KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $1.186 USD, down by approximately 0.67% from the day prior. The down day for KuCoin yesterday was a reversal from the day before it, which puts its price at 5.62% below its 20 day moving average. Over the past two weeks, price has been in a down trend. Another data point we may find worthy of observation is that price for KuCoin has increased 17 of the previous 30 days. Another data point we may find worthy of observation is that price for KuCoin has increased 17 of the previous 30 days.
As for 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 $1.186038 and $1.327162. 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 $97M US dollars.
Straight Off the Chain
Over the past 24 hours, 150 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 1. To understand loyalty or repeat usage amongst holders of KuCoin, we can note that there were 62 wallets making a transaction yesterday, while 409 wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about 0.15.
Observing KuCoin’s Richest Wallets
And in regards to wealth distribution, note that the top 1,000 KuCoin wallets hold over 209.94% of the token’s total money supply. Ownership exceeding 100% is due to the fact that our supply metric is focused just on available supply, and some large owners of KuCoin have ownership they cannot sell at this time — but may be able to in the future.
KuCoin’s Social Media Presence
In the past day, KuCoin’s Twitter followers and Reddit subscribers went up by 78 and 13, respectively. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 347,347 users engaged. Here is the Twitter page for KuCoin.
Article by SixJupiter
