Kucoin: What’s the Latest Regarding its Price?
Kucoin is down by approximately 4% from the previous day, with its price currently hovering around $1.538 USD. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 9.2% below its 20 day moving average, and is currently in a down trend over the past 14 days. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Kucoin imply the currency may oscillate between $1.565917 and $1.821583, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
The currency’s market cap currently stands at $139 million US dollars.
What Anamolies Occurred Since Yesterday?
The following metrics showed unusual change over the past 24 hours for Kucoin: holders added and transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
Over the past 24 hours, 98 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 23. To provide context, we’d rank this token as 25 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Kucoin’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 99.71% of the coin’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?
In the past day, Kucoin’s Twitter followers and Reddit subscribers went up by 64 and 80, respectively. If you are interested in following Kucoin on social media, Twitter, where it has 335,062 following it, may be a good place to start. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
