How Did Kucoin’s Price Fare Yesterday?
Kucoin is up by approximately 6.18% from the previous day, with its price currently hovering around $1.22 USD. Kucoin is currently in a unclear , and it should be noted that this is now the the 4th consecutive day that price has been up. Moreover, Kucoin is now 1.86% above its 20 day moving average. Kucoin’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $1.111105 and $1.284295. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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 $101 million.
Straight Off the Chain
Yesterday saw 5 transfers amongst holders of Kucoin. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 2. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 24 out of the 33 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.
What’s Going on Social Media?
If you are interested in following Kucoin on social media, Twitter, where it has 337,817 following it, may be a good place to start. You can follow Kucoin on Twitter here.
Article by SixJupiter
