How Did Kucoin’s Price Fare Yesterday?
Kucoin is down by approximately 2.81% from the previous day, with its price currently hovering around $1.626 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 4.96% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $1.577872 and $1.843828 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying 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 $149 million.
Daily Engagement Metrics Update
34 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 8. If we observe percentage growth in holders and transfers, we find that Kucoin ranks 24 out of the 34 Ethereum tokens we are tracking.
Observing Kucoin’s Richest Wallets
The top 1,000 Kucoin wallets hold over 99.71% of the token’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.
The Latest on Kucoin and Social Media
In the past day, Kucoin’s Twitter followers and Reddit subscribers went up by 34 and 246, respectively. Traders interested in following Kucoin has the biggest presence on Twitter, where it has 335,221 users engaged. You can follow Kucoin on Twitter here.
Article by SixJupiter
