What Is KIN and What Role Does it Play in Cryptocurrecy and Bitcoin Markets?

What Is KIN and What Role Does it Play in Cryptocurrecy and Bitcoin Markets?

Cash is out, and tokens are in. The dawn of the digital market may just be the start of phasing out cash transactions.

Summary:
– KIN is a token distributed by Kik app company.
– It had long been dormant, until recently where it gained more attention due to the bitcoin and cryptocurrency markets.
– KIN announced that it will exist in a dual-asset arrangement.

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Due to a shortage in exchange listings, these tokens have sunk at low prices. Very recently though, it is starting to take center stage again, together with the rise of cryptocurrency and bitcoin markets.

Although it is still a little bit far from its peak prices last December, the market is witnessing the comeback of these tokens and slowly it is regaining its value in the economy.

The future is, of course, uncertain, like everything else in the market. So this rise of KIN is yet to be observed, and soon we will know if will sustain its value in the market or not.

More about KIN in this article – https://www.investing.com/.