Trading volume on Kucoin has gone up recently after dropping to sub $5m through January. We’ve had a number of days now with figures between $10m and $15m and KCS has risen as a consequence. I’d say that the new platform, some great competitions and a better crypto market in general have all helped.
I’ve noticed over the last year that returns on KCS tend to fluctuate between 3 and 5% pa (about 0.01% daily), so that rising and falling trading volumes will make the price rise or fall proportionally with only a small lag.
We’re still a long way from the $50m/day figures Kucoin was getting only as far back as July last year – let alone the $200m/day figures from January 2018. If we could get back to $50m /day then KCS would be priced again around $3-$5.
Might be able to break even then!
​
Hooeyman333on 14. March 2019 at 21:18
I am actually surprised that the price was doubled in just a month. I’ve bought some KCS last month on 0.34 and sell it after a week for 0.44. I was happy that I got some profit but with what’s happening right now, I am ashamed that I didn’t trust the process and didn’t believe in the token as much as you do. In my opinion, KCS is very underrated and I’ll put it on the list of “must hold” token in 2019. It will continue pumping until the released of their Launchpad.
What I like about Kucoin is that there are variety of campaigns, transaction speed got improved and they adapted different types of market orders. It seems like this exchange is going the right way and I’m impressed.
TheK89on 14. March 2019 at 21:18
In the same boat. Well done!
Keep it up KCS.
DianaPollyon 14. March 2019 at 21:18
Bear market is coming to an end, likely to see a 5$ price of KCS in next month. I agree with you no need to complain cause Kucoin exchange is one of the best and ideal exchange platform for me.
TabletBankon 14. March 2019 at 21:18
higher kcs price means fewer kcs gained from rewards, as they calculate it bases on $.
So if the volume goes up by a factor of 1000, but the price stayed the same you would get way more kcs as a reward.
Otoh, if the price went up by a factor of 1000, but the volume stays the same, you would get basically no new kcs, but you could sell what you have accumulated so far at a really good price.
In reallity you want both: high volume, low kcs price while you accimulate and a high kcs price, when you plan to sell.
juliayuanon 14. March 2019 at 21:18
Its not surprising anymore that KCS is now $.70. One of the reasons why I think KCS pump this much is because traders turned again on kucoin because of the kucoin 2.0 and its new features. People is now believing again on the capabilities of the kucoin team and its product. TBH, there are lot of advantages and benefits that you can get on kucoin compared to the other exchanges. Also, the dev team and marketing team improves a lot for the last few months. So might look forward for more pumps for the next days, weeks or months and it might be back on its $20 again.
Trading volume on Kucoin has gone up recently after dropping to sub $5m through January. We’ve had a number of days now with figures between $10m and $15m and KCS has risen as a consequence. I’d say that the new platform, some great competitions and a better crypto market in general have all helped.
I’ve noticed over the last year that returns on KCS tend to fluctuate between 3 and 5% pa (about 0.01% daily), so that rising and falling trading volumes will make the price rise or fall proportionally with only a small lag.
We’re still a long way from the $50m/day figures Kucoin was getting only as far back as July last year – let alone the $200m/day figures from January 2018. If we could get back to $50m /day then KCS would be priced again around $3-$5.
Might be able to break even then!
​
I am actually surprised that the price was doubled in just a month. I’ve bought some KCS last month on 0.34 and sell it after a week for 0.44. I was happy that I got some profit but with what’s happening right now, I am ashamed that I didn’t trust the process and didn’t believe in the token as much as you do. In my opinion, KCS is very underrated and I’ll put it on the list of “must hold” token in 2019. It will continue pumping until the released of their Launchpad.
What I like about Kucoin is that there are variety of campaigns, transaction speed got improved and they adapted different types of market orders. It seems like this exchange is going the right way and I’m impressed.
In the same boat. Well done!
Keep it up KCS.
Bear market is coming to an end, likely to see a 5$ price of KCS in next month. I agree with you no need to complain cause Kucoin exchange is one of the best and ideal exchange platform for me.
higher kcs price means fewer kcs gained from rewards, as they calculate it bases on $.
So if the volume goes up by a factor of 1000, but the price stayed the same you would get way more kcs as a reward.
Otoh, if the price went up by a factor of 1000, but the volume stays the same, you would get basically no new kcs, but you could sell what you have accumulated so far at a really good price.
In reallity you want both: high volume, low kcs price while you accimulate and a high kcs price, when you plan to sell.
Its not surprising anymore that KCS is now $.70. One of the reasons why I think KCS pump this much is because traders turned again on kucoin because of the kucoin 2.0 and its new features. People is now believing again on the capabilities of the kucoin team and its product. TBH, there are lot of advantages and benefits that you can get on kucoin compared to the other exchanges. Also, the dev team and marketing team improves a lot for the last few months. So might look forward for more pumps for the next days, weeks or months and it might be back on its $20 again.