How Did Kucoin’s Price Fare Yesterday?
At the time of this writing, Kucoin has a price of $0.9424 USD, which puts it down by approximately 2.2% from yesterday. Kucoin enters the day 4.06% below its 20 day moving average, and is experiencing its the 2nd consecutive day down. In terms of an expected trading range, the Bollinger bands on Kucoin suggest price may bounce between $0.921859 and $1.042681 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 $80 million.
Update on Transactions and Holders
Over the past 24 hours, 72 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 13. To provide context, we’d rank this token as 23 out of the 34 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Kucoin’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.99% of the coin’s total money supply. The underlying smart contract itself for Kucoin owns 0.01% of the total money supply; over the past week, this amount has not changed.
Kucoin’s Social Media Presence
In the past day, Kucoin’s Twitter followers and Reddit subscribers went up by 70 and 16, respectively. If you are interested in following Kucoin on social media, Twitter, where it has 334,084 following it, may be a good place to start. Use this link to follow Kucoin on Twitter.
Article by SixJupiter
