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About KOL

King of Legends (KOL) is a cryptocurrency launched in 2022. KOL has a current supply of 1.00Bn with 0 in circulation. The last known price of KOL is 0.052741695453 USD and is 0.000772058269 over the last 24 hours. It is currently trading on active market(s) with $2.95M traded over the last 24 hours. More information can be found at https://kingoflegends.net/.

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KOL Price Statistics
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Updated Apr 20, 2024 3:18 am
King of Legends
Mkt Cap $0
There's nothing here for now
Understanding Meme Coins: Investment Differences, Potential, and Impact on Portfolio Stability
Understanding Meme Coins: Investment Differences, Potential, and Impact on Portfolio Stability
According to PANews, meme coins are primarily driven by community participation and their value is often shaped by social media and market sentiment, as they lack fundamental economic or business applications. For a meme coin to be successful, it needs to create a wide appeal for brand building and community development. Support from influential individuals with large communities also increases the potential success of a meme coin, as seen with Elon Musk's support for DOGE in 2022. Overall, the volatility of meme coins can have a negative impact on the stability of an investment portfolio. Most meme coin investors are individuals who do not set profit targets, meaning they may ultimately achieve negative returns due to high volatility, especially when their portfolio has a significant proportion of meme coins. The Solana blockchain is attractive to meme coins due to its scalability and efficiency. Compared to Ethereum, Solana can process hundreds of transactions per second at a lower cost. In some ways, the meme coin frenzy on Solana can be compared to the ICO era on Ethereum. However, this approach is constantly evolving, and Solana may be more attractive than Ethereum due to lower transaction fees and faster transaction speeds. To discover projects like BOME early on, investors can follow KOL lists on Twitter, meme coin hunters on Solana, participate in online crypto communities, monitor social media trends, explore high-potential presale projects, use crypto market aggregators like CoinMarketCap, CoinGecko, and CoinCodex, and analyze meme coin metrics on platforms like Etherscan and Dune Analytics. The value of meme coins is mainly influenced by social media popularity and support from influential individuals, rather than fundamental financial indicators. Community activities on online platforms like Twitter and Reddit remain hotspots for meme coin promotion and discussion. The meme coin market is primarily driven by individual investors, and due to its unpredictable nature, institutional investors usually avoid investing in meme coins, except for high-risk speculative trades. Although many meme coins initially have little intrinsic value, the development of utility can significantly impact their longevity. Projects that expand their functionality beyond simple transactions and offer services like gaming or NFTs may see greater sustainability.
Mar 27, 2024 2:07 pm

Frequently Asked Questions

  • What is the all-time high price of King of Legends (KOL)?

    The all-time high of KOL was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of King of Legends (KOL) is 0. The current price of KOL is down 0% from its all-time high.

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  • How much King of Legends (KOL) is there in circulation?

    As of , there is currently 0 KOL in circulation. KOL has a maximum supply of 1.00Bn.

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  • What is the market cap of King of Legends (KOL)?

    The current market cap of KOL is 0. It is calculated by multiplying the current supply of KOL by its real-time market price of 0.052741695453.

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  • What is the all-time low price of King of Legends (KOL)?

    The all-time low of KOL was 0 , from which the coin is now up 0%. The all-time low price of King of Legends (KOL) is 0. The current price of KOL is up 0% from its all-time low.

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  • Is King of Legends (KOL) a good investment?

    King of Legends (KOL) has a market capitalization of $0 and is ranked #6554 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze King of Legends (KOL) price trends and patterns to find the best time to purchase KOL.

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