KCS, the native token for tier-1 exchange KuCoin, has dropped -1.5% as price action threatens to fall below the 20DMA despite bullish broader market sentiment – leading some dejected bag-holders asking ‘Is KuCoin going to zero?’.
This comes as KuCoin exchange falls to 41st place in CEX rankings (by 24-hour volume), with less than a billion in spot transactions despite surging volumes across the market….
Read More: Is KuCoin Going to Zero? KCS Drops 1.5% Suddenly as Trending Crypto Gem Hits $675,000 Milestone