KuCoin: What’s the Latest Regarding its Price?
KuCoin is up by approximately 0.47% from the previous day, with its price currently hovering around $0.9364 USD. The up day for KuCoin yesterday was a reversal from the day before it, which puts its price at 1.34% 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 14 of the previous 30 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 70.57% less than its 7 day average volume.
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 $0.879105 and $1.019045. 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 $76 million.
Update on Transactions and Holders
70 transactions amongst holders of KuCoin occurred yesterday. Regarding a tally of holders, Yesterday saw KuCoin’s wallet count drop by 0. In terms of recurring usage, we can note that 282 wallets have sent or received coins in the past month, while 23 have in the past day.
Just How Rich are KuCoin’s Richest Holders?
As for wealth distribution, the richest 1,000 wallets currently own 210.75% of the 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. As for the KuCoin’s smart contract itself, that owns 0.01% of the total money supply, an amount unchanged from the week prior.
The Latest on KuCoin and Social Media
In the past day, KuCoin’s Twitter followers and Reddit subscribers went up by 36 and 3, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. Use this link to follow KuCoin on Twitter.
Article by SixJupiter
