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Recently I’ve noticed a lot of posts about $KENDU which all cover the various aspects of Kendu, which can seem kind of overwhelming to the average investor. So I’ve compiled my personal top 5 reasons for investing in Kendu: 5. ‘Utility’: We have actually created a NFT Marketplace, and before you toss this away because of the poor reputation, hear me out. We have actually created a way to pay dividends to holders if you are interested i’ve made a post (admittedly now deleted) here: https://www.reddit.com/r/NFTsMarketplace/comments/1f80zyb/comment/llbekcn/ or you could look at this chart (see below) which does a really good job of explaining it. 4. Strong support compared to other communities: If you’ve been in the memecoin scene the past month you have probably heard of Neiro which has recently gone from 300 million marketcap to 30 million, and in their community telegram you can see everyone spreading FUD, people purely panicking and general chaos. But over at the Kendu telegram we’ve undergone similar tribulations and the entire time the community as a whole puts their heads down and works, ignoring the chart completely. This might not seem important/big to many of you, but this is a main reason I personally have such a high conviction in this project. 3. There is always something new on the horizon. When I first joined Kendu 4 months ago, there was rumours/hype building up around the Shiba Inu magazine. This eventually came true just as everyone expected it to. This also happened with Kendu Chad’s (our NFT Marketplace) where it was being rumoured and eventually came true. And just recently, we’ve heard talk of an announcment between Kendu and Zebec (who we have a debit card partnership with) that should be coming soon. I don’t expect this announcment to be anything insane, but it is always nice to have something on the horizon. 2. The recent redistribution phase we’ve experienced (suffered): Simply, when price goes down and holder count goes up, it’s basic redistribution, which is where a whale sells and the masses buy the sold tokens. The definition on the Kendu telegram follows as: Jeety John sells $KENDU for $1000. Sexy Sally, Magnificent Michael, and Chad Charlie buy $700 worth of $KENDU between them. A lot of you may ask why this is bullish. Clearly the price hasn’t moved even when redistribution happened but OP is saying it’s bullish? To put it broadly, redistribution here can be apart of a long term strategy to stabilise and grow the value of a memecoin, making it bullish for the project’s future, even if the immediate price impact is minimal, and how is this achieved? To start with, when redistribution phases happen, our circulation is increased. Tokens are spread more evenly across a larger number of holders, which in turn reduces the concentration of coins among a few whales. This ultimately helps prevent whales from dumping on us, which strengthens Kendu going forward. Furthermore, we also recieve an increase trading volume and liquidity. When these large sells occur, the whales selling and the masses buying all contribute to the volume which will increase the popularity and attention we recieve. If this isn’t convincing, think about whether a project with $1000000 daily volume is more bullish than a project with only $1000 daily volume. Also, when more people have tokens to trade, it can create a more active market. Which is also generally seen as positive because it means there’s more interest in the coin. 1. We go against the current memecoin meta. As you’ve probably seen recently with coins like neiro, most memecoins generally follow a similar path, this being when a developer will launch 50 different coins all with a ‘funny’ meme which is mostly narrative driven (neiro being the Doge killer). The dev would hope that one of these goes to 1 mil, and turn his attention to it by paying KOLs and trying to pump it short term. At Kendu, we are completely organic (which is a saturated term I know but hear me out), back a couple months ago when we were at a 3 million marketcap, our developer, Miazaki said he had alpha that if he released would instantly pump kendu to 50 mil. Turns out, he wasn’t lying, but he released this alpha slowly, so overtime we rose to 50 mil. Furthermore, here at Kendu we are different from that path as you can see. We haven’t paid any KOL’s and all marketing is done organically, as you’ve probably seen community members shilling on X (twitter), Reddit, TikTok and Stocktwits. Furthermore, these recently announced debit cards and NFT marketplace also reinforce the different path we are taking. We aren’t waiting for anyone to come and save us. We aren’t sitting around waiting for someone like Elon, Vitalik or a big influencer to randomly tweet about us. We ARE actively progressing the project to a point where Kendu when it was first created is COMPLETELY different to what we are now regardless of what the chart says. For me, this places a lot of trust in our developer and the community (which is the biggest alpha of kendu) and is why I’ve been holding for months now without selling a single coin. Anyway, this is my personal list of the top 5 reasons someone should invest in Kendu Inu so remember this isn’t financial advice and you should always do your own research. Join our telegram, which can be found on our dextools page or our website, https://www.kenduinu.com/, thank you for reading. submitted by /u/soFinished |
