COLD HARD FACTS
Kendu has been on a downward trend for sometime and while that is concerning to some number of investors and the uninitiated, the community has continued to work, shilling on all socials relentlessly. We have picked up a small portion of new holders in the recent weeks of this trend, sometimes stalling or being stuck in a range. The volume dropped to ‘indefensible’ levels, yet they were fairly consistent across the crypto memecoin boards. I was not worried.
I did NOT like any of it, but I had done enough research prior to buying to anticipate this was likely to happen. If you want to get life changing gains, 70-90% corrections are somehow the norm in this sick and twisted crypto memecoin world. Yes, clearly I love abuse and it must be something I never got enough of from various intimate partners before I settled down with one. I guess another failing in life of mine.
Pic 1 -3 chart (Please note that I have screenshots of all of this data. I think I have never posted here before as my articles revolved around the pics to back up my claims…time to stop avoiding this massive sub)
10/26 4:27pm EST | 10/27 4:27pm EST | 10/28 6:54pm EST |
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922K volume | 1.08 million volume | 926K volume |
14410 – 14415 holders range (bottom was 14395) | 14413 – 14410 holders range (bottom was 14408) | 14410 – 14404 holders range (bottom was 14401) |
Due Diligence
I come to you bearing gifts. The redistribution from whale holders has finally turned around. We are back to growing. And gaining new holders at a much speedier clip. See pic 6 compared to pic 4-Over 70 new holders gained since 6pm EST October 28th to about 6pm today (October 29th). Volume is a really great thing to track. Check pics 1-4. The volume has been hovering around 1 million for the last three days which was a clear signal the reversal had to be coming. I would have shared this sooner, but my normie job was busy and IRL stuff and I can’t keep spoon feeding the reality. We had a volume of 338K (across all DEXs and CEXs) on October 25th. The best and worst part is, I suspect that our volume could be close to 2 million right now and at least 1.5 million, worst being the Kendu Bot is going to be down for another 5 hours and I haven’t been able to stalk the metrics since this morning.
Pic 4
10/29 7:07am EST |
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1.12 million volume |
14402.5 – 14422 range (bottom was 14402.5*) *I have no idea how the Kendu Bot could show half a holder |
You can also check pic 5 to see the 2.36:1 buyers to sellers ratio. Point is the reversal is in. We had a massive rally today peaking around 68%. With the signs the market is giving and ETH making moves we stand a strong chance of continuing this movement.
Pic 5
10/29 8:00pm EST |
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272 buyers to 115 sellers (DexScreener) |
39.37% gain in 24H, 43.5million MC |
New buyers will help to increase the Kendu volume while likely putting some extra change in your pocket. This symbiotic relationship can be a win win for all. With more volume Kendu will be in pole position for more listings and we have the funds to do so in Miazaki’s wallet. You then have a choice to make:
Obviously, I can’t tell you what will happen, but when memecoins pump they really really pump and I think the metrics are screaming we aren’t done yet. What I would hope for is that People take this DD and do some research themselves and get involved. Maybe they will be so enamored with the result we will have some converts to the Kendu Army. You will then join the ranks from our official subreddit:
The goal is to have holders join with conviction who are going to spread this movement to their friends, family, coworkers, healthcare professionals, randoms on the street, etc. That is how we continue to grow, not just in the echo chamber of socials. Our real world products will do some to help us (Kendu Coffee, Kendu Energy drinks, jewelry, etc), but a real movement this cycle is going to require more work from more holders! One way or another see you at the top of Valhalla.
P.S. if you haven’t heard someone tattooed their pecker with Kendu Inu back in late September for the 1 billion Kendu competition ($44K in today’s price). Make a nice comment and I might share the X link…yeah there is video as it is VERY REAL.
P.P.S. volume this afternoon was at 1.57 million and the final pic 7 is current metrics I just pulled. Right before I grabbed metrics some knucklehead (you can’t teach conviction and cycles to everyone) made a sell so even though this post was from yesterday it is still reflective of many of the numbers and the point becomes stronger with another day with strong volume and increasing holders! Now it is night and some not knucklehead made some serious buys.
10/30 4:25pm EST |
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volume 1.13million |
14475 – 14518+/- holders range (bottom was 14464+/-*) *Kendu Bot holder chart Y-axis scales to number of holders gained per the amount of days. When we were gaining hundreds a day it was very hard to tell exact numbers on a 1 day chart as the range between listed numbers was rather large. |
187 Buyers to 84 sellers (DexScreener) |
3.23% gain in 24H, 45.1million MC |
submitted by /u/TheGDC33
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