Crypto News – Ahead of the introduction of its native token, KNINE, official Shiba Inu partner K9 Finance sends a fresh caution to the cryptocurrency community.
Current News on KNINE Crypto: K9 Finance’s Warning and March 8 Token Launch
The creator of the K9 DAO, Buzz.Shib, alerted the cryptocurrency community yesterday via an X post that the Ethereum-based decentralized exchange Uniswap is not yet accepting trades for the native token of the K9 DAO. Although the token has been put on the DEX, he said, the K9 team has stopped trade until March 7, which is when KNINE is supposed to officially launch. Buzz is that if someone tries to buy KNINE before the official launch day, they will get an error notice.
He also outlined the structure his team will follow for the launch of KNINE. The K9 team is reportedly planning to contribute $100,000 in liquidity to Uniswap. Of that amount, $50,000 will go toward KNINE, and the remaining $50,000 will go toward Ethereum. After that, KNINE trading will start on Uniswap. The team will then announce that the tokens have been “unpaused” for trading to the cryptocurrency world via its X and Telegram channels. Buzz also disclosed that the group will be adding a link to the official KNINE contract address and token purchasing page to its website.
11,290 Transactions Made in Just 1 Day
As of today, KNINE has officially launched. The official contract address was shared on the website and X account on Thursday.
KNINE’s trading is currently active, according to data from market monitoring sites like CoinMarketCap. Over $8.57 million has been added to the asset’s market valuation. KNINE is valued at $0.0001779 as of this writing. Decentralized exchanges such as Uniswap and Dodoex.io are well-known for listing the token. Significantly, in just the first day of its launch, KNINE has attracted over 3,500 holders and completed over 11,290 transactions.
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