# Kishu Inu: Is it the next DOGE or just a Be Played for Suckers scheme?

This Ethereum memecoin launched in 2021 has been trending again these past couple of days. First, let's look at the data: a 4300% increase since launch, a peak price of $0.0000000099, and now hovering around $0.00000000034. It sounds exciting, but the story behind it is a bit outrageous.

**What is the core mechanism?** Holding coins for interest - 2% of each transaction is automatically distributed to all coin holders. Sounds good, but here comes the problem: this thing has a supply of 100 trillion coins, with a price seven decimal places behind. Even if you get a share, it's just a drop in the bucket.

**How many red flags are there?** The original text states bluntly: "Lack of real application scenarios, no competitiveness, and spelling mistakes in the white paper." In other words, it's relying on the NFT market and some vague collaborations (like real estate, Times Square billboards) to maintain hype. This operating model is somewhat similar to notorious pyramid schemes.

**How is the technical aspect?** Currently stuck above the 20-day moving average, with a resistance level at $0.00000000033. The bears are trying to push it lower, and once it breaks below the 50-day moving average at $0.00000000025, it may continue to explore the bottom at $0.00000000017. The bulls need to hold steady to push towards $0.0000000004.

**Investment advice?** This is a real question. Major analytical institutions generally agree: **high-risk speculative asset**. Long-term predictions (by 2033) suggest we might see $0.00000001, and these predictions are quite pessimistic in themselves. If you're just looking to gamble on probabilities, remember one thing: don't invest money you can't afford to lose.

**Final Words:** Kishu has survived to this day thanks to the community and hype, not technology. Its value completely depends on when the next sucker appears. For most retail investors, this is more like a probability game, not an investment.