Investors are quite likely to keep an eye on the fortunes of the stocks of those companies that had been in the news cycle on Thursday, and hence it is likely that the KYN Capital Group Inc. (OTC: KYNC) stock is going to be in focus. As it happens, the company was in sharp focus yesterday after it provided a major update.
The Announcement
In the news release, the company provided a key new update with regards to its Koinfold cryptocurrency mobile app. In the update, the company provided details with regards to the integration of the Official Trump Meme Coin with the app. KYN Capital Group noted that such integration would allow it to take advantage of the fast-emerging meme coin trend in the cryptocurrency market. The integration of such a high profile meme coin would not only gain the attention of meme coin fans but also supporters of the United States President.
Further Information
KYN Capital Group also noted that it had opted for the move in anticipation of the predicted strength of the meme coin market this year and beyond. The company also added AI-backed tools to the app as part of the latest update to the app.
Technicals
| +/- EMA(20) | 0.0006 (-16.67%) |
| +/- SMA(50) | 0.0006 (-16.67%) |
| +/- SMA(200) | 0.0008 (-37.50%) |
| 5-Day Perf. | -28.57% |
| 1-Month Perf. | -16.67% |
| 3-Month Perf. | -37.5% |
| 6-Month Perf. | -44.44% |
| YTD Perf. | -16.67% |
| 1-Year Perf. | -28.57% |
| RSI(14) | 42.24 |
| ATR(14) | – |
| ADX(14) | 27.92 |
| Beta (5Y) | -0.08 |
