Kyn Capital Group (OTCMKTS:KYNC) fell 22% in profit booking. Recently the company announced ArtistRelations.com as an Entertainment and Music industry consultant. The endorsement leader with musicians for over 20 years will be discussing the anticipated KoinFold app.
Notably, ArtistRelations.com, which focuses on Artist Relations, handling of endorsements for several musical gear brands, and acquiring deliverables including posed photography, video testimonials, and video content, has a database of almost 14,000 artists. In addition, Randy Fuchs, the ArtistRelations owner, said they added a crypto-based wallet exchange to their menu for musicians they work with and getting the word out.
The company had early announced that Orland’s Kaleo Ministries had chosen to use the KoinFOld debit card in its efforts to bring homeless tenants into the workforce. Additionally, Kyn Capital Group will issue the Koinfold debit cards. The announcement is part of the new partnerships the company is currently working on following the collaboration with the National Homeowners Association dba BW Property management Group. With the advancements of Koinfold, KYNC is a stock to watch.
Market Reaction:
On Wednesday, KYNC stock slumped 22% at $0.0237 with more than 246.29 million shares, compared to its average volume of 129.35 million shares. The stock has moved within a range of $0.0230 – 0.0335 after opening the trade at $0.033.
