KuCoin: What’s the Latest Regarding its Price?
KuCoin is down by approximately 0.65% from the previous day, with its price currently hovering around $0.9196 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 3.1% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. To help contextualize yesterday’s price move, we can observe that price has rallied 5 of the past 10 days. Another data point we may find worthy of observation is that price for KuCoin has increased 5 of the previous 10 days.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.8825 and $1.01553 based on its momentum and volatility over the past 14 days. 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 $75M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 34 transfers have been added to the blockchain recording transactions amongst holders of KuCoin. Regarding a tally of holders, Yesterday saw KuCoin’s wallet count increase by 2. In terms of recurring usage, we can note that 286 wallets have sent or received coins in the past month, while 19 have in the past day.
How are the Strong Holders of KuCoin Faring?
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. To further clarify, our supply metric focuses only on supply that is publicly available while many large holders may have tokens they are not able to sell yet — which is why this value can exceed 100%. As for the KuCoin’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
KuCoin’s Social Media Presence
If you are interested in following KuCoin on social media, Twitter, where it has 351,372 following it, may be a good place to start. Here is the Twitter page for KuCoin.
Article by SixJupiter
