KIN runs on the Solana blockchain and has registered 100% gains within a week and a 15% rise in the past 24 hours
The cryptoverse largely remains busy with the top 10 currencies but there are many small caps that could be classified as hidden gems, and you could broadly place KIN under this category. At the moment, there are three cryptocurrencies that have been approved as securities by the US SEC: Bitcoin and Ethereum.
KIN was the subject of a case similar to Ripple’s these days. However, it is past and there are no obstacles to KIN being listed at any exchange. Think about the potential price increase for this small-cap cryptocurrency once it is listed on a major exchange. Smart investors have quickly realised the hidden price potential of KIN, which is why it has risen 100% in a week.
How and where to purchase KIN in the UK & elsewhere
If you’re interested in purchasing KIN you need to create an account with a broker or on an exchange platform. Once you have completed the verification, you can fund your account and buy the token.
We have listed two top platforms where you can easily buy cryptocurrencies.
Avoid using unregulated DEX platforms, as fraud risk is higher.
eToro
eToro offers some of the best multi-asset trading platforms in the world, with the lowest fees and commission rates. Its social copy trading capabilities make it an excellent choice for beginners.
Get KIN today with eToro
Coin Kong Trader
Coin Kong allows for quick buying and selling cryptocurrencies. This is a great choice for those who are new to cryptography. It offers excellent support, transparency and security.
Get KIN today with Coin Kong Trader
What is KIN? And why does it rally?
KIN started out on Ethereum as the native currency for the app KIK Messenger. However, it has since been migrated to the Solana ecosystem. It’s used to pay for and reward messaging apps. It reached a settlement with US SEC, which had brought a case against KIN foundation for selling unregistered securities. KIN is expected to reach a price of $0. 01 very soon as per some experts.
Should i buy KIN today
KIN is a great buy considering its current low price. You could get 2X or 3X returns within the next few months.
The daily chart below for KIN clearly shows that the price has broken out and could easily rise if this trend continues. KIN traded at $0. 00016 at the time of writing.
KIN daily chart. Source: CoinMarketCap
This article is for informational purposes only. It should not be taken as investment or financial advice.