KuCoin: What’s the Latest Regarding its Price?
KuCoin’s current price, at the time of this writing, is $0.9531 USD, up by approximately 0.48% from the day prior. KuCoin enters the day 0.85% above its 20 day moving average, and is experiencing its the 3rd day in a row up. To help contextualize yesterday’s price move, we can observe that price has rallied 5 of the past 10 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 37.28% 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 $0.911131 and $0.978989. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
The currency’s market cap currently stands at $77 million US dollars.
Straight Off the Chain
Yesterday saw 258 transfers amongst holders of KuCoin. In terms of estimating the number of holders, over the past day the total number of wallets holding KuCoin has gone up by approximately 1. In terms of recurring usage, we can note that 299 wallets have sent or received coins in the past month, while 72 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. 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. 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
Social media growth, in terms of Twitter followers and Reddit subscribers, came in at up 182 and 1 over the past day for KuCoin. If you are interested in following KuCoin on social media, Twitter, where it has 351,104 following it, may be a good place to start. Here is the Twitter page for KuCoin.
Article by SixJupiter
