• KuCoin Token (KCS) is a profit-sharing token that allows traders to draw value from the exchange.
• The current market status of KCS is $8.47 with 24-hour price change of 3.5% down.
• The KCS price prediction for 2023 is bullish with a range between $8.774 and 14.513, and it could reach $25 soon.
What is KuCoin Token (KCS)?
KuCoin Token (KCS) is the native token of KuCoin, which is a profit-sharing token that allows traders to draw value from the exchange. It was established as an ERC-20 token running on the Ethereum network and was supported by most Ethereum wallets. KuCoin has also announced that Empowering KCS will be a priority of KuCoin and will build KCS as a killer product rather than a simple token, which is bound to further diversify the benefits that KCS holders can access. It employs the standard encryption protocol that ensures that user data and data transfers within the system are hidden from other users.
KuCoin Token (KCS) Current Market Status
The current market status of KCS is $8.47 with 24-hour trading volume at $1,867,244, and 24-hour price change of 3.5% down in circulation supply 97,385,672 according to CoinGecko data source. All time high recorded on December 01 2021 was 2883 USDT/KSC pair on CoinGecko platform.
Kucoin Token (KCS) Price Prediction 2023
The chart laid out the descending channel pattern which indicates bearish market trend currently in place for KSC/USDT pair on Tradingview platform with current price 874 USDT/KSC pair as per today’s date 9th February 2023 6:30 PM UTC + 5:30 time zone along with resistance level 1 877 USDT/KSC pair & support level 8494 USDT/KSC pair respectively as per today’s date 9th February 2023 6:30 PM UTC + 5:30 time zone according to Tradingview Data source for this particular cryptocurrency asset class only .
Kucoin Token (KCS) Support & Resistance Levels
From daily time frame we can clearly interpret support & resistance levels for this crypto asset class i e ; resistance level 1 stands at 877 USDT/KSC & support level stands at 8494 USDT/KSC respectively as per today’s date 9th Febuary 2023 6:30 PM UTC + 5:30 Time Zone according to Tradingview Data Source for this particular cryptocurrency asset class only .
In conclusion , our analysis indicate bullish trend in upcoming years for Kucoin Token (Kcs )with price prediction ranging between 8774 USDT – 14513 USDT where it may even reach 25 USTD if market conditions remain favourable during course of next few months or years .