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      Is the Russia-Ukraine War the Biggest Test for Bitcoin? Market Update

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      Bitcoin ETFs could have the same result as CME group futures launch in 2017

      Bitcoin ETFs could have the same result as CME group futures launch in 2017

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      A trillion dollar tsunami is about to hit Bitcoin

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      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      Crypto markets mirror Wall Street’s fall- Loses 100 billion in 24 hours and Delta Plus Variant creates extreme fear

      On-chain shows Divergence against Bearish Price-Action, But Bitcoin continues to stay in the Re-Accumulation Phase

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      KIN token gained 20% & jumped 10th positions following wallet launch

      Ramaa Mohan by Ramaa Mohan
      March 2, 2021
      in Crypto Market, News
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      KIN gains 20%
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      Months after Kik got on the cryptocurrency bandwagon with their native token KIN, the token sees a 20% hike in price.

      KIN made a steady and seemingly deliberate rise to $0.000214 from its previous value of  $0.000177. The climb started around 6 pm UTC. KIN went up by about 10 places in market capitalization because of the same.

      Price of KIN

      When it comes to KIN the market pattern seems to be repeating itself. The token saw a rise in valuation in February followed by a massive dip in the subsequent months.

      Although it is keeping up with its old patterns, the hike comes only a day after Kik released the beta version of its app; Kinit.

      Kinit is Kik’s new storage application and wallet that allows users to buy, store and trade their native currency KIN.

      The description that came from Kinit’s mother company Kik shed some more light on their application by releasing the following statement;

      “Kinit is a fun, easy way to earn Kin, a new cryptocurrency made for your digital life. Earning Kin is just like playing a game, only better, because you get rewarded for completing fun daily activities like surveys, quizzes, interactive videos and more.”

      Kinit, like many other projects right now, allows users to win their currency by interacting with a bunch of advertisements. This method of connecting publisher, company and consumer is a very common idea, having left behind older advertising techniques.

      The wallet was released in the late hours of Thursday on the IOS store and it’s android contemporaries.

      Is this a trend we are gearing up for, following the release of their new application or is the token waiting to fall once more? Let us know in the comments section below.

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