Shiba Inu Talked About That Altcoin That Will Shape the SHIB Cosmos!

The Shiba Inu ecosystem lifts the curtain on Kendu Inu (KENDU), an altcoin poised to reshape the SHIB universe. The ecosystem team announced this information in the 27th issue of the weekly magazine, published on June 5.

The joker that will change the Shiba Inu cosmos: Kendu Inu

According to the magazine, Kendu Inu is a chest coin themed after the Japanese dog breed Kai Ken. The group behind the token aims to challenge convention by prioritizing identity and community over typical tokenomics. While Kendu embodies the fierce spirit of the Shiba Inu, it does not follow the model of other tokens aimed at burning SHIB and BONE within the ecosystem. Under the leadership of its pseudonymous founder, Kendu Miyazaki, the Kendu group focuses on building a strong brand and a cult-like following united by a common vision before delving into other responsibilities.

Miazaki said, “First of all, we are a chest coin, our priority is the brand. “You can have the most affordable work in the world, but if no one knows it…no one knows it and no one uses it,” she says. At the time the magazine was published, Kendu had more than 6,000 users. Alternatively, this number had risen to over 10,043 by press time. Kendu Inu uses a brand-focused strategy to stand out in the already saturated chest coin space. Additionally, it aims to contribute significantly to the growth of the Shibarium ecosystem by bringing new users and ideas to realize its vision of achieving a billion-dollar market.

What is the current situation?

Currently, KENDU is the 2,743 largest on CoinMarketCap with a market cap of $203.61 million. It is the next cryptocurrency. The token price was $0.0002048, down 9.38% in the last 24 hours. At its current price, KENDU is down 24.17% from its all-time high of $0.0002694 recorded on June 13, 2024. Although it was released this year, KENDU; LBank managed to be listed on leading cryptocurrency exchanges such as BitMart and Poloniex. CoinMarketCap data shows that the token’s 24-hour volume decreased by 20.24% to $4.85 million.

Kendu Inu’s launch and its approach to the ecosystem sparked controversy among crypto experts. Some experts praise Kendu’s community-focused approach and the value it places on brand awareness. Others are cautious about the unknown nature of its tokenomics and the fact that it does not contribute to the Shiba Inu’s cremation machinery. Kendu Inu is an assertive chest coin ready to open a new page in the SHIB world. The future of the token depends on the growth of its community, the success of its brand strategy, and its ability to contribute to a beneficial ecosystem in the long term. We will see in the coming period whether it is one of the factors that will shape the future of the SHIB ecosystem.