Is Asia's Web3 Hidden Ace or a Trap for Retail Investors?
$KAIA has quite a background—it's the product of the merger between the two giants, Pickled Cabbage Kakao and Cherry Blossom LINE, backed by a communication software ecosystem with 250 million users. Its market value of 960 million dollars poses an unlocked risk of a price dump.
In the short term, it's just a 'news coin,' with fluctuations depending on its operations.
In the long term, the potential is huge; if it can attract KakaoTalk and LINE users to Web3, this price might just be the bottom line.
Asian projects traditionally like to make surprise moves to pump prices; avoid contracts with national team backgrounds, as they are more ruthless in cutting retail investors than street dogs! The above analysis is a personal opinion. Want to get more real-time insights? Follow @Crypto余辉 to catch every opportunity in the bull market! 💰🚀
