Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Phu Juck on April 18, 2021, 07:33:27 PM
-
Ku Coin is an exchange coin like Binance and has a very low price. If Ku Coin gets more famous like Binance, a very huge price is possible.
Data from Coin Gecko:
Ku Coin: 79.284.989 / 169.284.989 Coins / 12$ price / 959.555.760$ Market Cap
Binance: 154.533.651 / 170.533.651 Coins / 472$ price / 73.141.747.595$ Market Cap
KuCoin has only 1/70 Market Cap of Binance.
Because not many people know about Ku Coin it has a very high capacity for growing.
What is your opinion for Ku Coin?
-
I also thought that KuCoin's KCS would be able to compete with Binance's BNB, but compared to BNB, KCS does not have its own ecosystem, has no strong and well-known blockchain, there are no large communities that use KCS as payment of transaction fees.
I think Huobi's HT will be more worthy of comparison with BNB: Huobi also has Hecochain similar to BSC.
-
With the way things are happening just recently, we know that Kucoin's KCS has a good potential for more big growth ahead. Naturally, KCS is always compared to Binance because they are both popular exchanges. However, I don't believe that KCS can eventually equal the value of BNB all because Binance is a very dynamic platform, already with a lot of related business under the same umbrella. Well, maybe if Kucoin has the big plan to follow the path taken by CZ then maybe KCS can one day be huge. Still, this is a good investment asset and including it into one's portfolio can be a good decision.
-
As @MrSpasybo already pointed out, Kucoin needs to add more utility to KCS. I know they have been working on KuChain but that's been slow. The latest development was finishing Beta. I also don't see it being marketed that much.
KCS still has a chance to pump if KuChain will be launched soon. Those who missed out on BNB's 10X+ would probably want to ride KCS's potential gains.
-
I believe Kukoin has great potential in the future, considering its current development. But now, when compared to Binance, Kukoin is still lagging behind in its capitalization compared to Binance. But Binance and Kukoin are well-known exchanges. I am sure that in the future Kukoin will be big.
-
I also thought that KuCoin's KCS would be able to compete with Binance's BNB, but compared to BNB, KCS does not have its own ecosystem, has no strong and well-known blockchain, there are no large communities that use KCS as payment of transaction fees.
I think Huobi's HT will be more worthy of comparison with BNB: Huobi also has Hecochain similar to BSC.
What do you think about OKExChain, as I understand it, they also launch their blockchain on smart contacts, and there are already projects that are testing, such projects as CherrySwap PandaSwap.
-
Ku coin's KCS is far behind BNB. The main reason of BNB pump is not for Binance it is for BSC or Binance Smart Chain which made use of the chance of ETH high gas fee and providedus with very low gas fee. Which made really successful and that is the main for the price increase of BNB
-
Ku coin is a good coin to hold for the long term but if we compare it with Binance it is nowhere to Binance. Ku coin should also follow the path of Binance and should focus on more development of its exchange and that will certainly boost the value of Ku. If Ku dev becomes more serious for further development investors will automatically attract towards Ku and it can help in increasing the value of Ku. Still, I would say its worth holding.
-
I also thought that KuCoin's KCS would be able to compete with Binance's BNB, but compared to BNB, KCS does not have its own ecosystem, has no strong and well-known blockchain, there are no large communities that use KCS as payment of transaction fees.
I think Huobi's HT will be more worthy of comparison with BNB: Huobi also has Hecochain similar to BSC.
Yes, very reasonable point. But it is still possible for Ku Coin to launch a chain. And when it does, it will rise in price very big.
HUOBI can also be a good choice because it is from China and in China are living so many people. It can have a huge impact for HUOBI.