KYN Capital Group Enhances KOINFOLD With Faster Transaction Speeds
Rhea-AI Summary
KYN Capital Group (OTC: KYNC) has released an upgraded version of its KOINFOLD app with enhanced transaction speeds to adapt to evolving cryptocurrency and AI markets. The update comes amid significant market movements, with Bitcoin reaching above $75,000, and other cryptocurrencies like Ether and Dogecoin showing gains of 8% and 18% respectively. CEO Rick Wilson noted increased KOINFOLD downloads during the current crypto boom, emphasizing their strategy to generate revenue through transfer and purchase fees.
Positive
- Enhanced transaction speeds in KOINFOLD app
- Increased app downloads reported during crypto market surge
- Potential revenue generation through transfer and purchase fees
Negative
- None.
News Market Reaction
On the day this news was published, KYNC declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
RANCHO CORDOVA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- KYN Capital Group (OTC: KYNC) has launched a newly upgraded version of its KOINFOLD app, optimizing transaction speeds to keep pace with the rapidly evolving cryptocurrency and AI markets.
With a highly skilled team of developers, KYN Capital is committed to staying at the forefront of the digital finance industry. This latest KOINFOLD update empowers users with cutting-edge tools, reinforcing KYNC’s leadership in cryptocurrency assets and seamless transaction experiences.
The crypto market has seen major excitement this week. Bitcoin surged nearly
“We’ve observed a substantial spike in KOINFOLD downloads amid the current cryptocurrency boom,” remarked Rick Wilson, CEO of KYN Capital Group. “Our goal is to make KOINFOLD a top choice for crypto enthusiasts by enabling faster transactions and revenue growth through transfer and purchase fees. As a crypto-friendly administration takes office, we’re excited for what’s next.”
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Visit the new KYNC website at KoinFold.com
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About KYN Capital Group, Inc. (KYNC)
KYN Capital Group, Inc. (KYNC), a Nevada Corporation, is a leading holding company dedicated to being at the vanguard of its industry working on acquisitions in the entertainment, blockchain, cryptocurrency and touchless payment verticals. KYNC leverages the expertise of its highly skilled team & developers to create a cohesive force in formulating market and business strategies, ensuring that they remain ahead of the curve to carry the company forward in the marketplace.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
Contact:
KYN Capital Group, Inc.
info@kyncap.com
FAQ
What improvements did KYN Capital Group make to KOINFOLD app in November 2024?
How does KOINFOLD (KYNC) plan to generate revenue from its app?
What was Bitcoin's price movement during KOINFOLD's update announcement?
