I’ve been digging into a lot of coins again lately and I honestly think Kendu might be the next x100 play. Not financial advice, just sharing why I’m throwing my own money into it.
First thing that stands out is the supply distribution. Most memecoins moon with way worse concentration. Shiba had over 20% in the top 10 wallets when it broke out. Pepe still had whales holding 12–14%. Kendu is already more decentralized than both, with the top 10 holding around 11.5% and the top 50 below 30%. That means less chance of one whale killing the chart and way more room for organic growth.
Then you’ve got the chart itself. It looks like Wyckoff accumulation, long periods of sideways trading, testing support, low volume, exactly the kind of setup that has preceded major breakouts before. The difference is that the supply health here is actually better than what other meme giants had before their runs.
The missing piece is volume and a big exchange listing. History shows that’s what really lights the fuse. Shiba didn’t move until Binance. Pepe didn’t take off until it started getting exchange attention. If Kendu gets a serious listing or market maker push, with this supply spread, it could easily become the cleanest breakout of this cycle.
I’m bullish because I don’t see many projects that check these boxes right now. Decentralized supply, strong community, and a chart that screams accumulation. In my view this is what an x100 setup looks like before it happens.
Tldr: Kendu has one of the cleanest supply spreads in the space, a chart that looks straight out of Wyckoff accumulation, and a community that won’t stop building. Low volume summer won’t last forever the setup and community for an x100 run is there.
submitted by /u/DaRune_
[link] [comments]
Join The SmashBotAI Telegram Community Now! Get trade alerts, smashable token trade ideas, and more!
https://t.me/smashbotcommunity
Start Trading Now:
SmashBotAI Telegram Bot
Claim Your $SMASH Airdrop Now!