Thanks to Elon Musk’s hyping of Dogecoin, many dog-themed cryptocurrencies have been trending lately. The popular Dogecoin was themed after the trending Shiba Inu internet meme as a joke, which makes it a meme coin. The successive launch and steady uptrend progress of Dogecoin have resulted in many other meme coins such as the Kishu Inu coin and Floki coin coming into existence.
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Differences between Floki Inu & Kishu Inu
One of the differences between the Kishu Inu coin and Floki crypto is in the transaction tax. The 3% tax on transactions that Floki charges goes to the FLOKI treasury, for the purpose of developing the FLOKI project further, making partnerships, and funding charitable causes.
Meanwhile, Kishu coin charges 2% on every transaction but this goes to users’ wallets as a reward.
Another difference is the cross-chain capability of the Floki coin as it is built on both Ethereum and Binance Smart Chain while Kishu Inu coin is built only on the Ethereum chain.
What is Floki Inu?
One of the many tokens born from the inspirational success of Dogecoin is the Floki crypto (Floki Inu). The members of the Shiba Inu community, inspired by Elon Musk’s (Dogefather) very own Shiba Inu puppy, were able to launch the Floki crypto named after Musk’s pet.
Floki Inu boasts of being the only crypto community partnered with Elon’s brother (Kimbal Musk’s Million Gardens Movement). The partnership aims at battling the problem of food insecurity in the world.
Another promising project from Floki crypto is the three flagship utility projects. The three flagship utility projects comprise an NFT gaming metaverse (Valhalla), NFT & Merchandise marketplace (FlokiPlaces), and a content/education platform (Floki University).
Floki Inu is determined to be one of the top 10 crypto projects leading the evolution of crypto with the aid of its utility power and large community base. The idea of Floki crypto came into existence on June 15, 2021, after Elon Musk tweeted its intentions to adopt a Shiba Inu puppy, which he named Floki.
What is Kishu Inu?
Another raving meme coin is the Kishu Inu coin, which was launched in April 2021 not just as a meme coin but a meme coin with true utility. Kishu crypto was developed to lead the mainstream adoption of popular cryptocurrency ideas.
What makes Kishu coin more unique is its concept of bringing in features like participation rewards, NFTs, decentralized exchanges, among others to its holders. Just like the popular Dogecoin, Kishu Inu’s meme coin is also themed around a dog breed called Kishu Inu. Upon each transaction, the Kishu coin is distributed to users as a reward. It also offers staking earnings.
Not only is the Kishu coin fully decentralized but it’s also community-governed by its committed and vibrant members. As said earlier, every transaction issued on the network rewards users with 2% of the transactions. The Kishu Inu token has not only been audited and proclaimed secure but also extremely deflationary.
Floki Inu vs. Kishu Inu
Ethereum and Binance Smart Chain
Compete or befriend?
Dog-themed coins like Floki Inu and Kishu crypto are a bit more than a market frenzy just because they are meme tokens. Although it is believed that they won’t be worth much in the long term, these coins are said to be the best when it comes to making instant trades in the short and medium-term.
The idea of meme coins being short-term tokens means Floki coin or Kishu Inu coin is bound to outshine Shiba Inu as time goes on, based on public speculations just as we saw Shiba Inu token did to Dogecoin recently.
David Moadel from investor place does not recommend dismissing coins like the Floki coin as a flop. Here is the reason, he believes that coins like Floki crypto are so affordable that it could create ample return for some investors even if it only reaches $0.01. Just this August, the Floki Inu coin was worth $0.00000002 but in just a few months, its value increased rapidly. As of late October, the price of the Floki crypto coin had reached $0.00006. That is one massive gain and those who took profits at this stage would have gained significantly.
However, the Floki coin will later hit $0.00034 on November 4 to give almost a 17,0000% increase since that August price. So, a coin that was a joke before appears not to be joking around anymore. Of course, there have been dips since then but that only represents an opportunity to key in if you haven’t yet.
Use cases: Floki and Kishu
Floki coin uses cases
As mentioned earlier Floki crypto has three utilities proposed, which are:
- A Play-To-Earn NFT gaming metaverse (Valhalla)
The aim of the Floki Inu token for Valhalla is to create a place where users new to crypto can explore it easily via an NFT-based game and get paid to do so. The platform will have upgradeable NFTs and on-chain communications with the view of changing the NFT gaming sector of the cryptocurrency industry.
The use case you will find here is the ability to buy physical goods with crypto. The platform will make trading and paying for physical goods and NFTs easy using Floki coin as the main payment token.
- Floki Inuversity
Floki aims to create a leading crypto education platform focused on educating people and bringing crypto to the mainstream audience hoping to get them more familiar with blockchain and crypto.
Kishu Inu coin use cases
By creating an NFT marketplace, Kishu crypto hopes to build use cases for the coin. In the marketplace, token holders will be able to stake Kishu Inu coin and get rewarded with NFT derived from community contests
The Kishu coin has a wallet tracker where users can keep track of their rewards and prizes.
- KISHU sWag
This is a merchandise store managed by a non-profit organization that doesn’t have stockholders and is ownerless. This store enables token holders to support Kishu crypto’s fun in the physical world. Every proceeds here goes to sustaining and assisting the maintenance and growth of the project.
Get KISHU and FLOKI on Swapzone.
If you’re a fan of meme tokens and want to diversify your portfolio by adding more of them, you’re exactly at the right place. On Swapzone you get both KISHU and FLOKI at the best rates:
Step 1. Launch Swapzone on your browser.
Step 2. In the “select pair ” tab choose the kind of crypto and amount that you wish to exchange.
Step 3. In the “get up to” section, ensure that you select Kishu or FLOKI crypto.
Step 4. Ensure that you enter the correct details in the respective tabs. Once you do so, you will be able to see different FLOKI or KISHU exchange offers displayed on Swapzone.
Step 5. Go through the different offers and select the one that you desire. Simply choose it and then click on “exchange”.
Step 6. Key in your wallet details. Enter them and ensure that they are correct. Once you’re done, click on “proceed to exchange”.
Step 7. Wait for the transaction to complete.
Step 8. Please, rate the exchange partner and leave behind an honest review. That’s it.