The KuCoin trade’s native cryptocurrency, KCS, is standing out as one of many best-performing crypto belongings in the present day, posting a powerful 15% value surge. The coin touched a multi-month excessive of $12.38 earlier in the present day. Contemplating KCS traded at a low of $10.17 simply this previous Friday, it’s now up by 21.7%.
Curiously, KuCoin is seeing this notable value surge whilst main altcoins like XRP, Solana, and Dogecoin bear a correction. As an illustration, XRP is down by 5% within the final 24 hours, whereas Dogecoin and Solana are each down by about 2%.
In the meantime, KCS stays up by 9% at press time, buying and selling at $11.99. Over the previous yr, the coin has risen by 51% at its present value.
KuCoin Token Amongst Prime Gainers
BC Wong, CEO of the KuCoin trade, highlighted the platform’s token efficiency in a tweet in the present day, noting it had surged 15.43% over the past 24 hours. Wong added that this stellar efficiency positioned KCS among the many prime 5 crypto belongings with the perfect efficiency within the prime 100 over the previous day.
As of press time, KCS ranks because the second-biggest gainer over the previous 24 hours, in line with CoinMarketCap information. The one token forward of it’s Raydium (RAY), which is up 10% with a buying and selling quantity of $323 million.
What’s Fueling KCS’s Value Surge?
Notably, the value surge coincided with an announcement from the KuCoin CEO earlier in the present day. Wong revealed that KuCoin Mining is again, stronger than ever, with a renewed give attention to decentralization and empowering customers to take management. “Get able to stage up your mining sport,” he added.
KuCoin Mining is again and higher than ever. It’s all about decentralization, empowering customers to make the selections. Get able to stage up your mining sport. https://t.co/A7CCYAT3F9
— BC Wong (@BC_KuCoin) August 10, 2025
The KuCoin crew can also be within the technique of renaming its mining product and is at present in search of options from the crypto group. Two of the proposed names embody KuHash and KuMining. As of press time, KuMining leads the ballot with over 58% of the votes.
In the meantime, the trade is within the midst of its eighth-anniversary celebrations. These ongoing occasions might also be contributing to the elevated highlight on KCS.
Large Token Burn
One other issue supporting KCS’s latest value surge is a significant token burn not too long ago carried out by the KuCoin crew. Two weeks in the past, KuCoin introduced the completion of its 61st KCS burn for July 2025, additional boosting investor confidence.
Particularly, a complete of 45,288 KCS, price over $500,000, was burned. This motion decreased the circulating provide to 142,421,933 KCS, giving the token a complete valuation of roughly $1.7 billion.
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