Kucoin: What’s the Latest Regarding its Price?
At the time of this writing, Kucoin has a price of $1.145 USD, which puts it up by approximately 1.06% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 10.7% below its 20 day moving average, and is currently in a down trend over the past 14 days. 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 $1.165791 and $1.398509, 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 $95M US dollars.
What Anamolies Occurred Since Yesterday?
The following metrics showed unusual change over the past 24 hours for Kucoin: holders added and transfers added. Further investigation may be warranted.
Update on Transactions and Holders
Over the past 24 hours, 129 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 27. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 26 out of the 36 Ethereum tokens we’re tracking.
Just How Rich are Kucoin’s Richest Holders?
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 0.01% of the total money supply; over the past week, this amount has not changed.
The Latest on Kucoin and Social Media
Traders interested in following Kucoin has the biggest presence on Twitter, where it has 334,955 users engaged. Here is the Twitter page for Kucoin.
Article by SixJupiter
