Tiger King (TKING) coin is one of the hottest cryptocurrencies today. It has surged in value by 80% in the last 24 hours, and its trading volume is up a whopping 55% to $11.5 million. Because of the growing momentum behind the coin, an increased number of cryptocurrency investors and traders have been trying to find out all the information they can about it. Handily, this article can help in this regard.
Below, we have provided all the key information you need to know before you invest in Tiger King coin. From what the project is all about and how it works, to our TKING price prediction, simply scroll down to get started.
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First things first, for those of you who want to buy TKING tokens quickly and easily, our team of analysts have listed the best places to buy Tiger King coin in the UK and elsewhere. Check out the section below and see which platform works best for you.
How and where to buy Tiger King crypto online
If you want to buy and sell Tiger King tokens with low fees and reliable service, your best bet is to sign up to one of the cryptocurrency brokers below. While some crypto investors like to use decentralised exchanges (DEXs), we feel crypto brokers offer the best all-around service for the majority of investors and traders.
So, without further ado, here are two of the best platforms to buy, sell, and trade TKING crypto right now:
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
CAPEX.com is an awarded fintech brand, globally recognized for a strong presence in shaping the future of trading. The company focuses on making the markets more accessible & transforming the way people trade online.
What is Tiger King coin (TKING)?
It is a form of cryptocurrency that runs on the Ethereum blockchain (ERC20). More specifically, it is a deflationary meme coin. This means that its supply will become more scarce over time (deflation), and the fundamentals of the coin tap into meme culture (tapping into humourous but superficial trends).
The branding of the project pivots around a central, eponymous theme: 2020 American true-crime documentary, Tiger King: Murder, Mayhem, and Madness. This is immediately obvious when viewing the Tiger King coin website: Joe Exotic (Joseph Maldonado-Passage), the central protagonist of the show, features prominently on the homepage and throughout the website. An audio message from Exotic also embellishes the Tiger King crypto homepage, and he even recorded a message for the TKING community several days ago:
How does TKING coin work?
By using blockchain technology, just like any other cryptocurrency.
In terms of the tokenomics, there was an initial supply of 1 trillion TKING coins, though 35% have now been burnt.
To create deflation, a flat 2% burn rate is applied to every transaction over the Tiger King network, which gradually increases the scarcity of TKING coins and could lead to price accretion in the long term.
In addition, all revenue from the sale of NFTs over TKING is split between tiger rescue funding and Exotic’s legal team who continue to fight to overturn his conviction.
Should I buy TKING coin?
If you believe that TKING coin offers a unique combination of quality branding, a string marketing roadmap, and smart tokenomics, it could be worth buying some.
However, make sure you are cognisant of the volatility and risks that come with investing in cryptocurrency and be aware that these are heightened even further when investing in meme coins. Because of the lack of fundamentals, the price of TKING coin is being driven by market sentiment rather than any conventional driver of value, so its price behaviour will be very unpredictable.
When season 2 of Tiger King drops, the TKING price could go ballistic.
Will Tiger King coin make me rich?
While this is extremely unlikely, stranger things have happened this year already; just look at Dogecoin.
TKING price prediction 2021
Our analysts have conducted extensive research into Tiger King coin and have created a price forecast. While this isn’t definitive, consider using this Tiger King price prediction to inform your investment decisions:
Within 12 months, TKING coin could be worth up to $0.00005 should current trends continue to play out, though there are likely to be plenty of bumps in the road.
Social media coverage of $TKING
Read our crypto news to learn more about Tiger King and other trending cryptocurrencies.
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