Akita Inu is a community experiment with a 100% decentralized form based on memes. AKITA Network sent half of its tokens to Ethereum founder Vitalik Buterin, the other half was locked in a Uniswap pool and the keys were burned. Akita Inu is also quite similar to Shiba Inu coin but the codes will be different.
Akita Inu's core purpose is to use user interactions at the communication platform, in a decentralized form with absolute anonymity.
Currently, on the AKITA market there is a total supply of 100,000,000,000,000,000, which has been split into 2 parts, 50% of the supply has been sent to Vitalik Buterin's wallet and the remaining 50% is locked in a Uniswap pool. In addition, the private key is also removed to ensure the decentralization of this project.
In particular, there are more than 35,000 people on Etherscan holding this cryptocurrency, this number has been growing at an extremely fast rate.
AKITA is a decentralized meme coin and is inspired by Dogecoin. Initially, this AKITA cryptocurrency was created for the purpose of entertainment of the community, then it became a real cryptocurrency on the market. AKITA developed and was named a “brother” of Dogecoin.
In general, the development of Akita Inu can be seen thanks to:
Community
Akita Inu thrived thanks in large part to the community. Accordingly, this coin is one of the new experiments in the decentralized community. There are no team and founder tokens. The main purpose set by this group is to allocate the skills of the community directly to the appropriate role of the development of the ATIKA coin, while also coming to a consensus on AKITA's decisions for the future.
Based on meme
Meme is similar to cryptocurrency when it was born on the Internet, it has grown from nothing to becoming a mainstream. They are used to promote adoption of cryptocurrencies, as well as signal a decrease or increase in price for certain assets or cryptocurrencies.
Based on trust
The AKITA token until now has locked 50% of the total Uniswap supply, and will burn the remaining 50% for Vitalik Buterin. The Akita Inu development team believes that everyone should own AKITA equally and no team tokens. Everyone has to buy AKITA tokens on the open market, which means developers won't be able to print more AKITA tokens on their own.
The exchanges that have listed the AKITA token include some large and reputable exchanges such as Uniswap, OKX, Gate.io...
AKITA is a token designed according to Ethereum's ERC-20 standard, so ERC-20-enabled wallets can store AKITA. Accordingly, users can completely store in wallets on the market today such as MetaMask, Trust, Ledger wallets ...
If you are a regular trader, the AKITA token can also be stored directly on the e-wallets of the exchanges. However, if you want to invest for a long time and do not need to trade often, you should use a separate wallet like TraderH4 listed above.
Akita Inu is one of the similar platforms to Shiba Inu. The AKITA token stated that half of the tokens went to Vitalik Buterin and the other half was locked into a Uniswap pool as well as the private keys burned. AKITA can be considered a coin inspired by Dogecoin and Elon Musk.
At the time of writing, the price of AKITA has increased more than 100 times in less than 4 days. At this point, investing in AKITA will be quite risky, but the upside potential is not over if the FOMO community is strong.
Investing always comes with risks and so does AKITA, TraderH4 advises you not to invest more than you can lose. Please research and consider carefully before investing any money.
The above article is all information about the Akita Inu project and the AKITA token that TraderH4 has provided. As one of the coins similar to Dogecoin and Shiba Inu, they are both coins with a very large total supply to date. Hopefully the article has helped you better understand the Akita Inu project and make the right decision whether to invest in AKITA or not. Good luck.
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