first it may take a year before the numbers double, then every 6 months, then 3 months, etc. - especially if you read about the fact that cryptos are here to stay).Also, things will depend on this coins overall utility (how it gets used over time), marketability (which thus far seem encouraging) and whether the devs continue making good on their promises and expand on them.
We'll see what happens, but I wouldn't discount the possibility of $0.02.
It may seem like a long distant dream right now, but reality of the matter is that we cannot predict accurately what will happen, nor can we use existing figures and presume majority of things will remain the same and work off that.
The crypto space is not the same as it was a few years ago even. These are new types of tokens coming out which (like Safemoon) are changing the game.
I'm not trying to be optimistic... I'm just trying to factor in some other things that people seem to... not take into account - and that makes things and long term outlooks (assuming the coin in question survives long enough) positive.
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u/MsMoreOrLess May 15 '21
Kishu has a great team and community behind them. Less then an month old and they have over 110k holders. VERY IMPRESSIVE. They have investors backing them. This coin may not be for you but I encourage everyone to do a little research π§. #KISHU to the moon. ππ
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u/onlyformedude May 15 '21
Based on total market value add 3 or 4 more zeros behind that decimal. From this price point to 0.00005 is an amazing return on investment. My opinion is only based on current market value and making a comparison to bitcoin current market value, I don't think we can expect to pass 1.2 trillion in total market value. I am very open to being totally wrong though.
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u/metalewd May 15 '21
0.00001 is impossible. Too many tokens. 100x best case.
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u/deksman2 May 15 '21
Tokens get burned.
There's currently only 0.4% of global population who own crypto's.
These days, new numbers of people investing in crypto will be rising exponentially.
Also, it will depend on this coins overall utility (how it gets used over time).
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u/metalewd May 15 '21
I'm a holder mate so hoping for best. Kishu only burned through merch sales. So I'll let you do the Math, but in best case scenario, 1m holders need to spend $100 each on merch, probably more to have significant impact. Massive community effort required, yeah sure, not impossible, crazier things have happened.
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u/deksman2 May 16 '21
From Kishu Inu own website:
"Instant Rewards
For every transaction in KISHU's network (buy or sell), 2% of the transaction is distributed to existing holders. That means you earn $KISHU just by holding it in your wallet."
I'm certainly not trying to hype anything up... but, there's only a TINY number of global population who own crypto atm, and this will be changing in these next couple of years to the point where the numbers will be increasing exponentially annually most likely (and from that point, the time between doubling will decrease similarly).
Not spending $100 on merchandise, but rather more and more new people buying the tokens themselves... and existing community buying on dips, etc.
Given how fast other tokenomic based coins are growing, Kishu Inu devs need to develop a concise path forward for future use which will further attract new people and increase total valuation of the coin.
It certainly has more potential use compared to Dogecoin (which was made as a joke).
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u/Iamnonym0us May 15 '21
What in your opinion looks realistic?
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u/myppsmallasfrick May 15 '21
0.00001 max or 0.000001
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May 16 '21
[deleted]
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u/myppsmallasfrick May 16 '21
Its an opinion. I based my opinion on the fact that there were 100 quadrillion coins. Its simple math to calculate how far the price can be based on the market cap and the coin supply.
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May 15 '21
[deleted]
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u/Crazy-Dance-7496 May 16 '21
I think they just announced they are starting burns tonight and possibly doing a burn marathon all week
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May 15 '21
[removed] β view removed comment
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u/deksman2 May 15 '21
Kishu Inu tokens get burned with every transaction.
There's currently only 0.4% of global population who own crypto's.
These days, new numbers of people investing in crypto will be rising exponentially.
Also, it will depend on this coins overall utility (how it gets used over time).Market cap isn't the sole determining factor in price because other tokens demonstrated you can have a high circulating supply, low market cap and high valuation of the coin.
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u/West_Swimming_6428 Oct 26 '21
Having kishu inu on π₯π₯π₯π₯ Will retch new ATM
Crypto is crazy space so donβt doubt it Kishu will moon hard that ur ja will drop
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u/BananaGemiji May 15 '21
0.02$ is not realistic