How Did Kucoin’s Price Fare Yesterday?
Kucoin is up by approximately 1.57% from the previous day, with its price currently hovering around $1.102 USD. 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 0.22% 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 $1.043838 and $1.164962, based on how price has behaved in the two weeks prior. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
As for Kucoin’s market cap, it is currently at about $96M US dollars.
Update on Transactions and Holders
Yesterday we did not see any transfers amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count decline by 0. To provide context, we’d rank this token as 27 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
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. 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
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
