Price for today
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0,00000000 BTC 0%
Name: KickToken
Symbol: KICK
Circulating supply: 0 $
Max supply: 0 $
Price: 0 $
Volume 24h: 0 $
Market Cap: 0 $
Percent change 24h: 0 %
KICKICO is a system, combining projects of marketers, investors and provider-providers into a community that lets in each participant to benefit. it is a network-based platform on blockchain, used to host fundraising campaigns, guide, fee and talk them, purchase their tokens thru cryptocurrencies. Its ERC20 Ethereum token, Kick Token, is a virtual foreign money, that's designed to be utilized by undertaking authors for mutual settlements inside KIСKIСO: to pay for the release of their fundraising tasks, to buy numerous attributes for fundraising initiatives, and for other inner processes and payments inside the infrastructure of the KICKICO and KICKONOMY. Kick Tokens are the way to receive additional 10% bonus tokens within the campaigns released at the platform.
KICK is a promising cryptocurrency that holds a lot of potential in the DeFi space. Its ecosystem is continually developing and opening new opportunities for crypto enthusiasts.
On this page, you will be able to swap the KickToken (KICK) cryptocurrency to hundreds of different coins. Before you do that, you can learn about KickToken’s basics, its advantages, and its role in the Kick Ecosystem.
The KickToken cryptocurrency is the native coin of the Kick ecosystem, which is used to serve a wide range of purposes. This blockchain environment consists of many parts, resembling a Lego model of financial products:
The KickToken cryptocurrency was released in late 2017 to support the KickICO platform. However, the system was entirely revamped only recently (June 2021).
The entire KICK crypto supply was swapped for a new version of the token, called KICK v8. As such, the system shifted to a proof-of-stake model, allowing holders to earn rewards with their KICK holdings.
More importantly, the entire supply of KICK was cut by 100 times. For each 100 KICK tokens, a new KICK v8 token was issued and distributed to holders. The rest of the tokens, around 85%, were irrevocably burned and destroyed in the process.
Within the new model, 5% of the KICK tokens needed for transaction fees are burned. This effectively moves KICK into a deflationary model. Thanks to this, KICK will become more scarce over time, and therefore, more valuable.
KickICO was one of the most popular crowdfunding platforms during the 2017-2018 ICO boom. Consequently, the KickToken price skyrocketed at that time, reaching a new all-time high of $0.18.
However, when regulators began banning ICOs all over the world, the price of KICK crashed to a low of $0.000015. But the project slowly picked up the pace in 2020 and is back on track in the 2021 price rally.
Since the relaunch of the KICK exchange, the KickToken price has reached as high as $0.02. What is interesting about the Kick price chart is that it rarely correlates with the BTC or ETH prices. Consequently, savvy traders can use technical analysis and trade KickToken to USD independently from the rest of the market to make considerable profits.
Today, there are 1.5 billion KICK tokens in circulation. This is the number of tokens after the coin burn that took place at the end of June 2021. Before this, there were more than 1.2 trillion, which considerably diluted the value of the KickToken price USD.
The number of tokens in circulation is extremely important, as this is what helps cryptocurrencies be considered as a store of value, For instance, Bitcoin is considered a deflationary currency, because there can only be 21 million coins mined in total (in the year 2140).
After the coin burn, KickToken considerably reduced the maximum supply of the token. What’s more, every time a KICK transaction is executed, 5% of the fees will be irrevocably burned.
Because KickToken’s supply is entirely pre-mined, no more new KICK tokens can be created. As such, the burn feature means that the supply of KICK will ultimately reduce over time, and its value should go up in the process.
The best way to buy KickToken is to swap it. Since the KICK v8 tokens are still fairly recent, no FIAT-to-crypto exchanges have listed them yet. Some choose the native KickEX exchange to convert their altcoins to KICK.
Godex.io is a great option for acquiring KICK. There are multiple reasons why this is the right choice for you:
The KICK cryptocurrency is an ERC-20 token that is mainly used within the Kick Ecosystem. To be more precise, KICK tokens can be used to pay for transaction fees on the KickEX cryptocurrency exchange. Users that pay with KICK receive discounts on trading fees. Furthermore, they can also utilize KICK to vote for new token listings on the exchange.
Another important use case of the KICK cryptocurrency is its role in the KickICO platform. Project developers can pay with KICK to be listed on the crowdfunding platform, and backers pay with KICK to participate in the ICO.
Before the token burn in June 2021, there were 1.2 trillion KICK tokens on the market. However, the team destroyed 85% of this enormous supply and supplied holders with a new version of the token (KICK v8).
Today, there are 1.4 billion KICK tokens in circulation, all of which have been premined. This means that new KICK tokens should not be created, as the maximum supply has already been reached. However, the burn function in the new transaction model should destroy 5% of the tokens required for the transaction fees of the network.
Consequently, the supply of KICK will reduce over time, making it more valuable.
Before you use a KICK exchange, make sure you are aware of the risks that you are incurring. Cryptocurrencies are highly volatile assets, and their price can vary drastically. With that said, Godex provides you with a safe and convenient alternative option if you wish to buy KickToken.
At Godex, we value your privacy. Therefore, we will never ask you to provide your name, address, or any identifying document. Actually, you can use the KICK converter on Godex without even creating an account. Here’s an overview of the exchange procedure:
