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KCS Stands Out From Its Competitors and Records 24-Hour Gain

Published 11/18/2023, 07:38 PM
Updated 11/18/2023, 08:45 PM
KCS Stands Out From Its Competitors and Records 24-Hour Gain

  • The price of KCS rose 1.83% over the past 24 hours and was trading at $6.25.

  • KCS’ gain is significant given the fact that the majority of the market dropped during the same period.

  • The MACD indicator on KCS’ daily chart suggested that the altcoin may undergo a bearish trend reversal soon.

KuCoin Token (KCS) saw its price rise by 1.83% throughout the past day of trading, bringing the token’s trading value up to $6.25 according to CoinMarketCap. Although the token’s performance might not seem like such a feat at first, it is pretty significant considering the fact that most of the top 100 tokens saw their prices dip by over 2% in the past 24 hours.

During this time, the price of KCS was able to reach a high of $6.33. The jump in KCS’ price also allowed it to strengthen against the market leader, Bitcoin (BTC), by about 1.99%. Meanwhile, the token’s 24-hour trading volume slipped by just over 4%, which brought its volume down to $2,168,387 at press time.

KCS’ market cap was able to climb to $605,016,709, which ranked it as the 72nd largest cryptocurrency by market capitalization. This placed it right behind Gala (GALA) and just ahead of Mina (MI…

The post KCS Stands Out From Its Competitors and Records 24-Hour Gain appeared first on Coin Edition.

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