Bitcoin Forum

KIN was migrated to Solnana blockchain and also recently got listed on FTX. It is rare for such a small project to get listed on FTX exchange.
Do you think KIN project has evolved and they have a good future ahead. More importantly is KIN a good investment ?
Details:
https://www.coingecko.com/en/coins/kin

It looks like the KIN's case already resolved after KIN already paid the fines for the SEC.
If this project is getting revived again and KIN seems to be another underrated project to get into.
I would like to see this one will be starting to grow again. It has been a long time since the bullrun that happened with KIN. If KIN already solved its main problem with SEC and this could be a good investment for sure. I will try to check it out

Their choice of being into the Solana ecosystem is bullish for me, but it will not make me buy Kin.

If you will check the KIN/BTC pair, still -78% from its all-time high. Kin really in suffer for these past few years.

But for me, KIN is kinda early for now especially they migrated to Solana Ecosystem which Solana is starting to make noise, and it is still early. So, there is still more room for Kin for growth.

if this project could get listed in FTX , i am sure it was good project. its very rare any new project could list in this exchange. FTX was good exchange and have huge trading volume, so it could create hype in market. personally i dont know about this project and maybe it take my attention now. to identify is it good investment or not we must deeply research about its utility , tokenomics and other.

I didn't knew about any such case SEC case against KIN. Can you give more details about that case or if you can provide any link which contains all the details about this case. For me, Having such a cheap coin on FTX means that it can grow many more times but if SEC is after them, then it could be a risky investment. 

I was following KIN ever since it was listed on FTX (as i keep track of coins listed on FTX/ Binance ). The price of KIN went to $0.0005 in few weeks after listing on FTX but then it is dumping badly and now is available at only $0.0002$.  I still not recommend anyone to buy this unless there is some good fundamental news about this coin.

Currently, ranked at 216 base on the market cap? It finds nothing special with this project and likely just to be ignored.
Sorry, but this project won't really give me some interest and courage to invest. Even to look at its price, it was more on the declines, and gonna be more on the negative trend when we are in the bearish season.

For me, I have no hope for this coin/project. It guaranteed nothing in the future, gonna be wise to choose among the top 50 if we want. There are a lot of them that show great market potentials.

KIN is a cryptocurrency platform that provides the tools for projects to develop smoothly and creatively.
KIN has a lot of coins, which makes me feel like garbage projects.
KIN has been sued by the SEC, I don't know if this project solved their problem with the SEC or not?
The advantage of KIN is that it has chosen Solana to develop its project source code. KIN's value is at $ 300 million and will likely increase with the hype of the Solana community.
I will only observe and not invest in this project because I see the potential for low returns. If the capitalization of KIN is around 30 million dollars I would consider going into this project.

I'll always look not only the white paper but also the community, what the communities feedback reaction and perspective about the product, project with good features and whitepaper has nothing to do without the cooperation of the community, sometimes project without clear vision and features got the good spot in the market it is because they've got the support of the community vice versa.

I don't know much about KIN's issue with SEC but as far as I know, KIN is decent project by a solid team. Maybe the SEC trouble made its price decreased for a long time. Moving to Solana to get listed on FTX is nothing special, cause Solana was developed by FTX team. Lately, KIN has made good pumps in terms of price but it's still far from ATH. A little money on KIN is ok, but I don't think you should all-in in such coin with low volume like this.

In my opinion there is nothing special about the KiN project, the growth is very slow, and isolated, if you want to join this project then you have to research in depth about the usability, volume objectives and most importantly the development team whether it is in accordance with what is expected, but  my advice is better to invest in altcoins that are already listed on several exchanges,

I think we should wait for KIN as it is still a good investment.
It may still reach 0.005$ in mid term.

https://i.imgur.com/J8o6Qxk.png


https://www.tradingview.com/chart/KINUSD/ObbJhY0w-Kin-hitting-0-005-at-end-of-2021-bull-run/

I'm a bit bias so I would say it's a good project, as an investor of KIN it's pretty obvious that I believe in the future of the project. The fact it's listed in big exchange, I presume that they are going in the right direction, and soon they will also rise like other projects that started from small until they become one of the against in the market.

KIN used to be a group chatting app that had all sorts of weird groups made up of 50/ 100 people. Those were some weird times. I have no idea why they launched a cryptocurrency and then failed so spectacularly. Despite an already established user base, KIN has never really found traction. The founders have always had a lot of pre-mine.

project like these more often than not are just a method of milking the crypto market by such founders. KIN is in that sweet spot where it isn't really mainstream but still has enough users to form a tight echo-chamber. If enough people buy it, the founders can always keep selling their pre-mine and continue to raise free money. Couple this with the humungous max supply to make it seem cheap, KIN is like the original meme-shitcoin.

Anything is possible but for me I can't give anyone close to me financial advice to invest in kin because I bought the token since 4 years ago on etherdelta till now I see no return on the token and they have been battling with legal case which they just resolved lately, I will definitely wish those who want to invest on it well. But for me I can't make that mistake twice.

Back then it was a junk token and waste investment.
Recently it has been listed on Ftx and it can turn out to be a hidden gem. Also the price of this coins is very low at the moment.

I agree that the community will be an important criterion for judging a good project, and the ability of cryptocurrency is born out of consensus. Community governance tokens will be the next outlet. I believe in this, just like Polkadot. In addition to the security of the relay chain, the concept of community governance will lead the next wave of trends and enthusiasm.

Just by saying it is good project won't make it good, you need to study snd understand the project, concept and utility, if the project will be sustainable long term or it is temporary, the community backing  as well, depending on your interest in the project if you want to get into it for long or short term basis, some project takes a longer time to react to price than others even though they are technically sound, you should take note of this.

And in this argument, I don't value that KIN will be sustainable in the long. Perhaps the case against SEC really took a toll on the project as it plummeted to near 0 if I'm not mistaken, meaning it died. But they keep on reviving it, but with the recent surge of a lot of projects, investors have been long gone with KIN and will rather invest or more hype project or at least the solid one for long term, just saying.

KIN has proved they are legitimate, so their next step now is to improve the project as they had already gain the trust and confidence of the investors.
https://www.dlapiper.com/en/us/insights/publications/2020/10/sec-wins-summary-judgment-that-kin-token-is-a-security/

It's still too early to tell but the development of KIN is quite impressive, maybe next time we will see it in Binance, so we will be late buying it at  cheap price.

KIN in my opinion is a good coin and deserves to be held for the long term, I keep around 50k KIN and I will sell it when I'm profitable, with daily volume above $1 million so I have no doubt that one day KIN will skyrocket and enter the top 100 ranking in coinecko.