KIN Price Predictions 2023-2031
- KIN Price Prediction 2023 – up to $0.00001294
- KIN Price Prediction 2025 – up to $0.00002740
- KIN Price Prediction 2028 – up to $0.00008499
- KIN Price Prediction 2031 – up to $0.00025759
What’s up with KIN? You need to get your sKIN to be in the game and pay close watch with this Kin Price Prediction as your guide.
KIN Foundation partnered with app creators and game designers to provide a real-world economy to mobile gaming. Their first big partner is none other than Unity, the game development platform. They also excitedly announced their partnership with Simplex so that Kin is now available to be purchased directly through Kin.org.
Simplex is an EU-licensed financial institution providing fiat infrastructure for the cryptocurrency industry – with the goal of making cryptocurrency accessible to everyone. Simplex accepts many payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more.
How much is KIN worth?
Today’s KIN price is $0.000012 with a 24-hour trading volume of $279,227. Kin is up 0.61% in the last 24 hours. The current CoinMarketCap ranking is #560, with a live market cap of $22,522,778. It has a circulating supply of 1,927,205,746,125 KIN coins and a max. supply of 10,000,000,000,000 KIN coins.
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What is KIN?
The KIN coin was released through the Ethereum blockchain. It was created to be the core currency in the ecosystem Kik Messenger. The purpose of Kin is to provide a digital currency for the Kik community. Developers who make apps, games, and stickers on Kik are rewarded in Kin directly by their users. Kin allows Kik users to connect and interact with each other.
KIN is an abbreviation for Kinship, and the aim was to reinforce bonds among the members of the Kik community. Its 2017 ICO raised close to $100 million. However, KIK Messenger was sold to MediaLab in 2019 to keep KIN going during a lawsuit between KIK and the US SEC.
The lawsuit has now been finalized, as reported on October 23rd, 2020. For the next three years, KIN must inform the SEC of every time it plans to sell digital assets. Currently, KIN holds a position of #267 in the crypto market and is currently undergoing recovery from the bearish trend due to the fall of Bitcoin.
KIN is compatible with several wallets like Kinwallet, Exodus, Citowise, and Infinito wallets. It is also listed in exchanges like HitBTC, IDEX, OTCBTC, and COSS and, therefore, a good investment.
How does the KIN Coin work?
With the recent partnership with Simplex, there’s a revised process:
Purchasing Kin is now as easy as a few steps and can be completed in a matter of minutes. Simplex transactions are fast & efficient, with a typical process timing of 10-30 minutes in regular circumstances. They also offer 24/7 customer support to answer questions and help with any technical issues users may encounter.
- Enter your Kin deposit address from your favorite Kin app or preferred wallet that supports the KIN SPL token along with the amount of KIN you would like to purchase.
- Enter your Debit or Credit (VISA & Mastercard accepted) payment information.
- Confirm payment and complete your purchase.
- You’re done – it’s that easy.
This coin works by giving rewards to creators that provide a great experience for users in connection to their engagement with Kin. A model for monetizing software that appealed to users was adopted for the new use cases and thus, created value for the cryptocurrency.
This KIN coin’s blockchain functions independently through a model of federated consensus. A maximum of 10 trillion KIN will ever be produced, and it was created in mass so that every user in the world can adopt KIN conveniently.
KIN allows game creators to embed crypto rewards in their various applications. This allows the game players to get the KIN token whenever they perform some tasks on the platform.
Players can also use these Kin tokens to purchase items within the game. Although this seems to be a norm already, the KIN token can be converted to cash and then withdrawn by players.
Additionally, those who are rewarded with tokens can use them in other games if they want. Creators of multiple games benefit more as they can promote their other games on the platform. Developers are not left out; they also get tokens when using the platform.
KIN Price History
When KIN was launched in September 2017, it made its creators close to $100 million in the first month. However, it received little attention after that, and its all-time high experienced in 2018 was when it was sold at $0.00122572 in January.
However, a KIN price rise was noted right after this event and helped maintain the price between $0.00000592 and $0.00000849. It plummeted at the beginning of 2020 once again when it experienced its all-time low of $0.00000239.
KIN was anticipated with enthusiasm and developed a positive push from the community, hitting an all-time high of $0.001225720000 on Jan 07, 2018 (over 4 years). Kin had an all-time low of $0.000002392015 on Jan 11, 2020 (over 2 years).
Considering the stupendous total supply of 10 trillion tokens, KIN would need to become a global reserve currency for it to reach $1 per token. Much lower figures like 1 or 10 cents are a steep climb, $1 per token is referred to by some analysts as “borderline lunacy.”
Most of the technical indicators reveal a positive market sentiment. For instance, the RSI line on the weekly chart is in the overbought region and rising. Also, the price action is trading above both the 50-day and 200-day moving averages, which are bullish signals. Therefore, we will expect the market to continue its upward trend in the short term.
A bullish scenario is likely If Kin can break out of its current range and continue its upward trend, we expect it to test resistance at $0.00001202.
A bearish scenario is also likely If Kin breaks down from its current range, we expect it to test support at $0.0000116.
KIN New Developments
Kin Ecosystem announced to its users on Twitter about new exciting features. First, the team announced that the Kin Developer Program is now open to all app developers. Second, they also announced the release of Giftery, a network that connects you with your favorite retailers from around the world, allowing you to purchase gift cards with $KIN – compatible with @phantom for easy shopping.
The Developer Program is open to all app developers and provides them with the resources they need to integrate Kin into their apps. The team is also working on making it easier for developers to use Kin by providing more documentation and tutorials.
Giftery is a network that connects you with your favorite retailers from around the world, allowing you to purchase gift cards with $KIN. The team is also working on making it easier for users to shop with Kin by providing more documentation and tutorials.
KIN Technical Analysis
KIN price analysis for December 26, 2022, reveals the market following a complete bearish movement, obtaining massive negative momentum, signifying a decline for the KIN market. The price of KIN has remained negative over the past few hours. Today, the price crashed and went from $0.00000730 to $0.00000710. However, the market started to increase in value soon after, as the cryptocurrency had already gained more value. Moreover, KIN has increased and reached $0.00000735 just before declining to $0.00000726, just shying away from the $0.00000730 mark.
KIN price analysis reveals the market’s volatility following an increasing movement. This means that the price of KIN is becoming more prone to the movement towards either extreme, showing further increasing dynamics. The Bollinger’s band’s upper limit is $0.00001083, which is the strongest resistance for KIN. Conversely, the lower limit of Bollinger’s band is $0.00000666, which acts as the strongest support for KIN.
The KIN/USD price appears to be moving under the price of the Moving Average, signifying a bearish movement. The market’s trend seems to be dominated by bears. The KIN/USD price appears to be moving downwards, illustrating a decreasing market. The market appears to be almost broken, which could trigger a reversal movement; there might still be hope for the bulls yet.
KIN price analysis reveals that the Relative Strength Index (RSI) is 35, showing an undervalued cryptocurrency stock. This means that the cryptocurrency falls under the lower neutral region. Furthermore, the RSI appears to move linearly, indicating a stable market. The equivalence of selling and buying activities causes the RSI score to remain stable.
KIN price analysis reveals the cryptocurrency follows a strong downward trend with much room for further activity on the declining extreme. Moreover, the market’s current condition appears to be following a negative approach. Therefore, we can assume that the bears will start making their moves soon to maintain their control over the market.
KIN Price Predictions by Cryptopolitan
KIN Price Prediction 2023
KIN’s price prediction for 2023 by Cryptopolitan is an overall bullish trend leading to a maximum value of $0.00001294, indicating a significant gain on the current price. We also anticipate a minimum price level of $0.00001041 and an average market KIN coin price of $0.00001072. Their new developments and frequent updates could influence the price levels of the cryptocurrency and enter a bull market. The dynamics for 2023 look far better than the KIN price prediction for 2022.
KIN Price Prediction 2024
KIN is forecasted to attain a maximum price of $0.00001846 based on our KIN price forecasts for 2024 showing huge upside potential. Investors can expect an average price of $0.00001635, with its lowest possible price set at $0.00001581.
KIN Price Prediction 2025
Our KIN price forecast for 2025 anticipates KIN to reach a maximum trading price of $0.00002740 by the end of the year. A minimum price of $0.00002387 and an average forecast price of $0.00002469 are expected. With a higher adoption of blockchain-based applications in the future, KIN could see an enormous increase in price.
KIN Price Prediction 2026
KIN is anticipated to have an overall bullish market based on our KIN price prediction for 2026, making the maximum KIN price equal to $0.00004145 and a minimum price of $0.00003464, respectively. An average market price of $0.00003587 is expected. Crypto volatility and market restrictions are forces that lead to these low prices.
KIN Price Prediction 2027
According to our KIN price prediction for 2027, KIN investors will record a huge KIN price rise, as the cryptocurrency could reach a peak price of $0.00005919. Throughout the year, KIN is assumed to maintain an average price of $0.00005013 and a minimum price of $0.00004833. Due to reduced fees, transparency, security, as well as faster transactions, KIN could witness a surge in price.
KIN Price Prediction 2028
Based on our KIN price prediction for 2028, KIN could trade between a minimum price of $0.00006804 and a maximum price of $0.00008499. The expected average price is $0.00007005. Being one of the best-performing digital coins in the crypto market, there would be a huge demand for the token in the future, leading to a massive increase in price.
KIN Price Prediction 2029
According to our KIN forecast for 2029, KIN will trade at a maximum price of $0.00011698, indicating an increase in the current price of up to a significant degree. The digital coin is expected to maintain an average trading price of $0.00010178 and a minimum price of $0.00009828 throughout the year.
KIN Price Prediction 2030
According to our KIN price prediction forecast for 2030, KIN is predicted to attain a maximum price of $0.00017143. We also anticipate a significant increase in the price support level leading to a minimum price of $0.00014671 and an average market price of $0.00015078.
KIN Price Prediction 2031
KIN is predicted to maintain an overall bullish trend leading to a peak predicted price of $0.00025759 based on our KIN price prediction for 2031. The price indicates a significant increase in the current market price. An average price of $0.00022119 and a minimum price of $0.00021516 is expected. The digital coin has huge potential that could attract many users, influencing these high prices compared to past performance.
KIN Price Predictions by Wallet Investor
The KIN price forecast from WalletInvestor for December 2022 is $0.000020, indicating a 53% rise. The forecaster predicts that by the end of 2025, the coin will have practically little value left and will only be worth $0.0000008.
KIN Price Predictions by Digital Coin Price
The analysts at DigitalCoinPrice believe that the price of KIN will reach $0.000017 in 2022 and that it will eventually surpass $0.00005 at some point in 2029.
KIN Price Predictions by Tech News Leader
According to TechNewsLeader’s price prediction for KIN, the cryptocurrency will cost $0.000025 in a year and $0.000080 in five.
Conclusion
The future of KIN is bright since it is supported by a competent team, a sizable community, and a use case that is gradually being fulfilled. Once KIN is widely used, it may eventually be used for regular transactions. KIN is still a high-risk, high-reward investment until then. To make wise investment choices, investors should monitor the cryptocurrency market and KIN’s advancements. The Kin Foundation is always focusing on expanding Kin’s use cases and broadening its appeal.
Kin has the opportunity to expand due to a large amount of circulating supply, and some price forecasts are not too optimistic. To improve the utility of the token, increased developer partnerships are necessary. A market survivor due to its massive community, KIN has actual value and, therefore, cannot vanish from the crypto market.
Recent integrations of Kin with well-known messaging platforms like Kik could help improve usage and, as a result, its cost. Because it depends so much on the success of the cryptocurrency market, KIN’s future is uncertain. Be sure to employ a good plan if you’re going to invest in KIN. For people with an asymmetric risk profile, this type of investing is not advised. It is still a wise investment, nevertheless, for those with high-risk tolerance and sound financial standing.
FAQs
Is KIN a good investment?
Based on the price predictions of KIN, it can be termed a market survivor. KIN has actual value and, therefore, cannot vanish from the crypto market. According to our investment advice, KIN can give good returns in terms of money.
What does KIN capitalize on?
The market for mobile games is a growing one, and that is what Kin capitalizes on. But it is possible to gain a lot of profit from this asset as it will see a price increase in the future as algorithm data predicts.
Does KIN have good potential?
KIN has partnered with Unity lately, the creators of the popular Pokemon Go game. KIN is owned by Kik, which is a popular messaging app. Therefore KIN has great potential in the future.
How can you help boost KIN?
Investing in KIN shows you’re hoping that this trend doesn’t cease anytime soon and will grow in the future. If it continues, KIN could soon be among the list of best crypto to mine.
Is KIN good for a short-term investment?
KIN might not be a good idea for a short-term investment in a bear market where prices are dropping. Historical data gathered shows KIN might not yield so much profit short term, so investors should proceed with caution and not gamble. The reason is that BTC is going down right now, and when BTC sees a price drop, all crypto sees a price drop. Nevertheless, the KIN price has the potential for profitability when invested in the long term, as seen in the KIN price predictions.
How do I get a KIN token?
There are several ways to get a KIN token, but the most popular way is through gaming. Several app developers have ingrained KIN into their games, and with the reward system. The activities could be as little as simply logging in daily or watching an ad. Whatever it is, players are rewarded with KIN Tokens. You can also purchase KIN at several exchanges like Coinbase and its alternatives.
