During a week filled with wild price fluctuations in the crypto world, KENDU has not only managed to hold its ground but has also gone on to become one of the fastest-growing memecoins in the space.
Over the last week, KENDU has rallied 125%, much to the delight of its supporters, who have formed a dedicated and vocal community at this point.
The project now has 18,141 holders — up 90 since yesterday morning — and is clearly gaining momentum, both in terms of what appears to be a burgeoning market and a stimulating community. Buyer interest has surged, far outpacing any selling pressure, and the $KENDU project is now a real standout in the memecoin sector. Its growth on the $BASE chain is too significant to ignore.
Strong Candles, Strong Confidence
The daily candle charts on $KENDU are drawing a clear picture for technical analysts and traders. The recent daily candles have been “very strong and very green” — that is, they’re showing a lot of buying happening and a lot of upward movement. These bullish patterns have translated directly into price performance — the token is up 63% just in the last 24 hours — with its market cap now hitting $35 million after dipping to $28 million during a minor correction last night.
That kind of fast rebounds from downturns indicates a solid demand and a swelling base of buyers who seem quite eager to pick up the token at these “cheap” prices. It expresses and even increases the confidence we in the space have in the long-term potential of the token of concern.
$KENDU Organic Growth and a Booming Community
Unlike many hype-driven meme tokens, the recent rise of $KENDU seems to be backed by real trading volume and a community that is actually engaged and interested in what the project is doing. Over $752,000 in trading volume has been generated without the help of over-the-top promotions and certainly without any action on the part of trading bots. The better-than-average quality of this volume — described by some observers as “organic and beautiful” — is a sign that KENDU is not a mirage in the way some tokens have proven to be.
$Kendu metrics (the one where we kept going)
-18,141 holders (+90 since yesterday morn!)
-752K organic beautiful volume
-buyer volume much greater than seller volume
-more buyers than sellers ($BASE again crushing massive volume and 2:1 buyers to sellers ratio)
-bonus collage =… pic.twitter.com/baarWDNYrS— TheGDC33🦊🪖 (@TheGDC33) May 16, 2025
Moreover, trading behavior exhibits a robust preference for accumulation. Buying volume consistently exceeds selling volume, with the current buyer-to-seller ratio on the $BASE chain coming in at a very bullish 2:1. This is a reinforcer of momentum being in the bulls’ camp. The number of holders continues to grow with steady, impressive, and seemingly uninterrupted growth. They form what looks very much like a healthy adoption curve. Awareness of the token seems to be part and parcel of this formation.
An increase in holders and the buyer-side trade formation in the memecoin is one of the clearest signs of renewed retail and community interest. This is important because it is the retail and community that can make anything go beyond the hype cycle into something of greater real value.
Looking Ahead: Community Projects and Future Potential
The price movement and trade behavior of $KENDU is but a fraction of the whole. What takes place in dollars and cents on exchanges is only a part of what this community-led, decentralized token is all about. It is an eco-system where the creatives and the devs work hand-in-hand, and a next-level organization where the holders are also part of the plot. This is all very fuzzy and not the sort of thing you can put in a PowerPoint or trade in on an exchange, but if you want to visualize possible future situations, you could overarch shamanic elements and crossed 304tr8 out over the cosmic zone of an underground NFT space.
This concentrated effort on ongoing development and on being transparent propels public sentiment to a high place and adds to the increasing repute of this token as something more substantial than a mere momentary meme.
In an environment where countless memecoins launch and fade within days, $KENDU seems to be doing something else. Not only is it going up, but it also appears to be building out an actual project rather than just riding the wave of price movement. There are some factors not often seen in the crypto space that lend $KENDU a rare combination of staying power and room to grow. These are: 1. Price Action 2. Volume 3. Holder Base 4. Development 5. Marketing
As plans advance and enthusiasm grows, $KENDU takes center stage. We now watch to see if it can keep climbing or nearly keep climbing, with its most recent candle close being Bob Ross’s favorite number, in a nearly all-time high. If it can manage that, will it break through to new highs in new territory?
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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