What Is Akita Inu? AKITA Token Price, History & How to Buy

Akita Inu started as a joke. A dog-themed ERC-20 token launched anonymously on February 1, 2021, with 100 trillion tokens, no team allocation, and half the supply shipped directly to Vitalik Buterin's wallet. The idea was simple. Copy the Shiba Inu playbook, slap a different dog breed on it, and let the internet do the rest.

Akita Inu hit an all-time high of $0.00003433 on May 11, 2021. Then Buterin donated his tokens to charity, the price crashed 50% overnight, and the original developers abandoned the project. A community DAO picked up the pieces. Today AKITA trades at roughly $0.00000002, down 99.9% from peak, with a market cap under $2 million.

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What Is Akita Inu (AKITA)?

AKITA is an ERC-20 meme token on Ethereum, launched February 1, 2021. It was modeled after Shiba Inu (SHIB) with one key difference in supply. AKITA's max supply is 100 trillion, one-tenth of SHIB's 1 quadrillion.

At launch, half the supply was locked in a Uniswap liquidity pool with the contract keys burned, making that liquidity permanent. The other 50 trillion tokens were sent to Vitalik Buterin's wallet. The assumption was that Buterin would never sell, making this "the same as burning." That assumption broke on May 12, 2021 when Buterin transferred all his AKITA to the Gitcoin DAO, which converted them to over 4,038 ETH for public goods funding. AKITA dropped 50% in 24 hours.

No transaction taxes or fees are built into the smart contract. Straightforward ERC-20 with burn functionality.

AKITA Price History

A $100 investment at launch would have peaked at roughly $120,000 in May 2021. That same position would be worth about $0.29 today.

Daily trading volume sits between $75,000 and $85,000. For context, a $5,000 order can move the price. Liquidity is thin.

Who Runs AKITA Now? The Akita DAO

The original developers left the project in what the community calls a rug pull. A group of holders organized into the Akita DAO, governed through the HACHI token via Snapshot voting.

The DAO runs a reserve currency protocol on Avalanche (gAKITA token with staking rewards), and has Gitcoin-backed funding committed through March 2027. That funding runway is unusual for a micro-cap meme coin.

The stated mission is transforming AKITA from a meme into a functional token. Progress has been slow, and the market cap reflects that.

AKITA vs. Other Dog Coins

DOGE and SHIB have major exchange listings, celebrity backing, and full development teams. AKITA has a small community DAO. That does not mean it cannot pump on meme momentum, but the structural gap is significant.

How to Buy Akita Inu (AKITA)

Most AKITA liquidity sits on decentralized exchanges. Here are the three ways to buy.

Via Uniswap (most common)

1. Set up MetaMask or another Web3 wallet

2. Buy ETH and transfer it to your wallet

3. Go to app.uniswap.org, connect wallet

4. Paste AKITA contract address. 0x3301ee63fb29f863f2333bd4466acb46cd8323e6

5. Set slippage to 1-2%, enter amount, confirm swap

Ethereum gas fees can run $5-$30 per swap depending on network congestion. Factor this into your position size.

Via Centralized Exchanges

AKITA is listed on MEXC, Gate.io, and Poloniex. MEXC carries the most volume at around $56,000/day on the AKITA/USDT pair. Order books are thin.

Via Phemex OnChain

Phemex OnChain gives traders streamlined access to on-chain tokens without managing DEX interactions directly.

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Storage

Any ERC-20 wallet works. MetaMask, Trust Wallet, or hardware wallets like Ledger. Add AKITA manually using the contract address if it does not appear.

Risks to Know Before Buying

AKITA is a micro-cap meme coin. The risks are real.

The top 10 wallets hold 57.81% of all supply. One whale selling can collapse the price. Daily volume of $80,000 means you cannot exit a large position quickly without heavy slippage. The original team abandoned the project. The DAO is active but small. And there is no functioning product generating demand for the token outside of speculation.

Meme coins can deliver 100x returns in short bursts. They can also go to zero. AKITA has lost 99.9% from its peak and never recovered. Size any position accordingly.

Frequently Asked Questions

What is the AKITA contract address?

0x3301ee63fb29f863f2333bd4466acb46cd8323e6 on Ethereum. Always verify on Etherscan before swapping on a DEX.

Is Akita Inu a good investment?

AKITA is a micro-cap meme coin with thin liquidity and no revenue-generating product. It has lost 99.9% from its all-time high. Meme coins can rally on speculation, but the risk of permanent loss is high.

What is the difference between Akita Inu and Shiba Inu?

Both are dog-themed ERC-20 tokens. SHIB has a $4B+ market cap, its own L2 chain (Shibarium), and a DEX. AKITA has a $1.5M market cap and a community DAO. Same origin story, different weight classes.

Where can I buy AKITA?

Uniswap (Ethereum DEX) has the most liquidity. MEXC, Gate.io, and Poloniex list it on centralized exchanges. Phemex OnChain offers on-chain token access through a familiar exchange interface.

Bottom Line

AKITA peaked during the 2021 dog coin frenzy and has spent four years declining. The community DAO kept it alive, and Gitcoin funding runs through 2027. But $1.5 million market cap, $80,000 daily volume, and no product beyond governance puts this firmly in the speculative micro-cap category.

If you trade AKITA, you are trading meme momentum. Not fundamentals. Size accordingly.

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This article is for informational purposes only and does not constitute financial or investment advice. Meme coins carry extreme volatility, low liquidity, and potential for total loss of capital. Always conduct your own research before making investment decisions.