Review on Kin by Mehdi hazni
KIN Currency
In my research on this project, I saw that this project was presented by the kik messenger team, but I did not believe it because kik is one of the most famous messengers with a long history and the Kin currency is ranked 409, which is not a very high ranking. For this reason, I did more research and found the page related to this currency on the main website of kik messenger. Given the presentation by a powerful company, I think investing in kin can be profitable in the long run, regardless of charts and other factors.
The number of tokens of this network that is active on ERC20 is very high and its maximum supplies will be 10,000,000,000,000 KIN and the reason for the very low value of each unit (currently $ 0.000005) is this issue.
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Pros
- Provided by the company of a very famous and widely used messenger called kik
- At TDE, about $ 98 million was raised for the project
- In my personal opinion, regardless of the price chart (because of the provider company and goals), it is suitable for investment in the long run
Cons
- Prices have dropped significantly since the launch
New products
Comments (1)
October 16, 2020
Kin and KIK separated a long time ago, they had problems with security issues in the app. Now, the tokens supply gives issues Kin vs the SEC.
They already move to Solana's Blockchain; Let's see what happens.
Greetings Mehdi.
