How Did Kucoin’s Price Fare Yesterday?
Kucoin is up by approximately 1.9% from the previous day, with its price currently hovering around $1.713 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 5.44% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $1.495743 and $1.753557. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $155 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 31 transfers have been added to the blockchain recording transactions 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 3. To provide context, we’d rank this token as 49 out of the 70 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Kucoin’s Richest Holders?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.99%. As for the Kucoin’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
Kucoin’s Social Media Presence
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
