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Shiba Inu and Keninah Concord: Projects to Overcome Crypto Crash 2022

Place/Date: - August 31st, 2022 at 3:51 pm UTC · 4 min read
Source: Keninah Concord

Altcoins like Keninah Concord (KEN) often sustain the most harm during a crypto crisis. From their record highs this year, the costs of certain projects have dropped by as much as 80%. The good news is that neither the crypto crash nor the subsequent bear market will last permanently because the market moves in cycles. Consequently, how many bitcoin investors profit from the recent market crash? The majority of seasoned investors take the technique of searching for outstanding cryptocurrencies that are trading below their value and purchasing them.

Scouting comprises conducting extensive study on bitcoin projects like Shiba Inu and choosing ones with solid fundamentals. They believe that if the market where to go in the right direction, prices would increase to reflect the value, and they might make money.

Keninah Concord Creates a Stir with Explosive Presale

The Keninah Concord Token ($KEN) is a brand-new cryptocurrency project that aims to build a reliable platform on the blockchain and cryptocurrency network so that conflict victims all over the world can receive financial assistance through donations. The system makes use of distributed ledger technology (DLT).

The purpose of this token is to use its features to suggest solutions to the urgent problems involving war survivors and donations to them. By fostering trust among its token holders through transparency and traceability, Keninah Concord Token ($KEN) will help the entire project succeed.The KEN token is currently on presale and you can take advantage of the bonus. If you purchase KEN using SOL, you will get a 12% bonus.

More Information on the Crypto Crash of 2022

2019 saw a rise in the acceptance of cryptocurrencies like Shiba Inu. There are many good and bad things happening in the bitcoin industry with projects like Shiba Inu. As a result, that is the primary justification for why people discuss it. Investors of all stripes have become interested in new cryptocurrencies like Shiba Inu since 2019. Anyone with a wide variety of interests is welcome in the cryptocurrency community. For those who prefer to invest just for fun, there are several possibilities accessible. There are numerous investing options available to someone looking to make sizable, secure, and traceable investments. Shiba Inu is one among them.

Two instances of the projected cryptocurrency crisis of 2022 have already happened in the first half of the year. Terra Luna’s demise in May 2022 served as the catalyst for the 2022 crypto meltdown, which cost $500 billion. The second cryptocurrency crisis of 2022 happened in June as a result of the declining state of the currency market. As a result, many people are already looking for ways to leave the bitcoin market. Even if it could seem like the greatest choice, it’s not always the case. Many cryptocurrencies, like  Shiba Inu, were developed in order to stave off such losses and fully recover in the event that the cryptocurrency market stabilises.

Shiba Inu – the Meme Dog That Is More Bark Than Bite

Shiba Inu, the second-ranked meme token on the cryptocurrency market, might be a profitable cryptocurrency for consumers. It is a Dogecoin alternative built on the Ethereum platform, with features including an NFT art incubator and the ShibaSwap decentralised trading platform. SHIB is compatible with the Ethereum ecosystem as opposed to DOGE. And this has aided the development of blockchain applications by the community, such as ShibaSwap, a DEX that lets users to trade and stake tokens directly with one another. In the future, the Shiba Inu community plans to release an NFT platform and a DAO-based governance system. Shiba Inu has a market cap of $6.686 billion, a 24 hour trading volume of $339 million, and a live price of $0.00001134 right now.

A vibrant user base will manage Shiba Inu’s operations under a community-driven model. Known as the Shiba Inu Army, this neighbourhood. The Shiba Inu project is likewise built on the Ethereum network. It gets access to the cutting-edge features of that blockchain as a result. In addition, the quantity of Shiba Inus is restricted. One quadrillion tokens will be available overall. The market demand for Shiba Inus will rise as a result of plans already in place to burn a specific portion of the cryptocurrency tokens.

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.

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