Kiba Inu Review: Legit or Scam?

Kiba Inu is a token I found on one of my favorite Reddit groups, crypto moon shots. I used google trends to access the search level of the token within the last 90 days and what I saw motivated me to review Kiba Inu. Google trends result suggested several people are looking for  Kiba Inu coin.

Snapshot Google trends

I say this all the time, the worst thing you can do, as a token reviewer,  is to review a token no one cares about. That’s why I have recently subjected  tokens I review to a several popularity
tests, before I review them.

This Kiba Inu coin review is for you, if you are curious about Kiba Inu, if you are a potential investor getting to know or researching Kiba Inu coin or if you are already a holder (this demography of readers are usually very sensitive. Try to read the review with an open mind). I desire to demystify tokens, especially new or relatively unknown altcoins. Make them more simple and easy for investors to understand and expose the many scam crypto coins masquerading as legitimate investment options. Before we get into reviewing Kiba Inu coin, you and I need to agree on something very important.

“I’m not a banker or a financial expert, I don’t even consider myself a crypto “expert” (whatever that means). I will not be held responsible for your financial decision. Crypto investments, especially meme coin investments are high-risk, high-reward ventures. This review is just a guide, consider it alternative entertainment.”

With that said, let us get into the tissue of the issue.

Kiba Inu’s Website

Kiba Inu’s website is average-looking, in my opinion. There is nothing exceptional about it, no wow factor. Don’t get me wrong, I’m not saying it is a bad website. I like some things about the website like the fact it is SSL secure, dynamic, and optimized for different device viewports. Kiba Inu’s website description begins by telling us about the inspiration behind the Kiba Inu token. According to Kiba Inu’s website.

“$KIBA is inspired by Kiba Inuzuka, one of the main supporting characters of the Naruto anime/manga series. He always has his trusted canine companion, Akamaru, by his side. Kiba Inuzuka is loyal to his comrades and will do anything to protect them. This is the energy the $KIBA token aims to embody – a strong, supportive community that wants to grow together.”

I like the fact that the developers are straight up, subtly telling potential investors it is a meme coin. There’s no beating around the bush with Kiba Inu.

Tokenomics

Kiba Inu’s total supply is 1 trillion. For context, 1,000,000,000,000.  It operates a reflection system where 1% of the 10% tax levied on all transactions (buy and sell) in the Kiba Inu ecosystem, is distributed to holders of the token. The remaining 9% is sent to the marketing wallet. If you skeptical person, you’d question why a massive 9% is sent to the marketing wallet, but if you are optimistic and carefree, that wouldn’t be an issue. The truth is that the 9% marketing tax is both positive and negative, it depends on how you look at it. Positive in the sense that it provides the devs with enough marketing budget to be able to get it across to a large segment of potential investors. Negative in the sense that, it could be a way of enriching the development team without the token running a rug pull.


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Kiba Inu is a multi-chain token as it lives in the Ethereum blockchain and Binance smart chain. This in my opinion is a masterstroke. Tokens like Shiryo Inu, Mononoke Inu, etc are only present in the Ethereum blockchain, which presents a very high barrier to entry for some demography of investors.





If you ever decide to invest in Kiba Inu, know that you are not allowed to sell the token within the first  24 hours of initial purchase. If however, you decided to sell, you super taxed a massive 25% as a way of punishment.

That’s draconian, isn’t it?

Kiba Inu is not just a meme coin, it is a meme coin with utilities. The website introduced Kiba Tools which is a representation of all the utilities Kiba Inu token has. Mind you, Kiba Tools is not available for use yet. According to the website

When holding $KIBA tokens, you will have exclusive full access to our Kiba Tools Suite, which allows for launchpad like services directly within KibaSwap such as minting new tokens, locking liquidity, locking tokens, and raising presales safely before launching 
(Kiba tools functionality is implemented via unicrypt)”  let’s briefly talk about these tools one by one.

Kiba Swap

The Kiba Swap will be the native swapping platform of the Kiba Inu coin. It supports both BSC and Ethereum networks.

Kiba Bridge

The Kiba Bridge will allow holders of Kiba from either chain (BSC or ETH) to switch chains with ease.

Kiba Gains

Kiba Gains will help investors conveniently track their gains with a customized Kiba Gains dashboard,  that allows investors to see their current balance, earned reflections, etc.

Kiba Charts

Kiba Charts is a  utility that will allow for the viewing of chart & transaction data related to any token available on uniswap. This will make users of Kiba Charts not need to patronize other chart platforms like Dextool.io, etc.

Kiba HP checker

Kiba honey port checker will check contracts to ascertain whether it is a honeypot, delayed honeypot or whether they are legitimate tokens. The Kiba HP checker will run a test via code and will alert the user to the above possibilities. This to me is one of the most interesting utilities of Kiba Inu if it eventually gets launched. I understand there are other Honeypot checkers in the market, but no one knows how efficient they are.

Kiba Fomo

Kiba Fomo will allow users to see tokens recently listed on Polygon, Uniswap, BSC, and more.

Lastly, Kiba Inu is audited by Certik. With an 85 security, Certik certifies the contract to be satisfactory. 


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Kiba Inu’s White Paper

Most meme tokens have white papers. While few do not have. Unfortunately, Kiba Inu belongs to the latter category. Personally, this is not a good look, as even the most random coin, put in the effort to have a white paper. I sent the Kiba Inu devs a message, asking them why there’s no white paper for their token. I’m yet to get a reply.

Market Cap and Liquidity Pool

According to poocoin. app and Dextool.io, Kiba Inu’s market cap is $47,464,775. Considering this token just launched a few months back and has less than 8,000 holders, this is an impressive figure. It shows these holders believe heavily in Kiba Inu.

For the ethereum blockchain aspect of  Kiba Inu, the liquidity pool is locked in Uniswap. I could not ascertain the liquidity lock time frame. However, the liquidity pool is estimated to be $2,283,509. With a holders count of about 7,807. This is also healthy. Kiba Inu also has 670.40 BNB valued at $338,222.77 locked liquidity in  Team finance.  This liquidity pool contract expires in February.

For the binance smart chain side of Kiba Inu, the liquidity pool is estimated to be $1,822,536. With 99.7% locked in Legion Network.  Kiba Inu has over 19,500 on the binance smart chain, at the time of writing. With the highest holder, holding only 3.7% of the token. This in my opinion is healthy, as there are little or no whales that could manipulate the market.


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Developers Behind Kiba Inu

The developers of Kiba Inu are undoxed. This would have been a source of concern for many potential investors if the contract had not been renounced. It is important to say that a renounced contract has its disadvantages. Being renounced makes contracts very rigid, which could pose a threat to the sustainability of the project. Being renounced however reduces the chances of the developers running a rug on investors.

What investors are saying about Kiba Inu

Investors are seemingly pleased with Kiba Inu. On Youtube, here are some of their comments.

On Twitter, supposed investors are optimistic about the token, there’s a general belief this token is to explode.

Conclusion

Kiba Inu has massive potentials. With its war chest marketing wallet (if utilized without corruption ) it is only a matter of time, this token will be on everyone’s lips. Kiba Inu just announced a partnership with Udinese Calcio, a top side in Italian football and a formula 1 team too.

Kiba Inu is certik audited. Its contract has been renounced. It has a growing number of investors, it has reduced the barrier to entry by being on the binance smart chain. Kiba Inu just has loads of positives many tokens do not have.  I believe it is legitimate.

Did you enjoy this review? Kindly leave a comment and share it with your family and friends. Also, if you have time, check out other interesting reviews I have done here, you might see that low cap gem that will be your Shiba inu. Thanks for reading.

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1 Comment

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