How Did KuCoin’s Price Fare Yesterday?
KuCoin’s current price, at the time of this writing, is $0.9221 USD, down by approximately 2.35% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 10.48% 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 3 of the previous 10 days. Another data point we may find worthy of observation is that price for KuCoin has increased 3 of the previous 10 days.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.793937 and $1.266263 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.
The currency’s market cap currently stands at $75 million US dollars.
Straight Off the Chain
Yesterday saw 185 transfers amongst holders of KuCoin. As for the number of holders, yesterday saw the number of wallets holding KuCoin increase by 3. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at 0.15, with 68 wallets making a transfer this past day and 450 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. This number is greater than 100% because many of the token holders are not able to sell them yet, and thus their numbers are not included in the supply yet, though they can be regarded as future sellers when they are able to sell. 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
In terms of social media presence, KuCoin saw its Twitter followers and Reddit subscribers go up by 73 and 14 over the past 24 hours. If you are interested in following KuCoin on social media, Twitter, where it has 350,752 following it, may be a good place to start. Use this link to follow KuCoin on Twitter.
Article by SixJupiter
