KuCoin Token (KCS) Surges as They Agree to Settle Lawsuit Following Binance (BNB), Investors Looking Toward This New Exchange

KuCoin Token (KCS) agreed to a $22 million settlement with the New York Attorney General’s (NYAG) office but despite this minor setback for the exchange, the cryptocurrency has been performing well and is in the green zone. Binance has been under fire following 13 different charges from the SEC, so traders are looking elsewhere for high ROI now. Pullix (PLX) has gained significant attention as it represents an alternative exchange that can solve key pain points in the industry and push forward a new generation of TradFi. 

Today, we will jump into the price performance of both cryptocurrencies to see just how far they can rise in value during the upcoming months. We will go over which crypto to buy today for long-term growth.

KuCoin Token (KCS) Settles With NYAG – Price to Reach $17.61

KuCoin Token (KCS) recently saw a lot of spotlight. KuCoin settled with the New York Attorney General’s (NYAG) office for $22 million. The lawsuit was filed by the NYAG In March, and has since been settled and occurred a short-time after Binance had similar issues. During the past month, KuCoin Token saw an upswing in value of 78%. Moreover, during the past week, the crypto saw an upswing of 14%, as the value of KuCoin Token increased from $9.45 to $14.15. 

With a market cap of $1,044,139,255, it is currently the 67th largest crypto, and its value can move upwards from here. According to the KuCoin Token price prediction, it can reach $17.61 by the end of 2024. 

Binance (BNB) Price Struggles Amid SEC Lawsuit

Binance (BNB) was recently in hot waters, as the SEC filed 13 different charges against different entities, and the Founder, Chanpeng Zhao. As a result, the value of BNB took a major hit, resulting in many worrying about its future.

During the past month, the value of BNB was at a decline. During the past week, BNB did climb above $255 briefly, but it then fell to $245. Its market cap is still at $37,853,824,416, making it the 4th largest crypto. According to the latest BNB price prediction, it can reach $389.92 in 2024.

Pullix (PLX) to Feature a Revenue Share Model and Fixed Passive Income

Pullix (PLX) is now picking up a lot of attention as an alternative exchange that will solve key issues found in the DEX and CEX space. The platform will be community-driven and will provide an easy-to-use and comprehensive solution for all types of traders. It will leverage blockchain technology and will let users participate in yield farming, staking, and even liquidity provision.

Other features include futures, CFDs, and a value for secure storage of cryptocurrencies. There will also be a lending protocol for earning passive income and a DeFi and NFT Launchpad for different investment opportunities.

On top of the platform, users can margin trade across all assets and even gain up to 1000:1 in leverage. Holders can add to markets or make suggestions on new assets, and there are tight spreads with zero commissions. Users can even maintain full control over their private keys and maintain full custody of their crypto. Traders will not be required to undergo a KYC procedure and can, as a result, just connect with an email address. 

The PLX crypto will be used as the revenue-sharing mechanism. Token holders profit from the daily revenue of the exchange and earn a fixed passive income by providing liquidity to its automated market makers.

Summary

KuCoin Token is performing well despite the settlement news, and Binance is heading downwards. As a result, Pullix is where traders are turning their attention. During Stage 3 of the presale, the PLX crypto trades at $0.044. At launch, analysts are projecting a major upswing for this cryptocurrency. All of these aspects make it the best cryptocurrency to invest in.

For more information regarding Pullix’s presale see links below: 

Visit Pullix 

Join The Pullix Communities

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