The KISHU token was launched by an anonymous development team in April 2021 and went over a $2 billion market cap in just one month. The project was inspired by Dogecoin and has a goal to take meme coins to another level of the crypto market. The whitepaper states that the token smart contract passed a security audit, fostering the idea of complete transparency.
Originated on the Ethereum blockchain, the Kisha Inu token gives many benefits to its users. It allows two things: holders to be introduced to “next-gen concepts”, including participation rewards, NFTs, and decentralized exchanges and lets cryptocurrency concepts into the mainstream spotlight. Holders with decentralized wallets receive a 2% KISHU reward every time an active user transaction takes place.
The Kishu Inu project includes multiple products: the KISHU token, KISHU swap – where holders can trade any ERC20 token for another, KISHU crate – NFT Marketplace with prizes for artists, KISHU paw print – wallet tracker, and KISHU sWAG – merchandise store. Kishu Inu also possesses a burning wallet, which was used to manually burn most of the founders’ tokens to make it one of the biggest holders.