Cryptocurrencies have come a long way without a doubt. At the time of Bitcoin’s launch, nobody took this industry seriously. As time passed by, Bitcoin and other first-generation cryptocurrencies such as Litecoin began getting attention and investments. Yet, known investors and influencers were not happy with such projects and began making negative public statements about certain coins.
There was a period in time during which hundreds of influencers and businessmen would call Bitcoin a fraud and a scam. They are not to blame, however. Considering the fact that the founder of Bitcoin, Satoshi Nakamoto, is anonymous, people have reason to doubt.
Despite everything that was going on, the cryptocurrency market kept existing and is alive to this day. Different from then, however, is the fact that today people are supporting such projects. From large corporations such as Facebook and Adidas to countries of the likes of El Salvador, the cryptocurrency market has begun mass implementation.
As this market grows, so does its variety. Today, you can trade more than 14,000 different cryptocurrencies and tokens with each other. Each of these projects is different from one another, however, not are all valuable and have potential. We have rug-pulls and abandoned projects that might never recover.
Some of the biggest sectors in the cryptocurrency market at the moment are the Non-Fungible Token (NFT) sector and the memecoin sector. There is a token that touches upon both of them and it goes by the name of Kuma Inu.
Kuma Inu (KUMA) Fundamental Analysis
But what exactly is Kuma Inu? How does Kuma Inu work? Similar to Shiba Inu, Kuma Inu is an ERC-20 token operating on the Ethereum blockchain. Memecoins are all about community, and Kuma Inu focuses on just that. In their whitepaper, the team of Kuma Inu state that the future is driven by the community… and they are not wrong. Recently, decentralization is being considered more and more valuable. Furthermore, Decentralized Authority Organizations (DAOs) are sprouting everywhere.
According to their roadmap, the journey of Kuma Inu is separated into four phases.
|$KUMA Uniswap Listing
|Kuma Breeder Redesign
|Kuma Dex Staking Launch
|Kuma Breeder Launch
|Smart Contract Audit
|Centralized Exchange Listings
|Kuma DEX Launch
|Kuma Inu NFT Marketplace
|2,000 Telegram Members
|Kuma Inu NFT AuctionPad
Until the time of this article’s publication, Kuma Inu has successfully surpassed the two phases. When it comes to the other phases, Kuma Inu is doing a good job achieving the goals of the third phase. Earlier this month, Kuma Inu hit 20k hodlers, getting it one step closer to getting to the final phase.
When compared to other memecoins, Kuma Inu is amongst the most loved ones out there. Moreover, Kuma Inu is one of the memecoins with the lowest market capitalizations. This means that this token has a lot of room to grow. With a market capitalization of only $26.12 million, Kuma Inu has the potential to x100 easily.
Kuma Inu Ecosystem
Kuma Inu tries to empower everything about its community by building an efficient ecosystem. The team of Kuma Inu is trying to build an ecosystem that can maintain itself. Until today, they have done quite a lot, but they do not plan on stopping. According to their whitepaper, their ecosystem will expand even further.
As of today, Kuma Inu has already launched their first Decentralized Application (DApp) known as Kuma Breeder. This DApp is a yield farming protocol designed specifically for memecoins. All you have to do is deposit your memecoins and start earning passive income. Nevertheless, please do your own research regarding yield farming because everything comes with risks.
Moreover, Kuma Inu found a fun way to keep its ecosystem healthy… and that is through the Kuma Inu Merchandise Store. Through the Kuma Inu merch store, the team aims to gather funds and build the ecosystem even further. Who wouldn’t want a cute phone sticker of the Kuma Inu logo either way? Apart from stickers, you can shop for Kuma Inu drawstring bags, t-shirts, socks, sports bags, backpacks, ¾ sleeve raglan shirts, and even embroidered baby bibs.
Soon, Kuma Inu will launch their long-awaited decentralized exchange (DEX). Their DEX will have a simple name – KumaDex. According to their whitepaper, their DEX will use an Automated Market Maker (AMM) to function. However, unlike traditional AMMs, the Kuma Inu DEX will allow its users to utilize the Constant Product Market Maker formula and enable up to x25 leverage trading. Because of its decentralized nature, users do not have to care about any potential threat posed by third parties. $dKUMA is the utility and governance token of the KumaDex.
Kuma Inu (KUMA) Price Analysis
According to CoinMarketCap, Kuma Inu joined the market 10th of June 2021. This makes it one of the youngest cryptocurrencies of this nature. When it first joined the market, Kuma Inu had a trading value of $0.000000017. By the end of July, the token had doubled its price and set a new all-time high of $0.000000031.
After just some weeks, however, Kuma Inu lost more than half of its value and dwelled around the price of $0.000000011 for some months. The end of September was catastrophic for this memecoin since its price fell even more.
Nevertheless, on the 8th of October, Kuma Inu got back on its feet. Only one day after, on the 9th of October, this token set a new all-time high of $0.00000013. When everyone thought Kuma Inu had reached its peak, the memecoin spiked once more, setting its current all-time high of $0.00000057 on the 13th of October.
By the 18th of October, Kuma Inu had gotten back to trading at $0.00000018. October just couldn’t end for Kuma Inu. On the 28th of October, Kuma Inu nearly surpassed its current all-time high by reaching a trading value of $0.00000055.
At the time of publication, Kuma Inu is trading at $0.00000021 per token and has a trading volume of $628,600. Furthermore, it has a self-reported market capitalization of $26.12 million and a circulating supply of 118 trillion.
Kuma Inu (KUMA) Market Price Prediction
Even though Kuma Inu is very early on the process, there are hundreds of price predictions regarding this token. Being a token with such potential catches the attention of everyone. Some people consider Kuma Inu a hidden gem because of its low market cap and high potential.
One of the biggest algorithm-based price prediction websites is Wallet Investor. Recently, this website covered Kuma Inu. Their Kuma Inu sees the token sitting under the price of $0.000001 for the rest of 2022. However, by July 2023, Wallet Investor claims that Kuma Inu could reach a trading value of $0.000002.
After some failed attempts to break the resistance level and reach a price of $0.000003, Kuma Inu might end the year 2023 with a price of $0.000002. Kuma Inu may trade at $0.000003 by the end of 2024. As for 2026, Kuma Inu could be trading at $0.000005 exactly five years from now.
A great cryptocurrency Youtuber known as Run Guys recently covered Kuma Inu on one of his videos. This video is about his favorite 3 cryptocurrencies under $0.0001 and one of them is Kuma Inu. During the video, he compares Kuma Inu with Kishu Inu and elaborates on how Kuma Inu is still early in the process. Moreover, he claims that Kuma Inu is yet to achieve its full potential since it has a very low number of holders when we compare it to other memecoins.
Although he does not give an exact price prediction on Kuma Inu, he explicitly states that he is very bullish on Kuma Inu. To wrap it up, he mentions the success of Shiba Inu’s NFT collection, Shibetoshi, and how history could repeat itself with Kuma Inu’s upcoming NFT collection.
Crypto Academy Price Prediction
After doing thorough research around the market, we at Crypto Academy came up with our own price forecast for Kuma Inu. In short words, it is safe to say that Kuma Inu is full of potential.
Kuma Inu (KUMA) Price Prediction 2022
The smaller a token is, the more it can grow. It is only a logical assumption that good low-cap tokens are set to skyrocket at any time. As for Kuma Inu, our forecast shows the token sitting at a potential price of $0.0000013 sometime during the first quarter of 2022. After hitting such a price, the token might dip a little but recover in no time. Our price prediction shows Kuma Inu ending the year 2022 with a potential trading value of $0.0000034.
Kuma Inu (KUMA) Price Prediction 2023
The year 2023 may be less interesting for Kuma Inu holders. After 2 positive years, the market tends to get less bullish. Because Kuma Inu could have a way bigger ecosystem by then, the market may not be as harsh for Kuma Inu as it might be for other projects. Kuma Inu may experience slow but sure growth. To wrap it up, Kuma Inu could end the year with a price between $0.0000045-$0.0000065.
Kuma Inu (KUMA) Price Prediction 2024
Now comes the most anticipated year for every cryptocurrency enthusiast, and that is 2024. In 2024, the Bitcoin halving event will occur. This event has almost always had a positive effect on the whole market. After the mining rewards halve, Bitcoin flourishes; and when Bitcoin flourishes, the others follow. Until 2024, Kuma Inu might expand its ecosystem even more and even undergo manual burns which could heavily affect its price. By the end of 2024, Kuma Inu may reach a price of $0.000025.
Kuma Inu (KUMA) Price Prediction 2025
By 2025, the memecoin sector could undergo a filtering process. Through this process, projects that provide little to no value might be abandoned by their holders. This is a healthy thing for this sector and the market as a whole, of course. Moreover, this could positively affect the price of Kuma Inu. That being said, 2025 might be the best year Kuma Inu will ever experience. As the year 2025 ends, Kuma Inu could accumulate a market capitalization of more than $10-$15 billion, giving Kuma Inu a potential price between $0.00012-$0.00017.
Kuma Inu (KUMA) Price Prediction 2026
As for 2026, Kuma Inu may meet some difficulties on its way. However, these issues should not pose that much of a problem and could be overcome easily. Although the market might be way more stable and less volatile around that time, Kuma Inu might continue to grow like crazy. It should be noted that Kuma Inu could still be a low cap token around that time since the market might grow big time. By the end of 2026, Kuma Inu could be trading between $0.0004-$0.0005 per token.
How to Buy Kuma Inu (KUMA)?
Buying Kuma Inu can be done through a centralized exchange or a decentralized exchange. However, using a centralized exchange is usually easier and more efficient.
Step 1: Create an Exchange Account
When it comes to centralized exchanges, you can purchase Kuma Inu in Gate.io, ZT Exchange, and AOFEX. Most people suggest using Gate.io, however. The first step towards buying Kuma Inu is opening an exchange account. All you need to open a Gate.io account is your full name, email, password, and phone number (optional).
Step 2: Fund Your Account
After you create your account, you should fund it. The payment methods differ from exchange to exchange, however, most exchanges accept credit/debit cards, direct bank transfers, or Paypal. When it comes to Gate.io, you can fund your account using a credit/debit card, a Peer-to-Peer (P2P) transfer, or a bank transfer.
Step 3: Buy KUMA
Now that you are all done with creating and funding your account, it is time to buy Kuma Inu tokens. First, you must go to “Markets” and search for a market pair that includes KUMA. Most users suggest using KUMA/USDT because of the liquidity it provides. Afterward, select the market pair and enter the amount of KUMA you can afford to buy. After clicking on “Buy” you will become an official KUMA holder.
Is Kuma Inu (KUMA) a Good Investment?
Yes. Investing in Kuma Inu may prove to be a good investment for you for several reasons. Kuma Inu is one of a handful of memecoins that are working on real projects and products to further grow their ecosystem. With its upcoming products and partnerships, the volume and exposure that Kuma Inu has are likely to increase. When these two increase, so does the price.
Will Kuma Inu (KUMA) Reach $1?
It is possible for Kuma Inu to reach $1. The main issue of memecoins is their huge supply. Kuma Inu, Shiba Inu, and several other memecoins have trillions of tokens in their supply. This makes it hard for its price to pump up. However, there are several instances when a change in the tokenomics of a token had an effect on its trading value. Since Kuma Inu already launched KUMA V2, they might also release KUMA V3, the same token but with a lower supply. This would make it possible for Kuma Inu to reach a price of $1.
Where Can I Buy Kuma Inu (KUMA)?
At the time of writing, you can buy Kuma Inu in both decentralized and centralized exchanges. When it comes to centralized exchanges, you can buy Kuma Inu in ZT Exchange, AOFEX, and Gate.io. On the other hand, when it comes to decentralized exchanges, you can buy Kuma Inu only on Uniswap (V2 and V3). With this rate of implementation and growth, Kuma Inu could see new listings very soon.
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- Bitcoin was the first-ever cryptocurrency and its main goal was to create an alternative to the global financial system.
- As years passed by, new cryptocurrencies and tokens came into existence. Today, we have more than 14,000 cryptocurrencies in the market.
- One of the most interesting sectors of the crypto market is the memecoin sector.
- Kuma Inu belongs to the memecoin sector. Additionally, it is one of the tokens with the lowest market capitalization but the highest potential.
- Kuma Inu operates on the Ethereum blockchain. This makes it an ERC-20 token.
- According to numerous price predictions, the future of Kuma Inu is bright.
- After exactly five years, Kuma Inu could be trading at $0.0005 per token.
- All in all, Kuma Inu may prove to be one of the best investments for any investor.