2020 saw meme coins come into the limelight. From Dogecoin to Shiba Inu, meme coins began to pervade the cryptoverse just like memes do on the internet. Although they are popular, most meme coins lack utility. But one meme token that is gradually gaining recognition is aiming to change the status quo. Enter Kiba Inu. What is the Kiba Inu coin, and how is it any different from every other memecoins?
Kiba Inu easily piques the interest of a crypto user because it rhymes with the popular Shiba Inu. But while the latter was created to rival Dogecoin and institute a perfectly decentralized crypto community, Kiba Inu was created for a different purpose.
Kiba Inu is named after the Naruto character, Kiba Inuzika, who is an epitome of loyalty and integrity. In line with the character, Kiba Inu seeks to replicate these qualities of transparency and integrity in the meme coin ecosystem since most meme tokens have no utility and are notorious for being pump-and-dump and rugpull scams. Its sole objective is to integrate utility into meme coins
Kiba Inu features important trading tools such as KibaSwap, a DEX and Kiba Bridge; a bridge unifying two blockchains. Other features are Kiba Tools (comprising Kiba Charts and Kiba Gains), KibaFomo, and Kiba Honeypot Checker.
KibaSwap is a DEX with multichain compatibility that supports Binance Smart Chain and Ethereum blockchain. Kiba bridge, on the other hand, exists to link these two blockchains together. With the bridge, users with wallets in any of the two networks can perform transactions on the other. This way, Kiba Inu supports arbitrage. Arbitrage is a trading strategy that involves the exchange of tokens from one network (or exchange) to another in order to maximize profit.
With these features, Kiba makes itself an encompassing platform for everyone, no matter their trading experience. Amateurs and experts can enjoy easy, precise and seamless transactions.
The circulating supply of Kiba Inu coin is unknown, but its max supply is 1,000,000,000,000 Kiba tokens. As of writing, it had a BSC circulating supply of $29,361,890 and an ETH circulating supply of $28,707,033. Kiba Inu market cap currently sits at $28,839,089.
Like all meme coins, the Kiba Inu token analysis shows volatility. In March, Kiba hit an all-time high of $0.000077. The token is currently worth about $0.000028.
Meme coins are crypto allusions of the meme culture. Most meme coins are extremely volatile and have an unlimited supply since they are driven mainly by popularity. Just like internet memes, they have the tendency to go viral one minute, then fade into oblivion the next.
Meme coins do not particularly have a good reputation as a stable investment. But Kiba Inu token aims to rewrite this narrative. This is why the project’s motto is “Restoring Integrity to the Meme Space.” It currently has over 25,000 holders. It plans to develop its own game, launch 3D NFTs, and also create a DAO governance platform.
Another way it is trying to restore integrity to the meme space is through valuable partnerships. Its website lists partnerships with major sporting organizations including Italian football club, Udinese; European Cricket League; and Alfa Romeo Racing. On April 20, 2021, Bloomberg announced that Kiba Inu has partnered with basketball team, Gonzaga Bulldogs.
April 2021 was a good month for the project. It burned 100 billion KIBA tokens. In the same month, it was listed on Gate.io and BKEX Global. It’s also listed on PancakeSwap, BitMart, MEXC Also, the project has facilitated over $10 million worth of transactions through its unique selling point, the KIBA Swap.
Serious investors that bring the bulk of the funds into the crypto market tend to look out for coins with prospects. They research coins with the real-world value that are most likely to withstand the test of time and yield profit. While meme coins are famous for providing quick turnovers and ‘grass-to-grace’ stories, they don’t always appeal to investors. This is why KIBA Swap was created.
Through KibaSwap, according to its website, “Kiba Inu is restoring integrity to meme coins by building the safeset DEX and Launchpad in the space.” KibaSwap is multichain-operable and helps traders on the Binance Smart Chain and Ethereum networks. Users who use the decentralized exchange are also empowered with the ability to connect their wallets. The swap has several tools like KibaFomo, Honeypot Checker, KibaTools, and KibaReport
KibaFomo is a token tracker that fetches and lists the latest coins on Binance Smart Chain, Ethereum blockchain, Polygon chain, and others. Users can take advantage of this information to buy a coin early before a price rally. The Honeypot Checker is a safety feature that tests the authenticity of smart contracts. It runs a code that alerts the user if a smart contract is actually a “honeypot” or a scam. Kiba Inu also features KibaTools that offers functionalities such as minting new token, token locks, liquidity locks, and ICOs.
Shiba Inu is an Ethereum-based token that has more popularity than Kiba Inu. It was created to rival Dogecoin and has lived up to its purpose. In 2021, Shiba Inu grew by 49,00,000%. Wallet Investor tags Shiba Inu as a better coin, but Kiba Inu comes close as a runner-up. Shiba Inu has also recently entered the NFT space with Shiboshis, a gallery of 10,000 NFTs.
While Dogecoin is known as the first meme token, Shiba Inu like Kiba Inu is redefining memecoin narratives with new projects offering the token real-life utilities.
However, this is not a conclusive opinion as meme coins are subject to perform sporadically. Regardless, deep price predictor WalletInvestor recommends Kiba Inu as a long-term investment based on its analytics.
Kiba Inu can be purchased or swapped on Swapzone. Swapzone lists a wide range of instant cryptocurrency exchange providers through which the user can swap the Kiba token. Kiba Inu can be swapped with more than 700 cryptocurrencies on the platform.
An exchange rate is the rate at which one cryptocurrency can be exchanged for another through a certain crypto exchange provider. Cryptocurrency exchange rates on Swapzone reflect current prices of crypto assets and are updated every 30 seconds for you to keep track of any market changes and fluctuations to profit when buying the dip or going with the best exchange rate and the lowest exchange fees. All cryptocurrency exchange providers have their own rates, which depends on supply and demand, mining rewards, costs and so on. See what else might affect the rate in our article on prices.
There are two types of exchange rates aggregated by Swapzone – fixed rates and floating rates. To receive the exact amount of crypto that is displayed at the beginning of the exchange and shield yourself against the market's volatility, opt for fixed-rate offers. If you're ready to take a risk and receive less or more than the sum displayed, go with floating-rate offers but bear in mind that floating rates may drastically change any second. You can refresh your memory on how to get the best exchange rate here.
Crypto transaction fees may vary depending on the network (Ethereum transaction fees tend to spike during the congestion on the network), your chosen cryptocurrency, an instant exchange provider as well as its transaction processing speed and internal policy. These fees may be relatively low but it’s crucial to know they may be imposed in the first place.
If you want to exchange cryptocurrency with the lowest fees, beware of the offers with a grey-colored “Transaction fees are not included” label displayed under the exchange rate. To avoid having to pay an unexpected amount of fees during the exchange, opt for those that do not have that label. Read our articles to learn more about how to exchange cryptocurrency with the lowest fees and find out which assets have the lowest transaction fees.
Transactions usually take from 5 to 30 minutes to be processed, especially if you choose currencies with speedy networks. However, there are several factors that may affect and slow down the exchange process, i.e. transaction volume, blockchain capacity, network updates, cryptocurrency itself and the capacity or chosen exchange platforms.
The processing may take longer due to the large transaction volume, congestion of the network, blockchain overload and market overload, technical issues or system failures, lack of liquidity or network maintenance.
The transaction may be also stuck if you forget to add a required Extra ID, mistake networks or use the wrong wallet for a chosen crypto asset. If you worry that the exchange processing is taking too long, please, contact us at [email protected] or via our live chat on the landing page.
To exchange, buy, sell or trade cryptocurrency and store your crypto keys safely and securely, you need a crypto wallet. Choosing the best cryptocurrency wallet is a question of preference and need. To learn more, read our guide on how to choose the best cryptocurrency wallet for your needs.
There are several types of wallets for different crypto assets and tasks. Software wallets, or hot storage wallets, are connected to the Internet and come in many forms: Web, Desktop, Mobile or Browser Extensions. If you want to build a large crypto portfolio, you might want to look at multi currency wallets like Exodus, MetaMask, TrustWallet, Atomic or Guarda. If a coin or a token of your choice isn’t available there, you can always opt for a single-currency wallet that is usually designed by the project that launched the asset.
If you take safety and security matters seriously, go for hardware wallets, or cold storage wallets, like Ledger or Trezor, or even paper wallets. We strongly recommend you to do your research before creating a wallet: read the reviews to see what the community thinks, learn about the fees a particular wallet imposes for performing transactions, check out supported currencies and networks and see its security policy.
There are loads of different crypto exchange services, with new platforms emerging every month. Exchange providers differ by supported currencies, liquidity providers, fees, customer support, user interface, level of privacy and anonymity and customer support, which makes it hard for beginners to understand which one to choose. To learn more about what these exchanges offer and how you can assess them, read our guide on how to choose the best exchange platform.
To navigate them through the field full of services, we conduct research and thorough analysis of the market & list both prominent and promising exchange providers, keeping in touch with their teams 24/7. We give you all the necessary data on the offers they provide as well as their brief history, KYC/AML policies, reliability and advantages, while also indicating their downsides so that you don’t have to do that yourself.
Swapzone is an instant non-custodial cryptocurrency exchange aggregator that helps users make an informed choice when exchanging crypto assets. To make this possible, we gather the information on the exchange providers, select the parameters for comparison, aggregate and sort available deals & give an option to make a swap through providers' APIs in the same interface with a common user flow for every exchange. Still have doubts? Here's 9 reasons why you should use Swapzone to exchange crypto.
Learn how to exchange cryptocurrency with the lowest fees or zero fees as well as how to find the best crypto exchange rates and choose the safest cryptocurrency exchange provider.