Kucoin: What’s the Latest Regarding its Price?
At the time of this writing, Kucoin has a price of $1.644 USD, which puts it down by approximately 0.84% from yesterday. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 2.31% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.55411 and $1.81169 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.
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 $147 million.
Daily Engagement Metrics Update
40 transactions amongst holders of Kucoin occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Kucoin has gone up by approximately 10. To provide context, we’d rank this token as 25 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Kucoin’s Richest Wallets
The top 1,000 Kucoin wallets hold over 99.71% of the token’s total money supply. As for the Kucoin’s smart contract itself, that owns 0% of the total money supply, an amount unchanged from the week prior.
What’s Going on Social Media?
Social media growth, in terms of Reddit subscribers, came in at up 322 over the past day for Kucoin. Traders interested in following Kucoin has the biggest presence on Twitter, where it has 335,242 users engaged. Here is the Twitter page for Kucoin.
Article by SixJupiter
