How Did Kucoin’s Price Fare Yesterday?
Kucoin’s current price, at the time of this writing, is $1.532 USD, down by approximately 0.39% from the day prior. This marked the the 6th day in a row Kucoin has been down; it is still in a downtrend, and is currently 8.43% below 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 $1.545302 and $1.800698. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
As for Kucoin’s market cap, it is currently at about $138M US dollars.
Update on Transactions and Holders
Over the past 24 hours, 36 transfers have been added to the blockchain recording transactions amongst holders of Kucoin. Regarding a tally of holders, Yesterday saw Kucoin’s wallet count jump by 8. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Kucoin ranked 25 out of the 32 Ethereum tokens we’re tracking.
How are the Strong Holders of Kucoin Faring?
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 Reddit subscribers went up by 53, respectively. Traders interested in following Kucoin has the biggest presence on Twitter, where it has 334,979 users engaged. You can follow Kucoin on Twitter here.
Article by SixJupiter