Kucoin’s Token Price Drops Amid Rumors Of Insolvency, CEO Says Exchange Is Financially Sound

KCS token has had a turbulent past week, trading at $8.35 after dropping nearly 17%  The coin gained momentum after Kucoin’s CEO dismissed insolvency rumors.  The coin is up by 5% in the last 24 hours, sitting at $8.61 Kucoin’s utility token KCS has seen better days, but at the moment the stagnant growth of the coin is the latest talk of the town.