KuCoin Token (KCS) capped off 2023 with strong performance, gaining double digits in the final quarter of the year. The decentralized exchange also marked its sixth anniversary with a Flare (FLR) token giveaway. However, the path hasn’t been smooth for KuCoin in 2024.
After a brief dip in January, KCS rebounded in February, surpassing $10 by mid-month. The token’s trajectory took a sharp turn on March 26, when the U.S. Department of Justice announced charges against KuCoin’s founders, Chun Gan and Ke Tang, for violating anti-money laundering laws.
In November, the exchange faced another legal challenge as Alameda Research, an FTX affiliate, filed a $50 million lawsuit demanding the return of locked assets to repay FTX creditors. Despite these hurdles, KuCoin launched KuCoin Pay in the new year, a payment system allowing merchants to accept cryptocurrency payments.
As of Jan. 13, 2025, KCS was valued at approximately $10.95. So, what exactly is KuCoin Token, and how does it function? Let’s delve into the details and explore some of the price predictions circulating for KCS.
Let’s look at the KCS price predictions made by CCN on Jan. 13. We will use the wave count method to create our predictions and then add and remove 20% to make the minimum and maximum targets.
Minimum KCS Price Prediction | Average KCS Price Prediction | Maximum KCS Price Prediction | |
---|---|---|---|
2025 | $5.90 | $7.45 | $9 |
2026 | $3.50 | $4.40 | $5.30 |
2030 | $16.80 | $21 | $25.30 |
The most likely wave count suggests that KCS started an A-B-C corrective structure in July. If the count is accurate, wave C could end at $19.68, giving it the same length as wave A. If the waves have the same duration, the target could be reached in July 2025
Afterward, KCS could begin a lengthy downward movement similar to the one after the all-time high.
During these projected upward and downward movements, the wave count gives targets of $7.45 and $4.40 for the end of 2025 and 2026, respectively.
Then, we can use the rate of increase for the past two years to develop a KCS price prediction for the end of 2030.
The price has increased by 32% over the past two years, for a daily rate of 0.044%. Projecting this increase until the end of 2030 leads to a target of $21.
The wave count gives a KCS price prediction range of between $5.90 and $9 for the end of 2025.
The wave count gives a KCS price prediction range of between $3.50 and $5.30 for the end of 2025.
The daily rate of increase for the past two years gives a KCS price prediction of between $16.80 and $26.30 for the end of 2030.
The price of KCS has fallen under a descending resistance trend line since the 2024 high of $13.82.
The downward movement led to a low of $10.18. The price bounced afterward, validating the $10.50 horizontal support area as the Relative Strength Index (RSI) generated a bullish divergence.
Despite the bounce, KCS failed to break out from its descending resistance trend line or the resistance of the ascending parallel channel.
So, a decline to the $10.50 horizontal area is the most likely future outlook.
The KCS price prediction for the next 24 hours is bearish. The price is likely to return to the $10.50 horizontal support area. The reaction, once it gets there, will be key to determining the direction of the future trend.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Jan. 13, 2025, KuCoin’s ATR was 0.49, suggesting relatively low volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 13, 2025, the KuCoin RSI was at 48, indicating neutral conditions with a hint of bearishness.
The CCN Strength Index combines an array of advanced market signals to quantify the strength of individual cryptocurrencies over a recent 30-day period.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.
On Jan. 13, 2025, KuCoin scored 43.9 on the CCN Index, suggesting moderate momentum.
KCS is the native token of the KuCoin exchange, so let’s compare its performance over the last year with that of some similar cryptos.
We examined KuCoin’s price history and found the best and worst times to buy KCS.
Day of the Week | Friday |
Week | 1 |
Month | December |
Quarter | First |
Let’s look at some of the key dates in the KuCoin price history . While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can give us some much-needed context when it comes to either making or interpreting a KCS price prediction.
Time period | KCS Price |
---|---|
Last week (Jan. 6 2025) | $11.20 |
Last month (Dec. 13, 2024) | $13.57 |
Three months ago (Oct. 13, 2024) | $8.17 |
One year ago (Jan. 13, 2024) | $10.03 |
Five years ago (Jan. 13, 2020) | $1.03 |
Launch price (Oct. 25, 2017) | $0.7168 |
All-time high (Dec. 1, 2021) | $28.80 |
All-time low (Jan. 31, 2019) | $0.3365 |
The market capitalization, or market cap, is the sum of the total number of KCS in circulation multiplied by its price.
On Nov. 15, 2024, KuCoin’s market cap was $1.33 billion, making it the 70th-largest crypto by that metric.
Supply | Figures |
---|---|
Maximum Supply | 200,000,000 |
Circulating supply (as of Nov. 15, 2024) | 122,665,482 (61.33% of maximum supply) |
In its technical documentation or whitepaper , KuCoin says it is “high-performance” and public. It adds: “Our purpose is to solve problems such as low performance and high cost of the public chain and provide community users with a faster, more convenient, and less-costly experience.”
KuCoin is a decentralized exchange (DEX). This means that it is a place where people can buy, sell, and trade crypto without answering to a centralized authority. Basically, it is a place where people can choose which cryptos to trade at a price set purely by the market.
The KuCoin Token (KCS) supports the system. Initially based on the Ethereum (ETH) blockchain, it moved to the KCC when that came out.
The KCC blockchain uses a Proof-of-Stake (PoS) consensus mechanism. This means that people add blocks to the blockchain based on how much KCS they hold.
KCS pays for fees on KuCoin. People can also buy, sell, and trade it on exchanges.
Although KCS is now a coin, it is still called the KuCoin Token. Since phrases like KuCoin Token coin price prediction are rather unwieldy, we shall use coin and token interchangeably when talking about KCS.
It is difficult to tell. KuCoin Pay might well attract interest to KCS, but our price forecasts are, at least in the short-and-medium terms, somewhat bearish.
As always with crypto, you should do your own research before deciding whether or not to invest in KCS.
It is hard to say. A drop in the platform’s reserves may be worrying, but, on the other hand, it has been one of the better crypto performers over the last month.
No one can really tell right now. While the KuCoin Token crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before deciding whether to invest in KuCoin Token, you will have to do your own research, not only on KCS but also on other related coins and tokens such as Jupiter (JUP) or DYDX. Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
According to our price predictions, KCS won’t reach three figures until at least the 2030s, if ever.
The KCS coin supports the KuCoin network. People can also buy, sell, and trade it on exchanges.