KYN Capital Group (OTCMKTS:KYNC) Stock Takes a Hit: Down 16%
KYN Capital Group (OTCMKTS:KYNC) dropped 16% after offering an update regarding its fully integrated digital product offering. The company’s portfolio now comprises Pay.How, KoinfoldPAy, and Asia Broadband Inc. (OTCMKTS:AABB) Wallet integration.
Market Stats
On Tuesday, KYNC stock fell 15.70% to $0.0029 with 89.79 million shares, compared to its average volume of 67.02 million shares. The stock moved within a range of $0.0029 – 0.0035 after opening trading at $0.0035.
KYN Capital Group Pushing the Digital Envelope with Pay.How, AABB Wallet and KoinfoldPay™
Solomon Williams, the company’s acting CTO, is glad to report that the beta versions of the AABB Wallet and redesigned GUI into Pay.How have been completed. This update meets a variety of needs, overcomes common challenges in the digital payment sectors, and renders the Pay.How offering more general and user-friendly.
Pay.How enables users to conduct transactions using both fiat currency and crypto payment options, transforming the company’s “super-app” into a global super-app that can handle more money transfers than before. Solomon said that as the company expands the depth and breadth of Pay.How they are more excited to start engaging the super-app to meet different needs of users internationally and locally. Therefore, investors should keep an eye on KYNC in the coming weeks with these changes.
Key Quote
“As we grow the breadth and depth of Pay.How, we have never been more excited to begin engaging our super-app to meet the various needs of our users both domestically and internationally,” states Solomon Williams, acting CTO of KYN Capital Group.
Traders Corner
KYNC stock is trading below the 20-Day and 50-Day Moving averages of $0.0040 and $0.0052 respectively. The stock is trading in neutral zone with the RSI at 32.
