With the volatility in the cryptocurrency markets, is there a promising future in the pricing of KCS? Considering the market price of KCS has dropped by 50% from 2018 to date, are the future predictions positive or negative?
In this article, we will review the market pricing of KCS from now into the future.
What is KCS?
KuCoin Share(KSC) is the standard coin for the KuCoin Exchange Program. KuCoin Exchange Program is a Hong Kong-based international exchange platform that allows the trading of 200+ assets. Its main aim is to be one of the best exchange platforms in the world. In KuCoin Exchange, the KCS holders can trade KSC for popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin. Consequently, all the revenue collected as exchange fees is shared halfway between KCS holders and the KuCoin exchange.
2021 – 2026 KCS Price and Market Statistics
KCS Price Target for 2021
KCS is currently trading at $10.08 with a market cap of $783,108,878 and has been trading at a volume of $11,198,741. Its all-time market high has been $20.17, with an all-time low of $0.342863. According to Digitalcoin, KCS was expected to trade at $20.97 in 2021. They expected KCS to trade at an annual high of $22.93 by November this year. This is 66.13% higher than the price it’s currently trading.
KCS Price Prediction for 2022-2023
According to analysts, in 2022, KCS will have an annual low of $21.66USD and go bullish to a yearly high of $26.49 by November 2022. They also project that come 2023 its price will surge to a high of $33.28.
KuCoin Price Target for 2024 – 2025
In the year 2024, we predict that KCS will be bullish with an average annual percentage change of 148.5% from the current price. The highest trading price will be $41.31, and the lowest is $29.48. This should lead to another bullish run through the whole of 2025 with KCS having an annual low of $35.72 and going bullish to a yearly high of $46.71.
KuCoin price Prediction for 2026 – 2027
The year 2026 should be KuCoin’s best year as we project that its shares will be bullish, with an annual low of $44.01 and an annual high of $50.16. In 2027 KCS will go bullish with lows of $50.02 and highs of $61.57.
Should You Invest in KCS?
The above data is very promising on the future prices and trend of KuCoin Share, but you should note that the Crypto markets are very volatile. Furthermore, many other factors might affect the future prices of Kucoin Share. These might include the stability of the KuCoin Exchange Program, Political aspects, News, Adoption of Cryptocurrencies by governments, among other factors.
However, the above data suggest that KuCoin will be bullish and have negligible bearish moves. Ku Coin will hit an all-time high of $67.83 and trade above $58.13 within a decade. This is an average turnover of 320%- 380%.
In addition to this, KuCoin holders will be earning returns from all the KuCoin Exchange Program transactions. This makes KuCoin a profitable and promising investment to be in the short-term and long-term.