Why KCS (Kucoin) is the next 10x Alt ๐Ÿš€๐Ÿš€๐Ÿš€ : altcoin

0
116


I’ve been casually involved in crypto since 2017, and Kucoin – the exchange – is perhaps the best all-in-one platform I’ve come across. So what sets it apart from the other behemoths like Coinbase, Gemini, and Binance? To name a few:

Altcoin Gems: They list true “altcoins” from very early on. Coins that are in the 1b market cap range. By the time a coin has hit Coinbase, it’s already a very large, mature project, that offers significantly less upside. You could argue that you can find all these gems on Pancakeswap or Uniswap. See my thoughts at [1].

Advanced Features: Margin trading, futures, and staking. Which other platform gives you access to all of these? If I want to stake, I had to stake on Pancakeswap. If I want margin and futures, I had to go to FTX. We’ve got all of these features in one house now.

Customer Support: Customer support. In order for an exchange to build brand loyalty and also reach mass adoption, we need seamless customer support. In my experience, Binance support is non existent. And Coinbase support is questionable.

So why the 10x? At the time of this post, KCS is sitting at a paltry 1b market cap! When fully diluted, 2.2b. A 10x and it still wouldn’t be a top 20 market cap project.

Trends

Let’s see what Google has to say.

Nice growth in search interest since late April. The previous peak coincides (slightly lags) the last time KCS peaked, and looks like we’re on our way to seeing that again.

[1] Centralized Exchange vs DEX: So why not get these gems on Pancakeswap or Uniswap? Simply put, damn there’s a steep learning curve and lots of steps. For starters you need BNB or ETH to fund these transactions. If you are underfunded, then you’re royally screwed. There’s no simple interchain operability. And without fiat gateways, you can’t just simply cash out for USD. I don’t think DEXes are user friendly, and definitely not at the point where they can take away significant market share from centralized exchanges.

Links:

Coin Gecko: https://www.coingecko.com/en/coins/kucoin-shares

CoinMarketCap: https://coinmarketcap.com/currencies/kucoin-token/

TL;DR: Load the f up on KCS because we gonna ๐ŸŒ•to Mars ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here