$KAIA Future of
#KAIA Coin
Currently, KAIA Coin does not have a proper chart available on TradingView.
I wanted to analyze the chart, but after the integration with
#finschia , the price chart itself has been altered.
Let me first explain why I’m interested in continuing to analyze KAIA Coin. I've held
#Klaytn coins for a long time, though only a few tens of thousands. Since I own it, I was planning to conduct ongoing chart analysis, but with the chart now missing, I'll likely have to settle for summarizing only the key points.
Here are some important aspects of KAIA Coin at this moment:
1. There seems to be an effort to create meme coins through the KAIA chain (with some in progress). These activities are currently taking place on Telegram. It appears they aim to conduct the supply and demand within the KAIA chain itself. If successful, this could drive more users to the KAIA chain, potentially boosting its price. Additionally, there are projects like Dokdo Coin that I believe are connected to this effort.
2. There is a connection to the large user bases of Kakao and Line. Each of these messenger services has hundreds of millions of users. However, it’s uncertain whether KAIA can successfully draw in these users.
3. KAIA recently relocated to the UAE as of around August 2024. This move was motivated by a substantial benefit: a “50-year corporate tax exemption.” This makes it an attractive destination for projects like KAIA.
4. Finally, the prospect of listing on Upbit remains. It’s certainly challenging. Klaytn is listed on Upbit Singapore, Thailand, and Indonesia. However, due to various regulations, Klaytn has not been listed domestically in Korea. Could a listing on Upbit drive KAIA's price up? I have some doubts, but I still view it as the final hurdle and remain optimistic.
To wrap up, after waiting this long and with Bitcoin showing signs of an uptrend, I’m hopeful for a significant rise.
In conclusion, a short-term upward trend seems likely.
Follow for ongoing chart analysis!