Kucoin: What’s the Latest Regarding its Price?
Kucoin’s current price, at the time of this writing, is $1.692 USD, down by approximately 1.11% from the day prior. The down day for Kucoin yesterday was a reversal from the day before it, which puts its price at 17.28% above its 20 day moving average. Over the past two weeks, price has been in an up trend. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.136045 and $1.749355 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading 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 $150 million.
What Anamolies Occurred Since Yesterday?
Since yesterday, Kucoin saw anomalous behavior in holders added and transfers added. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
Over the past 24 hours, 105 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 18. To provide context, we’d rank this token as 21 out of the 37 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Kucoin Faring?
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. Kucoin’s smart contract owns approximately 0% of its own total money supply. This amount hasn’t changed over the past week.
Kucoin’s Social Media Presence
If you are interested in following Kucoin on social media, Twitter, where it has 335,297 following it, may be a good place to start. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
