The Price of KuCoin’s Native Token, KCS, Rises as KlubCoin’s KLUB Token Gets Listed
The price of KuCoin’s native token, KCS, has increased by 9.8% in the past 24 hours, reaching $5.68. This surge in price came after the announcement that KuCoin will be listing KlubCoin’s KLUB token starting November 1st. Over the past week, KCS has seen a 22.2% climb due to this announcement.
KuCoin Enables Trading and Withdrawals for KLUB Token
KuCoin has revealed that it will allow trading of the KLUB token, which powers the KlubCoin rewards platform for electronic music enthusiasts. Trading for KLUB will commence at 10 a.m. UTC on Tuesday, with withdrawals becoming available at the same time on Wednesday.
KLUB Token Listing Expands Reach to Central Exchanges
This listing on KuCoin marks a significant milestone for KLUB as it is the first central exchange to support its trading. Previously, KlubCoin had successful debuts on decentralized platforms like TrustSwap, Seedify, Bullperks, GameFi, and Gamespad, which helped raise over $700,000 for the project.
KLUB is a utility token that allows users to pay for drinks, earn cashback rewards, tip artists, reserve tables, and even gain access to exclusive experiences at major venues worldwide.
KlubCoin CEO and co-founder Stephane Schweitzer said in a statement.
KlubCoin App Gains Traction Among Electronic Music Fans
With more than 20,000 unique wallets downloading the KlubCoin app, the project is gaining popularity. The app aims to revolutionize the relationship between electronic music fans and industry players by offering them the ability to purchase tickets, merchandise, drinks, VIP tables, and more at over 50 venues globally.
KuCoin’s International Expansion Continues
The listing of KLUB on KuCoin is part of the exchange’s efforts to expand beyond its Asian base and cater to an international audience. KlubCoin also plans to land on more top centralized exchanges in the near future to further accelerate its growth.
Hot Take: KuCoin Boosts KCS Price with KLUB Token Listing
KuCoin’s decision to list KlubCoin’s KLUB token has had a positive impact on the price of its native token, KCS. With a 9.8% increase in the past 24 hours and a 22.2% climb over the week, KCS has seen significant growth following this announcement. The listing not only expands KlubCoin’s reach to a central exchange but also showcases KuCoin’s commitment to reaching a wider international audience. As KlubCoin gains traction among electronic music fans and continues its expansion plans, both projects stand to benefit from this partnership.