How Did Kucoin’s Price Fare Yesterday?
At the time of this writing, Kucoin has a price of $1.743 USD, which puts it down by approximately 4.18% from yesterday. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 12.91% above its 20 day moving average. Over the past two weeks, price has been in an up trend. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.16783 and $1.91957 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
The currency’s market cap currently stands at $157 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 23 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count jump by 11. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 24 out of the 37 Ethereum tokens we are tracking.
How are the Strong Holders of Kucoin Faring?
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. Kucoin’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
What’s Going on Social Media?
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 35 and 10 over the past day for Kucoin. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Kucoin on Twitter here.
Article by SixJupiter
