Akita Inu Coin Review
Considering getting into cryptocurrency? You might want to look at AKITA. It started on Uniswap and is now available on other decentralised exchanges, such as MXC, HotBit, Poloniex, and BKEX. Its price is expected to reach $0.10 by 2022-2023. This cryptocurrency is a fork of the popular Olympus coin and is entirely decentralised.
Walletinvestor predicts the price of AKITA to reach $0.10 in 2022
New crypto coins are listed all the time, but it is risky to invest in them. Akita Inu is one such new coin that has gained attention lately. Currently, the price of this currency is $0.0000001574, down over 4% from its launch price. While the coin has not yet reached $1, Walletinvestor thinks it will reach that price by 2022 and 10 cents by 2025.
The price of AKITA has fallen since it ran in 2021, and some token holders are calling for a price of $0.01 per coin. However, for the token to reach such a level, it must undergo significant innovation.
It is a meme coin
Akita Inu (AKITA) is a meme coin that aims to bond with like-minded people. Its token value has risen considerably in the last 24 hours thanks to its loyal following. According to CoinMarketCap, 50% of its token supply was sent to Ethereum co-founder Vitalik Buterin, and the rest was transferred to UniSwap for liquidity.
The coin is undergoing a rapid upward trend, with AKITA currently trading at $0.000000158. However, there are risks associated with investing in any cryptocurrency, and the market is highly volatile.
It has over 100,000 holders, 12,000 members on the subreddit, and almost 20,000 Telegram users. In addition, it has listings on a variety of popular exchanges. It was created as a social experiment by the AKITA network, which wanted to see if a meme coin could survive in the long term. Ultimately, they were successful.
It is a fork of Olympus
The Akita Inu (AKITA) cryptocurrency is an offshoot of the Olympus network DAO. It is a decentralised autonomous organisation that uses blockchain technology to make decisions. This fork of Olympus already has a reserve currency protocol on Avalanche and its governance token, the gAKITA token. While this project is still in the early stages, it already has over 15,000 investors and has been added to several exchanges.
The coin is a decentralised ERC-20 token on the Ethereum blockchain network. It was launched without an official core team but has since developed a strong community of investors and community members. The project aims to turn AKITA into a real-world currency with actual use cases.
It is 100% decentralised
Akita Inu is a meme-based coin on the Ethereum blockchain. Its total supply is 100,000,000,000,000 AKITA. However, 50% of this supply is locked in Uniswap pools.
The AKITA network was formed as a social experiment utilising tokenomics. It brought together people who shared similar interests and wanted to invest in a shared experience. They do so through anonymous social networks. Using this network, visionaries will gain access to organisations and suppliers.
It has a strong community
One of the biggest strengths of a crypto project is a strong community. The project has a very active community and has grown rapidly.
Over 100K holders from 60 countries have already joined. This community has helped the project grow without external funding.
The coin has a large community and a strong supply, influencing its price. The coin has high volatility, which day traders favour.
Author: Hassan Alzaza
My Name is Hassan Al-Zaza, I am a detail-driven and experienced SEO Content Writer living in Germany with over ten years of experience developing and producing top-notch content. I have a Bachelor's degree in English Language and Literature and a Master's in Business Communication. I have been working for 12 years in marketing, Content Writing, and ad Copywriting across SMEs, corporate, and public sector organizations in the EU and the Middle East region. I helped build brands for a wide range of successful companies from IT and software consultancies to the finance industry, tourism, and retail.