During Friday’s Market Crash, Kendu Remained Unphased

On Friday, crypto and stocks seen an insane crash, Bitcoin plummeted like 13% in just a 7 hours, Ethereum also dropped 16% in 12 hours. On Friday over $250,000,000 dollars were wiped from the entire crypto market cap.

However, in all this uncertainty and mass fear in the market Kendu only dropped a few million dollars in market cap, which is incredible for a coin in the sitting around 13 million at the time of the market bloodbath. Coins like SPX dropped 40% at a much higher and more stable market cap.

This shows a lot of strength and resilience, it also shows what type of people hold the majority of Kendu tokens… true believers dominate Kendu’s distribution and it is clear for all to see.

Kendu sat unphased during one of the biggest liquidation events in crypto events and it shows incredible strength, this strength will also come to play during upwards price action as well.

The same diamond hands that fortified Kendu’s price on Friday, will be the same ones who will not be selling at 100 million, 1 billion etc, this true belief is not shook.

Thing is this isn’t the only example of Kendu’s die hard community: Kendu is the 2nd coin to ever reach 50k Certik votes(the only other was Pepe), Kendu is the strongest community on Reddit and Stocktwits whilst being one of the strongest on X, Kendu has more Telegram activity than SPX, Mog and Giga over weekly periods.

This is the redistribution that caused Kendu to remain unphased whilst others experienced a free fall:

• 59% of supply hasn’t moved in over a year
• 77% hasn’t moved in over 6 months
• Only ~10% of supply sits in LPs or CEX wallets
• HHI score is 27 → more decentralized than most memes, and even lower concentration than some bluechips

This strength is not random and does not just disappear, it is a sign of things to come, Kendu is going right to the top.

We Don’t Gamble, We Work

r/KenduInu_Ecosystem

ETH: 0xaa95f26e30001251fb905d264Aa7b00eE9dF6C18

SOL: 2nnrviYJRLcf2bXAxpKTRXzccoDbwaP4vzuGUG75Jo45

BASE: 0xef73611F98DA6E57e0776317957af61B59E09Ed7

CG: https://www.coingecko.com/en/coins/kendu-inu
CMC: https://coinmarketcap.com/currencies/kendu-inu/