News Editor he crypto industry is more than the token buy-and-sell. Although the correction might continue for a few extra months, it makes more sense to actually buy. Consider the following reasons for evaluating your crypto portfolio.
- Most coins will largely be trading at huge discounts
- The sell-off will be painful, but it will not last long.
- Crypto could be a superb long-term investment if you buy the right coins.
- Good crypto projects can’t last long without your support.
Crypto needs community and the flurry of social media to keep the hype up and push for massive adoption. For one, the KuCoin token is set for a boost with its KuCoin Wallet $5000 USDT Giveaway:
Usually, when markets sell-off, you see selling gradually from top to bottom. We saw controlled selling across all assets, all at once. The exchanges wanted to liquidate the longs position and take profits. We know that Omicron triggered FOMO. Or was it YOLO? Futures contracts switched from short to long right before the crash. Almost seems convenient. We quickly noted that this incident has never happened before. So, what’s happening?
Today’s KuCoin Token price is $17.67 USD with a 24-hour trading volume of $7,875,581. KuCoin Token is up 3.11% in the last 24 hours. The current CoinMarketCap ranking is #40, with a live market cap of $1,738,231,778. It has a circulating supply of 98,379,861 KCS coins and a max. supply of 170,118,638 KCS coins.
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What is KuCoin?
KuCoin is a digital (crypto) currency exchange renowned for its sleek and user-friendly interface, top-notch security, and trustworthiness. The platform offers numerous trading options to over 8 million customers worldwide. Its service offerings include spot trading, Peer-to-Peer (P2P), futures, staking, lending, and margin trading. KuCoin is Singapore-based and was officially launched in 2017 to create a safe, simple, and globally accessible exchange platform.
KuCoin is widely revered for its early adoption of new tokens and cryptos, especially those that just completed their initial coin offering (ICO), making it possible for users to track their choice assets from the start. Coinranking’s platform is currently ranked as the 7th largest cryptocurrency exchange. Also, KuCoin offers about 450 coin pairs and has a listing of over 300 digital coins, including BTC, ETH, Binance coin, and DOGE. Its market share is 2.52%, and it boasts a strong user base.
The platform can be accessed via the KuCoin mobile app on iOS and Android. In addition, users can also leverage KuCoin’s website as an alternative to the mobile options.
KuCoin is a fast-growing exchange with numerous cryptocurrencies for traders to choose from. The native token of the platform, KuCoin Shares or KCS, has experienced significant growth since its inception. In the past 30 days, KCS’s value has increased by about 60.2%, and within the past 90 days, the token has grown by 212.7%. The predictions above are bullish about the price actions of KCS for the future.
Source: Crypto News
