KuCoin: What’s the Latest Regarding its Price?
At the time of this writing, KuCoin has a price of $0.913 USD, which puts it up by approximately 1.14% from yesterday. The up day for KuCoin yesterday was a reversal from the day before it, which puts its price at 3.24% 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 2 of the previous 5 days. Another data point we may find worthy of observation is that price for KuCoin has increased 2 of the previous 5 days.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.897386 and $0.989784 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.
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 $74 million.
Update on Transactions and Holders
Over the past 24 hours, 82 transfers have been added to the blockchain recording transactions amongst holders of KuCoin. As for the number of holders, yesterday saw the number of wallets holding KuCoin increase by 3. In terms of recurring usage, we can note that 287 wallets have sent or received coins in the past month, while 22 have in the past day.
Just How Rich are KuCoin’s Richest Holders?
And in regards to wealth distribution, note that the top 1,000 KuCoin wallets hold over 210.75% of the token’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 terms of social media presence, KuCoin saw its Reddit subscribers go up by 4 over the past 24 hours. 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
