Kucoin: What’s the Latest Regarding its Price?
At the time of this writing, Kucoin has a price of $1.487 USD, which puts it down by approximately 1.39% from yesterday. This marked the the 2nd consecutive day Kucoin has been down; it is still in a downtrend, and is currently 8.98% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Kucoin imply the currency may oscillate between $1.508353 and $1.759047, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
The market capitalization of Kucoin, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $133 million.
Update on Transactions and Holders
Over the past 24 hours, 37 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. As for the number of holders, yesterday saw the number of wallets holding Kucoin rise by 6. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 25 out of the 32 Ethereum tokens we’re tracking.
Just How Rich are Kucoin’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.99%. Kucoin’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
Kucoin’s Social Media Presence
Social media growth, in terms of Reddit subscribers, came in at up 250 over the past day for Kucoin. If you are interested in following Kucoin on social media, Twitter, where it has 334,902 following it, may be a good place to start. Here is the Twitter page for Kucoin.
Article by SixJupiter
