KuCoin [01.03.2018 Trading]
Today I m starting new series of articles "KuCoin Trading", this will give stats from the KuCoin exchange, looking into stats like: volumes, top risers, top fallers, etc. The main purpose is to mark some stats, so later on I will look into some historical data, as the KuCoin exchange will expand.
Top volume
Top risers
Top fallers
My comments:
I am currently looking in details into some coins which are listed on KuCoin. I am forming a long term portfolio (6 month - 2-5 years).
The overall volumes are not as high as on other bit exchanges: Bittrex / Poloniex / Binance. But the vol are picking up, which is a good news.
I am specially focused on these coins: Polymath / Trinity / NANO / NEO / VeChain / CarVertical / EOS / uTrust / enjin coin / Civic / wax / Quantstamp / TenX / Clear Poll / KuCoin shares.
I think Kucoin is doing really bad recently, the price is keep dropping, bonus is not paid everyday (mispayment occurs frequently ), I think the coin is still overvalued and people are leaving it.
Yes I agree they have issues in terms of dividend payments. I am also watching this company closely, how they communicate (twitter, official news, exchange news etc), and I believe that they are being flooded with swarm of new users, and this is the main cause for delays. So in the longer run, I am still optimistic on this coin (project) ofc the question is "will this project make enough bang for the buck in the short or medium term?". I have allocated part of my longer term investments already to KuCoin.
Also the price being 30 USD at the peak time, and comparing with 4 USD now, looks like KuCoin is cheap. Just looking into their total coin supply, which is limited, and some buybacks will be made in the future.
Another deep drop just happened to Kucoin share, and no idea what's the reason. Edit test