KIN Price Prediction 2021 | 2025 | 2030 – Future Forecast For KIN Price

KIN Intro

Token sales have boomed in 2017 and ICOs are becoming an increasingly popular way of fundraising. However, Kik is the first established mainstream company to use this funding model instead of traditional venture capital. The Kik ICO raised nearly $100 million including contributions from a private presale.

Kik included Kin – its own cryptocurrency that will serve as a foundation for a decentralized ecosystem of digital services. Kik was inspired by the recent success of Bitcoin and decided it was the right time to announce their cryptocurrency as a part to integrate blockchain with social media. Kik’s new cryptocurrency allows it to use an internationalized currency for many transactions, which is a revolutionizing step on their part.

Kik founder and CEO Ted Livingston said that “Kik believes that Kin can bring together a broad group of participants to create an open ecosystem of digital services that prioritizes consumer experience and choice”.

Kik aims to use Kin tokens as an incentive for its users and developers and the Kik team will use these coins to drive forth the network. And these coins will actually have monetary value and they will be offered rewards on the app. Developers can earn for creating content and also based on metrics that reward user engagement — such as time-spent within their app or service — to help focus on building things people actually like and use. Users can pay others for providing a live stream and companies could reward users with Kin in exchange for posting about them “or interacting with an experience”. Coins will also be offered for doing small tasks such as watching ads, or by interacting with chatbots created by brands and publishers.

Doge Price Prediction for 2020 – Will Doge Hit $1 in This Year?

The majority of Kin’s rewards are dedicated to content developers as the financial incentive and this is to ensure that they are compensated without relying on advertisements (unlike on YouTube, etc). The Kin’s algorithm will reflect each service provider’s contribution, and the Kin Rewards Engine will issue a daily reward to developers based on a measure of the Kin economy inside of each digital service. The more people use Kin, the more valuable the tokens will become, which means that daily rewards will also increase for the users.

Expanding the Ecosystem to Other Apps

Livingston says that they launched Kinit app to allow brands to pay for users’ attention, making it the first iPhone app globally to get approval by Apple for earning and spending crypto. Combined with Kik users, this development saw Kin get more active users compared to all other Ethereum dApps combined.

Frustrated with the Stellar’s alleged short-term inability to achieve “business scale,” the project shifted course once more in May, and developers announced that they would fork Stellar to launch an independent Kin blockchain, while retaining bidirectional support with Ethereum to capitalize on the latter’s ubiquity and liquidity.

KIN Roadmap for 2020

There is no official roadmap. Kin CTO, Matt D said this about the company’s stance on public roadmaps and lack thereof:

“Roadmap. We do publish a roadmap. We do not publish a detailed one, or one with dates. For example, Ted has said since the beginning that our roadmap is this: (1) build a scalable blockchain, (2) integrate Kin in Kik, and (3) expand Kin beyond Kik. That’s a roadmap that the team committed to, and one that they’ve accomplished. Much more detail than that exists internally, but we refrain from sharing that detail externally because things change so rapidly, and often unexpectedly, when we learn new information, uncover blocks, and realize unforeseen dependencies. We never want to promise something we are not able to deliver with a very high degree of confidence.”

If you would have bet on the right coins this year you could easily have 10xed your capital…

You could even have made as much as 100x which means you could have turned $100 into as much as 10k.
Experts believe this will happen again in 2021, the only question is which coin do you bet on?
My friend and cryptocurrency expert Dirk is personally betting on 3 under-the-radar cryptocurrencies for huge ROI in 2021..
Click here to learn what these coins are (watch till the end of the presentation).

Tron – TRX: Price Forecast for 2021

General Market Movements and Sentiment Shift

The downfall of altcoins that were mainstream media darlings at the start of the year, KIN among them, can be attributed, in part, to novice investors getting scared off once the bear market kicked in with a vengeance. Every resurgence of bitcoin in recent period, was met with the, for the most part, inability of altcoins to rally with it. Reason for that can be rookie investors learning from their mistakes, while smart money that was previously watching from the sidelines has begun to enter into bitcoin.

These entities weren’t about to buy BTC when it was trading at an all-time high, but they’ll take a look now, having missed the boat the first time around. None of them, it seems, are interested in altcoins however, despite the fact that many are trading at a 5x discount. Institutional investors may be cautious, but they’re not foolish.

Captainaltcoin’s KIN Price Prediction 2021

KIN, as the rest of the market, is tied at the hip of bitcoin’s price action. If bitcoin embarks on another bull run, KIN can hope for one as well. Bitcoin usually has a cool-off phase after its mega bull runs and that is when the altcoins take over and have a field day with the bulls, often doubling or tripling their price within days.

With the pandemic breakout, the world was sent into hybernation for couple of mKINhs and it reflected negatively on the cryptocurrencies, sending bitcoin downhill as we witnessed even 40% daily losses. However, situation quickly stabilized and bitcoin as the flagbearer took the crypto market back up. We are in a major bull run since the summer and, if we are listening to the analytics from social media and journalistic desks, we are far away from its local zenith.

What this means for KIN price in 2021?

As long as bitcoin is in the main role and pulling upwards, there is little room for KIN to shine. It will, however, increase its USD denominated value thanks to the overall rise in crypto prices. Nevertheless, KIN to BTC ratio will probably slump, possibly to all-time lows. This means that it is best to keep your funds in bitcoin until it reaches its provisional peak, opening the doors for the altcoin to enter the scene. KIN will NOT be among the top candidates to record big gains, as the money usually flows from bitcoin profits to bluechip altcoins and big cap coins before trickling down to the less known and smaller projects.

This project had to much negative press, to many missed deadlines and failed promises that we don’t see it doing much good in 2021.

The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. 

Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will KIN be among those 5%?

Good probability of that happening.

The Kik company is very balanced in their approach to the 3 most important dimensions of every crypto project: technology development, forging business partnerships and community fostering.

KIN has one major advantage over all other cryptocurrency projects: its parent company KIK has a huge active user group already in place, which is a huge plus for the coin in terms of usage. There are several social media blockchain startups, but none of them have large user bases, or even a working product at this time.

If KIN and Kik manage to build an ecosystem that will combine a rare trait for a crypto project, great user experience on one side and meaningful use of cryptocurrencies on the other, that will be a huge step forward for the whole crypto industry.

While some of the motivation in creating this token was certainly financial, it does seek to work with the gamification aspect that comes with social media. KIN could certainly be on to something, but will need to be more aggressive in spreading to other apps beyond Kik to become extremely successful.

Why will KIN succeed?

So what can make KIN price rise and go up? Well, Kin is designed for the real end users of consumer apps making it one of the least dependent crypto projects on the bitcoin success or failure. Kik and its ecosystem of apps already have a solid user base and KIN fits perfectly for their digital native, young demographics.
Whether it be games, or surveys, or videos, or other tasks we haven’t come up with yet, people getting compensated for their time is what will make Kin a success.

Why will KIN fail?

Perhaps the biggest peril for KIN future is its regulatory status. They ran into trouble with the SEC, which has said most tokens issued in ICOs could be considered investment securities. The SEC isn’t accusing Kik of fraud, Kik CEO Ted Livingston told the Wall Street Journal. Rather, its enforcement division believes Kik failed to register the sale with the SEC and thus didn’t give investors the proper information. KIK decided to go in a legal battle with SEC on this one and the outcome will have a big impact, not only on KIN, but on a lot of other projects as well.

Can KIN reach 10 cents or $1?

Almost impossible. Considering the stupendous total supply of 10 trillion tokens, KIN would need to become a global reserve currency for it to reach this price per token. Much lower figures like 1 or 10 cents are a steep climb, $1 per token is borderline lunacy.


All of this summed up means one thing: KIN might live through couple of orchestrated and, for a regular trader, completely unpredictable pumps but the majority of time will be murky sideways trading with small volume and no significant interest from the market.

Price will heavily depend on what BTC will do and since many analysts think BTC will not be making big moves in this year, it is hard to expect KIN will do them either. The price will probably stagnate and record slow-moving depreciation or appreciation depending on the team activity, potential technological breakthrough or high-level partnership

Market prediction for KIN Price 2021

With the market being completely unpredictable, forecasting the cryptocurrency price is really more of a gamble and luck rather than a data driven guesstimate.

Let’s throw a glance at the eminent publications and personalities, and their predictions regarding the KIN price, which will give us another point of view to consider:

Wallet Investor

Walletinvestor is a popular website that does technical analysis-based price predictions of various cryptocurrencies. According to them, KIN is expected to go down to $0.000002 (yes, that is five zeros) in one year. This price prediction is very bearish pessimistic and it might not fall that much.

Trading Beasts

Trading Beasts also gave a very neutral prediction saying that by 2020 end, KIN might be in between $0.00001 to $0.00002, which is a wide range, so this prediction is given neutrally, without a showcase of any optimism.

Mega Crypto Price

Mega Crypto price predicts that KIN might reach $0.00016 by the end of 2020 and $0.002 by the end of 2023.

Cryptoground

Cryptoground predicts that KIN might reach $0.0001 by the end of 2020. They even added their version of KIN price prediction 2024, where they stated that KIN might reach $0.018 by 2024.

KIN Future: 2023, 2025

KIN Price Prediction 2023

If KIN maintains its relevance in the industry and manages to stay ahead of their competition, it might be worth 10-100x than its hitherto all time high.

KIN Price Prediction 2025

Again, If KIN maintains its relevance in the industry and manages to stay ahead of their competition, it will surely be 100x+ more worth than now.

Realistic KIN Price Prediction

Predicting prices of novel, highly volatile and risky asset classes is a thankless task – best answer is no one knows. Educated guess is that realistic KIN price for the foreseeable future is somewhere between its current price and its all time high.

intelligent crypto
How are  regular people making returns of as much as 27,144% in a year?  By picking the right coin at the right time - click the button to learn more.
Crypto arbitration still works like a charm, if you do it right! Check out Bitsgap, leading crypto arbitrage bot to learn the best way of doing it.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

Tags:

Torsten Hartmann

Torsten Hartmann has been an editor in the CaptainAltcoin team since August 2017. He holds a degree in politics and economics. He gained professional experience as a PR for a local political party before moving to journalism. Since 2017, he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society.

2 Comments
  1. Where were you getting these volume numbers? KIN has had aggregate trading volume of at least $100,000 per day and now consistently between $1M – $2M (Source https://coinmarketcap.com/currencies/kin/ ).

    In addition, KIN is normally traded vs. ETH, so the “less than a satoshi” value has little to no relevance. KIN isn’t heavily traded vs. BTC, so a BTC rise wouldn’t have much effect on it. Conversely, a rise in ETH would buoy the ETH-denominated market at large. This is one of the reasons that it exploded during the rise of late 2017.

  2. Reply
    Sean Michael Nugent December 18, 2020 at 05:58

    any new predictions on this coin now the SEC is over? much appreciated

Leave a reply

CaptainAltcoin
Logo