KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $0.9355 USD, down by approximately 1.81% from the day prior. This marked the the 5th day in a row KuCoin has been down; it is still in a unclear trend, and is currently 23.82% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 0 of the past 5 days. Another data point we may find worthy of observation is that price for KuCoin has increased 0 of the previous 5 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 $0.903039 and $1.553081, 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 currency’s market cap currently stands at $99 million US dollars.
Update on Transactions and Holders
NA transactions amongst holders of KuCoin occurred yesterday. Regarding a tally of holders, Yesterday saw KuCoin’s wallet count NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.08, with 40 wallets making a transfer this past day and 477 wallets having made a transfer in the past month.
Just How Rich are KuCoin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 209.94% of the coin’s total money supply. Incidentally, this value exceeds 100% because many owners are not yet able to sell (due to contractual provisions), and our supply metric only observes liquid supply. KuCoin’s smart contract owns approximately 0.01% of its own total money supply. This amount hasn’t changed over the past week.
KuCoin’s Social Media Presence
In the past day, KuCoin’s Twitter followers and Reddit subscribers went up by 27 and 10, respectively. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 348,314 users engaged. Use this link to follow KuCoin on Twitter.
Article by SixJupiter
