How Did Kucoin’s Price Fare Yesterday?
At the time of this writing, Kucoin has a price of $1.023 USD, which puts it down by approximately 1.73% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 1.32% below its 20 day moving average, and is currently in a unclear 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 $0.975425 and $1.097995, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading 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 $86 million.
Update on Transactions and Holders
107 transactions amongst holders of Kucoin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 8. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 14 out of the 30 Ethereum tokens we’re tracking.
How are the Strong Holders of Kucoin Faring?
The top 1,000 Kucoin wallets hold over 99.99% of the token’s total money supply. Kucoin’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
The Latest on Kucoin and Social Media
In terms of social media presence, Kucoin saw its Twitter followers and Reddit subscribers go up by 37 and 13 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
