KuCoin (KCS) Price Prediction 2024-2030
Cryptocurrencies can be a big hit and, at the same time, a loss case for many users. As they search for new money-making opportunities, investors and traders scrutinise the forecasted prices for tokens to try to find options and answers to the most frequently asked questions. One such query concerns the KuCoin price prediction. How much will the token be worth by the end of the year? Is it wise to invest in this cryptocurrency for the long term or the short term? Let's find the answers in this KuCoin token price prediction article.
What is KuCoin?
KuCoin is a global cryptocurrency exchange with more than 300 registered cryptocurrencies. It's also known as the "people's exchange" and the home of crypto gems with the lowest trading fees. According to its founders, Eric Tang and Michael Gan, the exchange platform's mission is to facilitate the global free flow of digital value. One out of every four crypto holders around the world uses KuCoin. The platform has a strong customer base of more than 8 million users in more than 200 countries. KuCoin offers 16 languages for communities and supports about 420 projects with 790 trading pairs. CoinMarketCap listed KuCoin as the fifth-largest cryptocurrency exchange in the market.
What is KuCoin (KCS)?
KuCoin (KCS) is the native KuCoin cryptocurrency used to reward existing customers for bringing new users to the system. KCS holders above a specified limit have an additional trading fee discount. They also get a KuCoin dividend called a KuCoin bonus of about 50% of trading fees. New users in this category get a 40% dividend paid to the most traded token during the day.
KuCoin (KCS) was first sold publicly in September 2017, with 200 million KCS up for grabs. The ICO price of one KuCoin token was 0.000055 BTC.
There are three ways to earn the KuCoin (KCS) token:
- With Lucky Raffle, users can buy small prized products from the bucket and wait for the jackpot.
- Futures Brawls is an interesting game that lets users win points and spin the Wheel of Fortune.
- KuCoin token holders can enter the KuCoin Win platform to play games and earn KCS tokens. Everyone who signs into KuCoin becomes an affiliate partner. They can invite other users to join the trading platform. As a result, they can earn 45% of trading fees as a commission when the people they invite start trading.
During the pre-sale held from 15 August 2017 to 17 September 2017, 100 million KCS tokens were sold. In addition to that, each year, 25 million tokens are allocated for sale. The cryptocurrency can be lent out and returned with interest.
KuCoin (KCS) Price Analysis
At the time of writing this KuCoin price prediction article on 12 August 2024, the KuCoin coin price was $7.82. The cryptocurrency ranked 74th in the market ranking. The circulation supply of KuCoin tokens was 95,471,705 KCS tokens, and the maximum supply was 170,118,638 KCS coins. KuCoin had a 24-hour trading volume of $847,711 and a live market cap of $746,534,361.
KuCoin price history
KuCoin has strong fundamentals. Still, it's not likely to be a profitable asset in the short term. The day this KuCoin price prediction for 2022 and beyond was written (12 August 2024), the token saw a decrease of 2.79% in the previous 24 hours. However, the token can still get on par with other cryptocurrencies. In the past seven days, the KuCoin coin price increased by 21.93%.
Over the past month, the token's price dropped by 13.69%. The sudden downturn means the token is in a dip now, which may be a good opportunity for quick trading.
In the past 90 days, KCS's price circulated between a low of $9.34 and a high of $21.98, resulting in an approximate price change of -33.37% during this period. The average price ranged from a minimum of $20.87 to a maximum of $22.45.
KuCoin token is down by 64.4% from the all-time high value of $28.8036 it set on 1 December 2021.
KCS technical analysis
KuCoin (KCS) technical analysis
As of 12 August 2024, the overall sentiment regarding KuCoin Token's price outlook is bearish. Technical analysis suggests that the 200-day Simple Moving Average (SMA) for KuCoin Token is expected to decline in the coming month, potentially reaching $10.33 by 11 September 2024. The short-term 50-day SMA will also fall to $9.46 by the same date. On the resistance side, levels are set at $8.02, $8.20, and $8.29.
KuCoin (KCS) price prediction for 2024, 2025 and 2030
In the past two weeks, cryptocurrency exchanges have seen a significant rise in trading volume for KuCoin Token (KCS), driven by the opening of several new accounts. Such trends suggest a bullish outlook for KCS, with expectations of continued trading activity and potential price growth in the future.
PricePrediction.net KuCoin Price Prediction for 2024, 2025, 2030 and 2040
KuCoin crypto price predictions for the coming years indicate a generally optimistic outlook, with significant growth expected over the next two decades. For 2024, KCS is forecasted to range between $9.18 and $11.18. According to the KuCoin price prediction for 2025, the price of KuCoin could reach between $13.62 and $16.12. By 2030, the price is expected to climb dramatically to between $77.41 and $93.20, reflecting strong market confidence. Long-term predictions for 2040 are even more bullish, with estimates suggesting KCS could trade between $6,363 and $7,511, signalling substantial growth potential if favourable market conditions persist.
Trading Beasts KuCoin Price Prediction for 2024, 2025, 2030 and 2040
Trading Beasts predicts that the price of KuCoin Token (KCS) will see steady growth over the coming years. By the end of 2024, it is expected to reach a minimum of $14.581 and an average of $14.803. In 2025, it could rise to a minimum of $16.12 and an average of around $17.64. Looking further ahead, by 2030, the price of KCS is projected to reach approximately $24.78.
WalletInvestor KuCoin Crypto Price Prediction for 2024, 2025, 2030 and 2040
WalletInvestor predicts that by the end of 2024, the price of KuCoin Token (KCS) could rise to approximately $10.52, marking a 19.45% increase from its current value. As for the KuCoin price prediction for 2025, their analysis suggests continued growth, with the potential for KCS to reach $85.968 by May 2027, indicating significant long-term growth prospects. While predictions for 2030 are less detailed, WalletInvestor anticipates that KCS will maintain its upward trend and see further price appreciation over the next decade.
CoinCodex KuCoin price prediction for 2024, 2025, 2030 and 2040
CoinCodex predicts that KuCoin Token (KCS) could rise to approximately $10.52 by September 2024, reflecting a potential 19.45% increase from its current price of $8.81. Looking ahead to 2025, based on historical price trends and BTC halving cycles, the yearly low for KCS is estimated at $7.84, while the high could reach up to $39.94. For 2030, the price prediction ranges between $22.43 and $52.67.
Gov Capital KuCoin price prediction for 2024, 2025, 2030 and 2040
Gov Capital predicts that the price of KuCoin Token (KCS) could reach around $11.49 in 2024, indicating a modest increase from its current price. By 2025, KCS is expected to rise significantly to approximately $362.50, reflecting bullish solid sentiment. Although specific figures for 2030 are not provided, the long-term trend suggests continued growth, reinforcing the positive outlook for KCS.
KuCoin (KCS) future value predictions in general
KuCoin's (KCS) value is expected to grow. Based on the token's past performance, technical analysis and expert KuCoin price predictions, the token is predicted to increase in value by the end of 2022 and continue to grow in 2023 and beyond.
Always keep in mind that there is a risk in any investment. Do your own research before investing in any cryptocurrency. Conduct as much research as possible, and never invest more than you can afford to lose.
How high can KuCoin go?
Some analysts believe that KCS's price could surpass $100 per token over the long term. The most bullish forecasts see KuCoin's price reaching $600 by the end of the decade.
KCS price prediction today
If we compare KuCoin with other cryptocurrencies, the token seems to be potentially less risky. The near-term outlook is positive, with price predictions suggesting the following potential levels: in 2024, a minimum of $9.18, an average of $9.51, and a maximum of $11.18; in 2025, a minimum of $13.62, an average of $14.10, and a maximum of $16.12; and by 2030, a minimum of $77.41, an average of $79.65, and a maximum of $93.20. Long-term forecasts are even more optimistic, with estimates suggesting KCS could trade between $6,363 and $7,511 by 2040.
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