In the last 24 hours, two new cryptocurrencies have risen sharply: Kitty Inu (KITTY) and Cheems Token (CHEEMS). Both showed increases in the three-digit percentage range. When we introduced the coin, we said: What is Kitty Inu (KITTY)? What is Cheems Token? How will their respective prices develop in the short term? What is the difference between the new cryptocurrency?
KITTY: The stadium soars over 500%
Currently, the most popular cryptocurrency and one of the most profitable coins on Coinmarketcap.com is Kitty Inu (KITTY). A new cryptocurrency could increase its value by more than 500% in the last 24 hours.
For example, at the same time yesterday, KITTY’s offer was 0.000005466 USD and the coin started going up. First, the move to 0.0000296 USD was realized with a tiered win, then the buyer took the Kitty Inu for the second time at 0.000033 USD. Tried and finally high at $0.00004587 – this is the new historical high that KITTY has been trading since.
Kitty on the daily chart. Source: Coinmarketcap.com
As Kitty Inu’s trading volume also increased by more than 960% from the previous trading day, the possibility of renewing its intraday high cannot be ruled out. But what kind of coin is Kitty inu?
What is Kitty Inu Coin?
According to the official website, Kitty Inu is “inspired by the rise of Shiba Inu and Floki Inu” whose name is hard to guess. They said they wanted the developers to use the Kitty Inu to teach “the old dog” and “a few new tricks.” Kitty Inu’s goal is to build one of the largest and largest cryptocurrency communities in the world, backed by “one of the best DeFi teams”. Or to quote the KITTY team:
“Half kitten, half inu, kitty inu will fly to the moon meowing.”
Kitty Inu now sees himself as another branch of the highly successful Meme-Coins, but places himself in the middle rather than the dog or cat faction. So the coin mascot shows a hybrid of Shiba Inu and a kitten.
According to the inventor of Kitty-Inu, by 2021, “Shiba Inus will surpass cryptocurrency poetry.” Now, the world of ‘at one time cats prevailed’ is under threat. Kitty Inu must now reclaim “where she deserves in the Inuverse” and usher in a new era called “Kittyverse.”
This sounds very strange. Until recently, the same was said about top emoji coins like Dogecoin or Shiba Inu Coin. Nothing is impossible in the cryptocurrency space, even “kittyverse”.
How does Kitty Inu (KITTY) work?
With respect to Tokenomics (herein referred to as Kittynomics), the following are known: According to official information, there will be a total of 1 trillion KITTY coins. The Kitty team promises to: Believe in a fair release. This means, for example, no pre-sale, no pre-allocated team tokens.
However, a 10% commission is charged for each purchase and sale transaction. Of that, 3% should be attributed to the development of new cryptocurrencies. 1% of the commission goes to the liquid mining pool and 6% goes to marketing.
Kitty Inu – What’s next?
The following milestones are promised in the near future on the Kitty Inu roadmap (“MoonMap”).
CoinmarketCap.com is listed on major cryptocurrency exchanges (Coinbase, Binance, etc.).
According to Digitalcoincoin, Kitty Inu could actually occupy a place in the emoji coin structure. The portal’s forecast describes KITTY as a profitable investment. According to forecasts, KITTY could rise to $0.0000596056 by the end of the year, and in the long term (by the end of 2026) Kitty Inu could rise more than 211% to up to $0.0001427384.
Kitty Inu price record through 2028. Source: Digitalcoin Genealogy
Cheems Tokens: Solana Meme Coins Up 245%
Cheems tokens (CHEEMS) also woke up from a deep sleep. Yesterday’s trading price was 0.0024 USD and it rebounded 245%, raising the Solana meme token to 0.0083 USD. This is an all-time high for Cheems. The tremendous growth allowed Cheems tokens to enter the list of top winners and their teams on Coinmarketcap.com.
Cheems Daily Chart: Hit an all-time high. Source: Coinmarketcap.com
Cheems is currently one of the fastest growing tokens in the Solana ecosystem, as rated by “Solana Daily”.
best performer #solana load for 24 hours
Over the past 24 hours, BTC has fallen slightly, affecting the market, and the Solana ecosystem is no exception. But Solana’s emoji mark is— @theChemsToken Different @samoyedcoin It is still showing significant growth. #solana summer #solanas pic.twitter.com/JqVAw3UGHT
– Solana Daily (@solana_daily) October 28, 2021
But what kind of cryptocurrency are Cheems tokens?
What is Cheems Token?
The Cheems token is one of the first emoji coins in the Solana ecosystem. Similar to Dogecoin or Shiba Inu Coin, the Cheems token is focused on a dog theme, so it also has a dog as its mascot.
Cheems were initially distributed to users as airdrops in May 2021 (accounting for 30% of the total supply). Since then, the Cheems network has continued to evolve.
For example, according to official information, more than 60% of the original 7 billion Cheems tokens have now been burned. The team recently launched the CHEEMS-NFT series. Users can create one of 10,000 Cheems trading cards. The unit price is 0.35 SOL. At the time of writing, 2,876 of 10,000 trading cards have been issued.
The project also has a huge community on Twitter and Discord, with over 13,000 users already following this new cryptocurrency. The team is now expanding, as the token’s official Twitter account just announced.
“Thanks to Chimus here and we are now expanding our team to make one of our dreams come true.”
We would like to say thank you to everyone who has supported us during this difficult time. Thanks Cheems for coming here now. We are currently expanding our team to make one of our dreams come true. Hi #cheese river
– $ Cheems (@theCheemsToken) October 25, 2021
Cheems tokens may go unnoticed as many investors want a price development similar to Dogecoin or Shiba Inu on the fast-growing Solana network. It remains to be seen which of the many emoji coins will eventually become strong enough to stand out from the competition.
Cryptocurrency Buying Guidelines
In this short guide, we have explained how to buy cryptocurrencies like Kitty Inu (KITTY) on test winner eToro. Kitty Inu is currently not available on eToro, but there are many other cryptocurrencies out there, so in this tutorial I will show you how to buy coins from the broker in 3 steps.
Step 1: Register
First you need an eToro account. Enter your username, email address and password of your choice on the page. eToro will then send you an email with a verification link. Click this link to complete your registration.
Step 2: Recharge your account
Now let me explain how to fund your eToro account with money. After this step, you can buy cryptocurrency. Click the “Deposit” button in the lower left corner. Then you can choose a payment method. Just click on your preferred payment method and enter the amount you want to invest.
At eToro, you can choose from many attractive deposit methods. PayPal and bank transfer are very popular, for example. You can also pay by credit card.
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Conclusion: Buying Cryptocurrency
Now all steps are complete – you can buy coins. A search box will appear in the top center. Click on it, enter the name of your cryptocurrency and eToro will display your coins. Click again and you will receive more interesting data about the coin.
You can also choose from a variety of purchasing options. It is displayed when you click the “Transaction” button.
Buy or Sell: Should you buy or sell? Immediately or Order: This option determines whether to purchase immediately or later. Quantity: Here you can set the number of tokens to purchase in cryptocurrency. Stop Loss and Take Profit: You can choose to close your position automatically when your loss or profit reaches a specified amount. Leverage: If you choose X, you are buying a real Kitty Inu. If you choose X2, you will buy Kitty Inu (KITTY) -CFD.
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Last updated October 28, 2021
Cryptocurrency is a very volatile and unregulated investment product. Your funds are at risk.
Information Source: Compiled with 0x information from COINCIERGE. The copyright belongs to the author, and unauthorized reproduction is prohibited.
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