Is KuCoin Token (KCS) a good investment?

The People’s Exchange

KuCoin is a TOP 5 exchange which is known for listing crypto gems, has shown great efficiency even on bad days (At one point suffered a serious hack) The CEO responded quickly and a total refund was given to those affected, which speaks highly of the people behind, its ecosystem is constantly growing so it should definitely be on our radar.

About KCS:

KCS is the native token of KuCoin, which was launched back in 2017 as a utility token that allows traders to share the growth benefit of the exchange.

The total supply of KCS was set at 200 million, and there is a planned buyback and burn until just 100 million KCS remain.

Recently the KuCoin team used a part of their holdings which they decided to burn (20M KCS)

At the time of making this post:

Current KCS Circulating Supply: 98,141,682 KCS

Current KCS Total Supply: 145,641,682 KCS

Looking at the above data, I personally think that very interesting things will happen when there be only 100M KCS

Keep in mind that the KuCoin Community Chain (KCC) is developing more and more, so KCS in the near future will have more case uses

1 Out of 4 Crypto Holders Worldwide Is with KuCoin

I want to highlight that KuCoin is a very popular exchange, which offers benefits such as “KCS Bonus” which distributes a daily % of the profits to the holders, so if we observe that in the future the crypto ecosystem continues to grow, the volume of the exchange will increase for which the profits will be bigger and bigger for the holders and the price of KCS will gradually grow

But let’s go to the key point, where the money really is for KCS holders

Spotlight

Basically a kind of launchpad (pre-sales)

In which we can really benefit remarkably, to be able to participate usually from 100 to 160 KCS are requested (Depending on the project)

In AVG the return is x70 (Assuming the ATH of all previous projects launched by this function)

I have personally participated in several of them, with the last project launched at the time of this publication I earned +550 USD that same day

In that case, the distribution of the Tokens was in its entirety, but usually a vesting system is used

BurningDrop

In this option we can make a type of staking (20 days) with USDT, ETH and KCS (Always giving better rewards for KCS staking), the minimum to participate is too low but participation is limited so we must be very attentive to this type of event

If reach to participate you can use the “POL” Token to boost your reward, I have personally participated in several of these events (Usually they also use a vesting system)

In the most remarkable in my case I managed to earn +1500 USDT that same day only by selling 20% ​​of the Tokens provided (Using only 18 USDT in POL to boost my reward)

I really recommend this function a lot, I usually participate with the maximum allowed in KCS and when selling the full of the Tokens I usually have a profit of +200 USD in each of them

LockDrop

This function is very similar to the previous one, here the staking varies from 20 to 30 days and instead of using POL to boost the rewards in this function we will earn POL simply for participating

Here I have only participated in 2 projects and in each of them I have earned more than +100 USDT (Tokens are still arriving since it also has a vesting system)

KuCoin Bonus

By having at least 6 KCS in hold we will receive a % of KuCoin daily earnings

This option is great because we can apply compound interest and literally every day we will have more KCS

Not financial advice, but I really think that KCS has a lot of potential (Too undervalued in these moments) since still have a lot growth margin

Is good to invest in projects with good fundamentals, deflationary system and very scalable, I think that KCS will give a lot to talk about in the near future

My target price: 100 USD

I think at some point we will pass the 200 USD

My recommendation is to set a goal in KCS once you reach it, take profits from spotlights, burndrops, lockdrops and future functions (Diversify in other projects) and if you want to accumulate more KCS you can continue doing it with the KuCoin Bonus profits

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