Why Kendu might be the most slept-on meme right now

I’ve been deep-diving Kendu on Dune for weeks now, and the numbers shocked me. What looked like just another dead meme turned out to be one of the cleanest setups I’ve seen in this space.

TLDR at the end

Here’s why I’m bullish:

On-chain stats

• 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

Distribution & whales

• Old whales are gone → supply got redistributed into thousands of EOAs

• No dev stash, no whale cartel ready to dump the chart

• Broader base of holders = stronger floor and organic stability

Chart structure

• Price action looks exactly like a Wyckoff accumulation

• Pump → dump → long sideways base → float tightening

• Normally this is engineered by market makers, here it happened naturally because the community held

Narrative & culture

• isn’t just a ticker, it’s a cultcoin/brandcoin

• Real-world brands already spinning up: Kendu coffee, Kendu beer, Kendu energy

• The culture gives it stickiness way beyond price speculation

Listings potential

• No insider allocations

• If CEXes want it, they’ll need to buy straight off the market like everyone else

Security

• Fully verified on CertiK Skynet (free community vote, only PEPE managed that before)

• All flagged issues resolved → contract is safe

To me, that combination is rare. Locked supply, organic decentralization, cult-like brand growth, and a chart base that looks textbook Wyckoff. That’s why I’m loading in heavy.

⸻

TLDR: Kendu has 59% of supply untouched for over a year, 77% for 6+ months, HHI score 27, no dev stash, no whale cartel, only ~10% in LPs/CEX wallets. Add in cultcoin branding and CertiK verification and it looks like one of those once-a-cycle setups.

r/KenduInu_Ecosystem

ETH: 0xaa95f26e30001251fb905d264Aa7b00eE9dF6C18

SOL: 2nnrviYJRLcf2bXAxpKTRXzccoDbwaP4vzuGUG75Jo45

BASE: 0xef73611F98DA6E57e0776317957af61B59E09Ed7

CMC: https://coinmarketcap.com/currencies/kendu-inu/