$KNINE Milestone: Supply Validations by Leading Crypto Platforms Confirm Market Presence

June 6, 2024

KNINE, the driving force behind K9 Finance’s liquid staking derivative platform, has taken a giant leap forward in solidifying its place in the crypto world.

The token recently achieved a major milestone: the official verification and integration of its circulating supply on both CoinMarketCap (CMC) and CoinGecko – two of the most reputable and widely used cryptocurrency data platforms.

This dual validation, a significant coup for KNINE, was announced by K9 Finance DAO on X (formerly Twitter) with separate posts for each platform: “Supply Now Verified on @coingecko $KNINE circulating supply API has been accepted and integrated into the Coingecko database” and “Supply Now Verified on CoinMarketCap. $KNINE circulating supply API has been accepted and integrated into the CMC database.”

This verification process, known for its rigor, ensures the accuracy and reliability of KNINE’s circulating supply data. This level of transparency is a critical factor to boost investor confidence, especially in the crypto market where misinformation can be rife. A verified circulating supply allows investors to accurately assess the token’s market capitalization, gauge liquidity, and make well-informed investment decisions.

The implications of this achievement are far-reaching.  The increased visibility on CoinMarketCap and CoinGecko, known for their vast user base and influence, exposes KNINE to a wider audience of potential investors. This exposure, coupled with the enhanced credibility that comes with verified data, is likely to foster trust and attract more serious investors to the KNINE token.

Furthermore, the transparency around the circulating supply builds a strong foundation of trust within the KNINE community, an essential ingredient for the long-term success and adoption of any cryptocurrency. With increased confidence in the token’s legitimacy, KNINE may also find it easier to secure listings on other exchanges, further boosting its liquidity and accessibility.

The significance of this milestone cannot be overstated. It marks a pivotal moment in KNINE’s journey, setting the stage for greater investor engagement, increased market visibility, and enhanced credibility in the competitive crypto landscape. As KNINE continues to innovate in the liquid staking derivative space, this recent achievement serves as a testament to its commitment to transparency and its potential for continued growth and success.

As of 12:58 p.m. ET on Thursday, $KNINE was trading at $0.00003179 with a 24-hour trading volume of $774,578. This represents a 19.62% fall in its price in the last 24 hours, a 17.74% plummet in the past seven days, and a 10.18% decrease in price over the last 30 days. KNINE has a current market cap of $4,335,227 and a circulating supply of 136,365,133,176 KNINE, latest data from CoinMarketCap showed.

Disclaimer: Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice.

The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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