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KCS is leaving the robust purchase zone.
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KCS is at the very least 2,800% year-over-year.
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KCS hits a brand new all-time excessive of $27.88.
Kucoin token was established again in September 2017 as a token of profit-sharing from the Kucoin trade. The coin is issued as an ERC-20 token on the ethereum chain.
The Kucoin trade was established in Singapore in 2013 by Michael Gan – CEO, High Lan – CTO, Jack Zhu – advertising and marketing director, Eric Don – COO, Kent LI – operations and upkeep Director, John Lee – president of enterprise operations and Linda Lin – chief authorized marketing consultant.
The present value of KCS ranges between $24.29 and $27.00. It has a day by day buying and selling quantity of over $60 million. It’s ranked in 72nd place on CoinMarketCap. It has a complete provide of over 170 million.
About 80 million (47%) KCS is at the moment in circulation. KCS has a market cap of about $2.1 billion. It hit an all-time low at $0.3232 on January 31, 2019. On November 25, 2021, it hit an all-time excessive of $27.88.
KCS day by day candlestick chart (Supply: Tradingview)
KCS remains to be sustaining the purchase zone; Can it maintain for therefore lengthy? We must always undoubtedly see extra sell-off within the coming week.
Aside from being a type of fee of dividends, KCS will also be used as a utility coin to pay for buying and selling charges on Kucoin trade platform. Customers on the platform can take pleasure in as much as 80%. Customers can even use KCS to pay for buying.
Abstract
The kucoin token (KCS) was established in 2017, about 4 years after the kucoin trade platform was established (2013). It was established as a utility coin to share advantages realised as a dividend.