Kucoin Token (KCS) Shows Green Instead Of Red, Will Price Breach $11?

KCS' price shows strength as the price remains green despite the market's uncertainty.  KCS bounces from the downtrend as the price breaks out of a descending triangle with strong buy volume.

Timeline of Kucoin-token

The cryptocurrency trading platform Kucoin has announced that it is now accepting deposits of Tezos USDT (Tether). The announcement comes after Tether was recently integrated into Tezos, the largest stablecoin in the world by market cap.

KuCoin, the world-leading cryptocurrency exchange, has introduced deposit services for Tezos (XTZ/USD) USDT (Tether), Invezz learned from a press release. This launch is another key milestone for the self-amending, energy-efficient blockchain. In July, Tezos integrated Tether, the biggest stablecoin by market cap. Growing usage year after year Tezos is becoming more popular year after year.

KuCoin (KCS) and The Sandbox (SAND), two cryptocurrencies with high growth potential, are sought after by investors looking for coins that can recover in the fourth quarter of 2018. Before the most recent market dump, KuCoin noticed an increase in demand for its exchange, and this pattern is expected to persist.

–– 22 September 2022 –– KuCoin and Legend Trading's new partnership unlocks deep liquidity, bigger trades, lower transaction costs and a smooth on-ramp experience. Leading cryptocurrency exchange KuCoin and reputed fiat-to-crypto payment service Legend Trading are announcing a powerful new collaboration to increase liquidity, fiat on-ramp capabilities and decrease transaction costs for retail traders buying crypto on exchanges.

London, September 21, 2022 – Today, Pixie – pioneers of a social crypto app with 30,000 daily users and growing – lists its native token PIX on KuCoin, a leading global cryptocurrency trading platform.  The listing of the PIX coin marks the world's first social crypto listing on a cryptocurrency exchange.

KCC, KuCoin Community Chain, together with KuCoin Wallet and Windvane, announced that they would be holding the first Web3 major event – KCC Beowulf, a 7-week interacting activity. KCC Beowulf will be officially launched during the 5th anniversary of KuCoin.

The price of Kucoin Token (KCS) has struggled to hold its key support against Tether (USDT) in recent times after showing a great recovery bounce as it cracks double-digit gains. Bitcoin (BTC) being rejected from a high of $25,200 to a region of $20,000 in the past few days has negatively affected the price of other altcoins, including Kucoin Token (KCS).

Crypto exchange Kucoin recently published a report that provided insight into the cryptocurrency space in India. This survey conducted published information about the new developments in India's blockchain space According to the Cryptoverse Report India, the number of investors in the country was in the range of 115 Million as of June 2022.

KuCoin survey says young investors are facing hurdles. Earlier this week we reported on the same research from KuCoin that stated that a third of India's 115 million crypto users are concerned with regulations.

VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, a leading global cryptocurrency trading platform, will celebrate its 1st anniversary for its mining platform, KuCoin Pool, reaching a new all-time high of 6800P in hashrate.