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Twitter influencers cause fear uncertainty and doubt over Kucoin

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One of the number one crypto trends right now is Kucoin and it's not for good reasons. The whole market is running far away from its liquidity pools. The exchange has been very active in its advertising on Twitter with another set of influencers and Kucoin themselves advertising the exchange. It seems the two parties are not ready to talk about what is going on.

Those who are against Kucoin are advising people to take out their holdings from the market because the Annual Percentage Yield has gone up to 200% in some liquidity pools. Those on Twitter doing this are trying to warn noobs soon before they become victims of this market.

In my experience, these warnings are not wrong. I made a lot in the Banana swap market and lost a lot too and the loss started when the market hit these abnormal values all of a sudden.


On the 5th of December, there are talks from Coinbase that XRP will not be listed as a tradable token on their market. Their reason for this is that the volume of trade has been low. This is coming at a time when there are talks about a settlement in XRP’s court case.

Coinbase recently became the third biggest exchange trading lower volumes than Uniswap. Is it possible the reason they are short in volume is that people are moving their resources elsewhere?

On markets like Binance, the value of XRP has been fluctuating around 0$.38 and 0.41. Will we see a spike in value when this court case is settled?

I’m definitely bullish for XRP because of what their win will mean for the whole market and the direction we are going.

It is breath of fresh air not to see FTX in the news today but I'm sure if I dig I’ll be able to find something at least it's not trending on Twitter.

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