KuCoin Token (KCS) will go bearish soon – Here is why

• KCS is leaving the beardown bargain zone.

• KCS is astatine slightest 2,800% year-over-year. 

• KCS hits a caller all-time precocious of $27.88.

Kucoin token was established backmost successful September 2017 arsenic a token of profit-sharing from the Kucoin exchange. The coin is issued arsenic an ERC-20 token connected the ethereum chain. 

The Kucoin speech was established successful Singapore successful 2013 by Michael Gan – CEO, Top Lan – CTO, Jack Zhu – selling director, Eric Don – COO, Kent LI – operations and attraction Director, John Lee – president of concern operations and Linda Lin – main ineligible consultant. 

The existent terms of KCS ranges betwixt $24.29 and $27.00. It has a regular trading measurement of implicit $60 million. It is ranked successful 72nd spot connected CoinMarketCap. It has a full proviso of implicit 170 million. 

About 80 cardinal (47%) KCS is presently successful circulation. KCS has a marketplace headdress of astir $2.1 billion. It deed an all-time debased astatine $0.3232 connected January 31, 2019. On November 25, 2021, it deed an all-time precocious of $27.88. 

Apart from being a signifier of outgo of dividends, KCS tin besides beryllium utilized arsenic a inferior coin to wage for trading fees connected Kucoin speech platform. Users connected the level tin bask up to 80%. Users tin besides usage KCS to wage for shopping.

Summary 

The kucoin token (KCS) was established successful 2017, astir 4 years aft the kucoin speech level was established (2013). It was established arsenic a inferior coin to stock benefits realised arsenic a dividend.