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About Red Kishu

As mentioned on the website, REDKISHU combines the meme dog KISHU with the color RED. Red is the favorite color of Elon Musk, the absolute father of all meme tokens. REDKISHU is constructed with a clear objective to seek to create and maintain a sustainable and robust meme economy on the Binance Smart Chain (BSC). Besides this, REDKISHU is also about giving back to charitable organizations by seeking to share love and profits. The community picks the charity to donate to and aims to support good causes through democratic procedures. 

REDKISHU is a deflationary token. Deflationary tokens are those whose supply is designed to decrease over time. That is to say, as time passes, the token's circulating supply decreases. The goal is to keep the market from becoming flooded with the token while increasing its value. To decrease the token supply, tokens are burned frequently by sending the tokens to an unusable or invalid wallet. Tokens can never be retrieved back from such wallets, and hence, the tokens are lost forever. 

Furthermore, except for purchases, REDKISHU imposes transaction fees. The fees levied on all non-buy transactions are used to seek to reward and safeguard all REDKISHU holders. Holder incentives can help users aim to earn passive income by holding REDKISHU. Also, 100% of RedKishu liquidity is locked. Liquidity locking is an essential time-based mechanism that limits the token's movement. Hence, tokens can't be relocated or redeemed until the time limit is met once the restriction is in place. The locking of the tokens seeks to provide users more trust in the markets they are involved in because they know the market would exist in some form for at least the next X months. 

Additionally, in the roadmap of this platform, REDKISHU has achieved many of its targets like launching the website, creating social media handles, getting listed on major exchange platforms, doing community contests and giveaways, etc. REDKISHU also seeks to launch Red Kishu Global Merchandise store, Red Kishu NFTs, Red Kishu DApp, and getting listed on centralized exchanges, etc. 

REDKISHU is a community-driven project, and the whitepaper of REDKISHU was released in November 2021.

Market

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Singapore News about Red Kishu

BeInCrypto • May 04, 24

Veteran Analyst Peter Brandt Shares 8 Tips for Aspiring Crypto Traders

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The Block • May 04, 24

The Funding: Ethereum restaking, DePINs, Bitcoin ecosystem and RWA tokenization lead crypto VC trends

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The Block • May 04, 24

Sui creator says crypto’s “ChatGPT moment” coming as protocol celebrates mainnet’s first year

Mysten Labs CEO Evan Cheng waxes optimistically about the future of his blockchain and traditional tech's interest in web3.

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Blockworks • May 04, 24

Funding Roundup: a16z made a $90M bid on Optimism

Ex Revolut executive received $6.5 million from investors to create hybrid exchange x10

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BeInCrypto • May 04, 24

Polygon (MATIC) Price Stuck in Consolidation, But Bull Rally Could Be Near

MATIC price has a shot at breaking out of the persisting consolidation and post a rally provided the investors continue to refrain from selling.The post Polygon (MATIC) Price Stuck in Consolidation, But Bull Rally Could Be Near appeared first on BeInCrypto.

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Unchained • May 04, 24

Hedge Fund MEV Capital Trying to Bring DeFi to the Masses

DeFi-focused hedge fund firm MEV Capital is extending from its institutional roots to make a first-time play for retail investors.  Gytis Trilikauskis, MEV’s chief operating officer and general partner, said the asset manager has incubated Amphor, a new decentralized finance (DeFi) protocol that ...

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Red Kishu is on the rise this week.

The price of Red Kishu has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Red Kishu’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Red Kishu?

We update our Red Kishu to SGD currency in real-time. Get the live price of Red Kishu on Coinbase.

What other assets are similar to Red Kishu?

Assets that have a similar market cap to Red Kishu include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Red Kishu on Coinbase?

Yes, Red Kishu is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Red Kishu guide.