KuCoin Price Prediction 2025: KCS Faces Downturn Amid Rising DEX Popularity
What's next for the KuCoin Token?
Key Takeaways
- KuCoin’s KCS coin climbed in November 2024 despite facing legal challenges.
- How will the KuCoin Token respond to Alameda Research’s lawsuit?
- Our KuCoin price prediction said KCS could be worth $3.80 in 2025.
The KuCoin Token enjoyed a profitable end of 2023, rising by double digits in the last three months of that year. The crypto celebrated its sixth anniversary by giving away Flare (FLR) tokens. However, the decentralized exchange has not had it all its way.
KuCoin Token’s KCS coin then started 2024, falling a bit in January but regained value in February, topping $10 in the second half of that month.
On March 26, the United States Department of Justice announced that it would charge its founders, Chun Gan and Ke Tang, with breaking anti-money laundering laws.
Fast-forward to November and KuCoin faced another legal challenge. FTX affiliate Alameda Research sued the decentralized exchange for $50 million in locked assets to repay FTX creditors.
On Nov. 15, 2024, KCS was worth about $10.75.
But what is KuCoin Token (KCS)? How does KuCoin Token work? Let’s see what we can find out and also look at some of the KuCoin Token Price Predictions that were being made as of Nov. 15, 2024.
KuCoin Token Price Prediction
Let’s look at the KCS price predictions made by CCN on Nov. 15. 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 | |
|---|---|---|---|
| 2024 | $11.90 | $15.20 | $18.50 |
| 2025 | $3.80 | $4.70 | $5.60 |
| 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 February.
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 $15.20 and $4.70 for the end of 2024 and 2025, 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.
KuCoin Token Price Prediction 2024
The wave count gives a KCS price prediction range of between $11.90 and $18.50 for the end of 2024.
KuCoin Token Price Prediction 2025
The wave count gives a KCS price prediction range of between $3.80 and $5.60 for the end of 2025.
KuCoin Token Price Prediction 2030
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.
KuCoin Token Price Analysis
The daily time frame KCS chart shows a breakout from the $10.40 horizontal resistance area since April. The area is now likely to provide support.
KCS also broke out from an ascending parallel channel, signaling an impulsive movement. The channel’s resistance trend line coincides with the $10.40 area.
If the increase continues, the next resistance will be at $15.30.
The daily time frames of the Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are both increasing, supporting upward movement.
Short-Term KuCoin Token Price Prediction
The KuCoin Token price prediction for the next 24 hours is bullish. The price will likely continue increasing if it does not close below the $10.40 area. The next resistance is at $15.30.
KuCoin Average True Range (ATR): KCS Volatility
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 Nov. 15, 2024, KuCoin’s ATR was 0.384, suggesting relatively low volatility.
KuCoin Relative Strength Index (RSI): Is KCS Overbought or Oversold?
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 Nov. 15, 2024, the KuCoin RSI was at 69, indicating bullish conditions with the danger of KCS being overbought.
CCN Strength Index
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.
- 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
- 25 to 35: The price tends to move within stable bounds with minimal volatility.
- 36 to 49: Assets begin a stable uptrend but without strong surges.
- 50 to 59: Consistent growth with moderate price advances, building momentum.
- 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.
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 Nov. 15, 2024, KuCoin scored 56.7 on the CCN Index, suggesting strong momentum.
KuCoin Price Performance Comparisons
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.
Best Days and Months to Buy KuCoin Token
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 |
KCS Price History
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 (Nov. 8 2024) | $10.56 |
| Last month (Oct. 15, 2024) | $8.59 |
| Three months ago (Aug. 15, 2024) | $8.12 |
| One year ago (Nov. 15, 2023) | $6.21 |
| Five years ago (Nov. 15, 2019) | $1.18 |
| Launch price (Oct. 25, 2017) | $0.7168 |
| All-time high (Dec. 1, 2021) | $28.80 |
| All-time low (Jan. 31, 2019) | $0.3365 |
KuCoin Token Market Cap
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 $1.29 billion, making it the 67th-largest crypto by that metric.
Who are the Founders of KuCoin?
A group of crypto entrepreneurs, led by Chun Gan and Ke Tang, founded KuCoin in 2017. The platform’s own blockchain, the KuCoin Community Chain (KCC), launched in 2021.
Fact Box
| Supply and Distribution | Figures |
|---|---|
| Maximum Supply | 170,118,638 |
| Circulating supply (as of Nov. 15 2024) | 120,257,114 (70.69% of maximum supply) |
From the Whitepaper
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 Token (KCS) Explained
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.
How KuCoin Token Works
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.
Is KuCoin Token a Good Investment?
As always with crypto, you should do your own research before deciding whether or not to invest in KCS.
Will KuCoin Token go up or down?
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.
Should I invest in KuCoin Token?
Before deciding whether to invest in KuCoin Token, you will have to do your own research, not only on KCS, but 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.
FAQs
Will the KuCoin Token reach $100?
According to our price predictions, KCS won’t reach three figures until at least the 2030s, if ever.
What is the KuCoin Token used for?
The KCS coin supports the KuCoin network. People can also buy, sell, and trade it on exchanges.
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