What was the total amount raised by Kucoin during its ICO and how did it affect the value of its native token?

3 answers

• Josefsen BeanSep 14, 2021 · 4 years ago
  Kucoin raised a total of $20 million during its ICO. The ICO was highly successful and generated a lot of interest from investors. As a result, the value of Kucoin's native token experienced a significant increase in the months following the ICO. This can be attributed to the increased demand for the token as more people became aware of the platform and its potential.
  370

  185
• schaantiiFeb 10, 2021 · 4 years ago
  The total amount raised by Kucoin during its ICO was $20 million. This successful fundraising campaign had a positive impact on the value of its native token. As more people invested in the ICO, the demand for the token increased, leading to a rise in its value. This demonstrates the confidence and support that the community had in Kucoin and its future prospects.
  366

  122
• Lynn LiebertJan 02, 2022 · 4 years ago
  Kucoin's ICO was a massive success, raising a total of $20 million. This influx of funds had a significant impact on the value of its native token. The increased capital allowed Kucoin to further develop its platform and attract more users, which in turn increased the demand for its token. As a result, the value of the token experienced a substantial increase, benefiting early investors and contributing to the overall success of the project. It's worth noting that the success of an ICO doesn't solely determine the long-term value of a token, but it certainly plays a crucial role in establishing a strong foundation for growth.
  633

  159