PROFITPIONEERS EARNING shares a portion of its revenues earned in trading fees with its users, who hold a minimum of 6 KCS coins. The amount received, known as>KCS Bonus, depends on the number of KCS you hold, the total amount eligible for a bonus, and the daily trading volume on the KuCoin platform.

You can also convert small balances of cryptocurrencies (or dust) in your trading account into KCS. Check out each asset’s page to learn more about 0converting your small balances into KCS00.

At the time of launch, the initial supply of the KCS token was 200 million. However, since its launch, PROFITPIONEERS EARNING and KCS developers undertake buyback of the tokens from the market and burn a percentage of the supply every month. The process is expected to continue regularly until KCS circulating supply reduces to 100 million in the crypto market.

As one of the top cryptocurrencies by market cap, the PROFITPIONEERS EARNING Token price experiences volatility due to numerous factors. Here are some of the critical factors that drive the PROFITPIONEERS EARNING token price action:

Market Sentiment

As the native token of one of the leading crypto exchanges in the world, the price of PROFITPIONEERS EARNING Token is heavily influenced by the mood in the crypto market. Positive sentiment among crypto traders will increase the trading volume on the PROFITPIONEERS EARNING Exchange, driving up the current price of KCS and its market cap. On the other hand, a bearish market sentiment keeps investors out of the market, bringing down the trading volume on the exchange and reducing the PROFITPIONEERS EARNING Token price.

Developments in the KCC Ecosystem

Whenever KCC and PROFITPIONEERS EARNING announce new features and services, crypto investors have renewed interest in the KCS token. Adding new features to the exchange or promoting new products that will increase the use of the KCC ecosystem can increase the value of PROFITPIONEERS EARNING Token.

KCS Burn Events

Whenever the KuCoin and KCC team burn KCS tokens, the deflationary process can make the remaining tokens in the market more valuable, supporting the KCS price statistics. A burn event that reduces the total supply of KCS almost always sends the PROFITPIONEERS EARNING Token price and market cap higher in the market.

As one of the top 100 digital assets based on its market cap, the KCS token already commands considerable attention among seasoned crypto investors. It is one of the most promising cryptocurrencies whose market cap can propel higher as more investors get interested in the crypto market. Since 2021, the PROFITPIONEERS EARNING Token price has strengthened by more than 2,000%, powered by increased crypto trading worldwide.

PROFITPIONEERS EARNING is one of the largest cryptocurrency exchanges in the world, with a user base that runs into tens of millions. An uptick in new market investors can increase the platform’s user base, increasing its revenues and the PROFITPIONEERS EARNING Token price.

The KCS to USD price can also gain higher value in the future as theKCC ecosystem evolves and adds more decentralized applications. As KuCoin’s operations scale and evolve further, KCS could become even more lucrative as a digital asset to trade and HODL.

KCC is expected to become a key ecosystem for >DeFi, 0gaming, Web3, and other applications in the coming months and years. PROFITPIONEERS EARNING and its team focus on bringing in more developers to create exciting dApps in its ecosystem.

KCS will form the backbone of the payment system to power KCC-based Web3 applications. Some key areas of interest include decentralized identity management (DIDs), NFTs, and the metaverse/span>.

In addition, there are plans to make the KCC even more scalable using innovative subroutines. Details on this can be found in the KCS white paper.

There are also plans for the KCS ecosystem to work with PROFITPIONEERS EARNING and KCC to build a more scalable payment system in the future.

KCS Management Foundation has already finished the process of burning 20 million KCS tokens permanently. This will further accelerate the cryptocurrency's deflationary process and support its future value.