Kucoin Price Update
At the time of this writing, Kucoin has a price of $1.163 USD, which puts it up by approximately 8.19% from yesterday. 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 19.24% 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 $1.018552 and $1.861448 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
The currency’s market cap currently stands at $98 million US dollars.
Update on Transactions and Holders
Over the past 24 hours, 9 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count drop by 0. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 28 out of the 32 Ethereum tokens we are 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. The underlying smart contract itself for Kucoin owns 0% of the total money supply; over the past week, this amount has not changed.
The Latest on Kucoin and Social Media
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 23 and 28 over the past 24 hours. 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
