KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $0.9283 USD, down by approximately 6.37% from the day prior. This marked the the 2nd day in a row KuCoin has been down; it is still in a unclear trend, and is currently 7.17% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. Another data point we may find worthy of observation is that price for KuCoin has increased 7 of the previous 14 days. And in terms of volume, yesterday’s price move ocurred on volume that was 49.69% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.920822 and $1.079198 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for KuCoin’s market cap, it is currently at about $75M US dollars.
Update on Transactions and Holders
65 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 down by approximately 0. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.12, with 42 wallets making a transfer this past day and 351 wallets having made a transfer in the past month.
Just How Rich are KuCoin’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 209.94% of the 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. The underlying smart contract itself for KuCoin owns 0.01% of the total money supply; over the past week, this amount has not changed.
KuCoin’s Social Media Presence
Traders interested in following KuCoin has the biggest presence on Twitter, where it has 351,141 users engaged. Use this link to follow KuCoin on Twitter.
Article by SixJupiter
