How Did KuCoin’s Price Fare Yesterday?
KuCoin’s current price, at the time of this writing, is $1.003 USD, down by approximately 1.28% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.95% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. From another vantage point, note that price has gone up 3 of the past 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 66.95% less than its 7 day average volume.
In terms of an expected trading range, the Bollinger bands on KuCoin suggest price may bounce between $0.929041 and $1.096299 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
As for KuCoin’s market cap, it is currently at about $82M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 101 transfers have been added to the blockchain recording transactions amongst holders of KuCoin. Regarding a tally of holders, Yesterday saw KuCoin’s wallet count rise by 4. In terms of recurring usage, we can note that 354 wallets have sent or received coins in the past month, while 26 have in the past day.
Observing KuCoin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 209.94% of the coin’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. The underlying smart contract itself for KuCoin owns 0.01% of the total money supply; over the past week, this amount has not changed.
What’s Going on Social Media?
In the past day, KuCoin’s Twitter followers and Reddit subscribers went up by 38 and 2, respectively. Traders interested in following KuCoin has the biggest presence on Twitter, where it has 351,141 users engaged. You can follow KuCoin on Twitter here.
Article by SixJupiter
