How Did Kucoin’s Price Fare Yesterday?
Kucoin’s current price, at the time of this writing, is $1.183 USD, up by approximately 6.19% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 23.77% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.152465 and $1.951335 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of 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 $99 million.
Daily Engagement Metrics Update
70 transactions amongst holders of Kucoin occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Kucoin jump by 9. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 24 out of the 33 Ethereum tokens we’re tracking.
Just How Rich are Kucoin’s Richest Holders?
The top 1,000 Kucoin wallets hold over 99.99% of the token’s total money supply. As for the Kucoin’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
Kucoin’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Here is the Twitter page for Kucoin.
Article by SixJupiter
