In a recent episode of “Eye On Your Money,” popular American TV station KUTV, based in Utah, United States, featured the launch of KNINE, Shiba Inu’s partner token, marking significant strides in the crypto market. Cristina Flores’ report highlighted the collaboration between Shiba Inu and K9 Finance DAO, emphasizing the technological innovation introduced to the project.
Coverage of Shiba Inu’s Partnership
Flores underscored Shiba Inu’s groundbreaking partnership with K9 Finance, noting the substantial advancements it brings to the crypto space. She emphasized the successful rollout of KNINE, K9 Finance’s native token, which has seen an impressive surge in price since its launch. KNINE’s price skyrocketed by 40x, indicating a remarkable achievement for the collaboration between Shiba Inu and K9 Finance.
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Reactions from K9 Finance
Reacting to the coverage, Buzz.Shib, the founder of K9 Finance DAO, expressed pride in KNINE’s recognition on a prominent platform like KUTV. He acknowledged the significant impact of the Shiba Inu community, known as #SHIBARMY and the K9 Unit, in driving the project’s success.
The report garnered positive reactions within the K9 and Shiba Inu communities, with Xanders Shib, a K9 Finance advisor, praising the coverage as “amazing.” He lauded the efforts of K9 Finance’s team and community members in contributing to the project’s growth and success.
KNINE Token Sees More Than 700% Surge After Days of Its Launch
Following its launch on March 7, KNINE witnessed an astounding surge in price, reaching an all-time high of $0.0003543 on March 11, representing a remarkable increase of over 700% from its initial value. However, like most cryptocurrencies, KNINE experienced a retracement and is currently trading at $0.0002027, though it has maintained a positive trend over the past seven days.
K9’s Affiliation with Shiba Inu
The successful launch of KNINE can be attributed to its strong affiliation with the Shiba Inu project. As an official partner of the Shiba Inu ecosystem, K9 Finance has appointed key members of the Shiba Inu team as advisors, further solidifying their collaboration. Additionally, K9 Finance garnered support from the Shiba Inu community by pledging to incinerate SHIB tokens through its upcoming liquid staking platform.
Currently, KNINE’s market capitalization stands at $15.41 million, with the number of on-chain addresses holding the token increasing to 5,923 from approximately 5,600 on March 12th.
