K9 Finance

Halal Rating :
Comfortable
Last Price $0.0000036 Last updated:
Rank 1904
1D Change 1.71 %
Market Cap $1.45m
Circulating supply 402,272,229,062
Maximum supply 999,589,999,999
Crypto Overview Crypto Impact

Crypto Overview

Categories
  • DeFi
  • Memes
  • Staking
  • DAO
  • Ethereum Ecosystem
  • Doggone Doggerel
  • Token
  • Liquid Staking Derivatives
  • Shibarium Ecosystem

Overview

K9 Finance is a meme-inspired cryptocurrency built on the Ethereum blockchain. The project aims to combine meme culture with DeFi (Decentralized Finance) functionality, focusing on building a community-driven ecosystem.

Purpose and Utility

The primary stated purpose of K9 Finance is to serve as a governance token for their planned ecosystem and as a medium of exchange within their community. The token currently functions mainly as a tradeable digital asset on decentralized exchanges.

Business Model Analysis

The project's business model centers around community governance and potential future DeFi applications. Currently, the main utility is trading and holding the token. The project maintains transparency through public smart contracts and open communication channels.

Development and Adoption

K9 Finance shows ongoing development activity through their social media channels and community updates. The project maintains active communication with its community through various social platforms. Trading volume and holder statistics indicate an active market for the token.

Token Distribution

The token distribution appears reasonable with no excessive concentration in founder wallets. Smart contract analysis shows no concerning patterns in token movement or distribution.

Crypto Impact

To assign a comfort level investing in K9 Finance from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to K9 Finance.

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