KuCoin Price Update
KuCoin’s current price, at the time of this writing, is $0.9561 USD, up by approximately 2.28% from the day prior. The up day for KuCoin yesterday was a reversal from the day before it, which puts its price at 7.4% 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 12 of the previous 30 days. Another data point we may find worthy of observation is that price for KuCoin has increased 12 of the previous 30 days.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.829993 and $1.234907 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 $78M US dollars.
Straight Off the Chain
Over the past 24 hours, 69 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 decline by 0. In terms of recurring usage, we can note that 425 wallets have sent or received coins in the past month, while 53 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 209.94% of the token’s total 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.
What’s Going on Social Media?
In terms of social media presence, KuCoin saw its Twitter followers and Reddit subscribers go up by 134 and 9 over the past 24 hours. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 350,886 users engaged. You can follow KuCoin on Twitter here.
Article by SixJupiter
