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Kin Price Prediction 2022-2031: Is KIN a Good Investment?

kin price prediction

KIN Price Predictions 2022-2031

KIN Price Prediction 2022 – up to $0.00001408
KIN Price Prediction 2025 – up to $0.00004550
KIN Price Prediction 2028 – up to $0.00014567
KIN Price Prediction 2031 – up to $0.00028441

KIN Foundation partners 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 for everyone. Simplex accepts many payment methods, including Visa, MasterCard, Apple Pay, SWIFT, SEPA, and more.

The Kin Website will buy modules provided by Simplex, making Kin more accessible for current community members and newcomers to the Kin ecosystem to acquire and spend on their favorite ecosystem applications. Won’t the partnership complicate matters? This article will check the KIN price prediction for 2022 and beyond.

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.

What is KIN?

The KIN coin was released through the Ethereum blockchain. It was created to be the core currency in the ecosystem of Kik Messenger.

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, one of 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. 

  1. 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.
  2. Enter your Debit or Credit (VISA & Mastercard accepted) payment information.
  3. Confirm payment and complete your purchase. 
  4. 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.”

Screenshot 1787
KIN Price History Source: CoinMarketCap

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 movement over the last month has been sideways in a very tight range. The market has been consolidating between $0.0000116 and $0.00001202 with both support and resistance holding for over 2 weeks now. Kin rose to a maximum price of $0.000013 on September 4 but was met with selling pressure and has been consolidating since.

The market is currently in a consolidation phase, and the next move will likely be determined by Bitcoin. If BTC can break out of its current range and continue its upward trend, we expect Kin to follow suit and test resistance at $0.00001202. However, if BTC breaks down from its current range, we expect Kin to test support at $0.0000116.

Kin’s current price is $0.00001201, an uptrend of around 2 percent, and in the last 7 days, the price of Kin has risen by around 1 percent. The price is currently along the 200-day moving average, which has been providing some support in the recent past.

The MACD is currently in a bullish crossover and the RSI is also above 50 which indicates that the market is in an uptrend.

Kin Price Prediction 2022-2031: Is KIN a Good Investment? 1

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 Price Predictions by Cryptopolitan

Kin Price Prediction 2022-2031: Is KIN a Good Investment? 2
Kin Price Prediction 2022-2031: Is KIN a Good Investment? 3

Kin Price Prediction 2022

Our Kin price prediction 2022 suggests KIN could end the year at a low of $0.00001242.If the current bullish momentum prevails, KIN could potentially reach $0.00001300 as the average price, while $0.00001408 is the highest price.

Kin Price Prediction 2023

Our Kin price prediction 2023 could be a good year as KIN can potentially reach $0.00001944 with a maximum value of $0.00002192. The digital currency might retrace and fall to $0.00001879 as the minimum value for the year.

Kin Price Prediction 2024

If KIN manages to maintain its current momentum, our Kin price prediction 2024 is a high of $0.00003278 and $0.00002744 as the average price. The minimum value for KIN in 2024 could be $0.00002647.

Kin Price Prediction 2025

Our Kin price prediction 2025 suggests the coin might surge to a maximum price value of $0.00004550. Kin could also attain an average price value of $0.00004065 and a minimum forecast value of $0.00003956.

Kin Price Prediction 2026

Our Kin price prediction 2026 could be good for KIN as the maximum price is $0.00005734 while the average price forecast is $0.00005850 before the of the year. The digital currency might dip to a minimum price value of $0.00005647 before the end of the year.

Kin Price Prediction 2027

Our Kin price prediction 2027 is bullish as the maximum KIN price is at $0.00010005 while the average forecast value for the year lies at $0.00008836. The digital coin might retrace and fall to a minimum value of $0.00008602 by the end of 2027

Kin Price Prediction 2028

Our Kin price prediction 2028 suggests KIN price might be around a maximum of $0.00014567. The average price value for KIN might be $0.00012591, while the minimum price forecast is $0.00012237.

Kin Price Prediction 2029

Our Kin price prediction 2029 suggests Kin coin might end the year at a maximum value of $0.00020402. The average price forecast is $0.00016761, while the minimum KIN price for the year could potentially reach $0.00016132 by the end of 2029.

Kin Price Prediction 2030

Our Kin price prediction 2030 is bullish, and KIN is expected to potentially attain a maximum value of $0.00026910, while the average forecast value lies at $0.00024355. The coin could also fall to a minimum price of $0.00023517 by the end of 2030

Kin Price Prediction 2031

Our Kin price prediction 2031 is a maximum value of $0.00028441, while the average forecast is $0.00036079. The minimum KIN price for this year could be $0.00041537.

Kin Price Prediction by Wallet Investor

Wallet Investor term KIN as a bad long-term (1-year) investment. They have given a quite bearish KIN price prediction, both long-term and short-term. They say that the Kin coin price is down for long-term investment and their 5-year forecast places it at $0.00000011.

As far as short-term predictions go, they claim that Kin’s price could drop to $0.000001 by the end of 2022.

Kin Price Prediction by Technewsleader

Technewleader is bullish on KIN’s future prices as the website is optimistic that KIN price will continue with the current uptrend and will trade at $0.00002515 by the end of 2022. The kin coin is expected to potentially reach a maximum trading price of $0.00008021 by the end of 2027, while in 2030, the digital asset is anticipated to attain a maximum trading price of $0.00058347.

Kin Price Prediction by Digital Coin Price

Digital Coin Price is another website that is optimistic about KIN’s future price as they have given a quite bullish forecast. According to the website, the Kin coin is expected to reach an average price of $0.0000123 by the end of 2022, which is a significant price change from its current value. Furthermore, they believe that by 2025 KIN might be worth $0.0000518 by the end of 2027, while in 2030, they suggest Kin could potentially attain a maximum price value of $0.000169.

Conclusion

KIN’s future is volatile as it rests largely on the success of the cryptocurrency market. If you’re looking to invest in KIN, be sure to use a sound strategy. This style of investment is not recommended for those who have an asymmetric risk profile. It remains, nevertheless, a good investment for individuals with a high tolerance for risk and a solid financial situation.KIN’s riskiness is accentuated by its speculative nature, as well as the fact that it provides exposure to worldwide technology and an expanding ecosystem.

KIN’s future looks promising as it has a strong team backing it, a large community, and a use case that is slowly being realized. KIN could potentially be used for day-to-day transactions once mass adoption occurs. Until then, KIN remains a high-risk, high-reward investment.

Investors should keep an eye on the cryptocurrency market and KIN’s developments to make informed investment decisions.

The Kin Foundation is constantly working on developing the use cases for Kin and increasing its mass adoption. The recent integrations of Kin with popular messaging apps, such as Kik, should help increase its usage and, consequently, its price.

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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.

Shawn Du'Mmett

Shawn Du'Mmett

Former IT development and consultant, remote team and collaboration expert, PM, CCO, writer, dreamer, idealist looking to collaborate with global teams on a global teal/turquoise organisation. Shawn's dream is working together openly, to get what writers need and want, and to solve biggest global problems. He is building a collaboration system from the start that everyone can own and define, allowing them to work together, to decide how it works and to their highest ideals.

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